Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.045%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2272.266% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.430%−$43 · spread now +0.045%, 7d avg +0.060%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2233 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $2.9M | $2.0M | 75x |
| Short | Gate THETA_USDT | 0.2234 | 0.0100 | get 0.0100% / 8h | 2h 51m | $374K | $138K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.045% → +0.060%
- −$1.55
- Slippage, 4 orders
- −$200.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$228.17
- Costs to cover
- 2.266%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 6 min ago | 2.25 bp | 19.1 bp −$19 | 64.8 bp −$648 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 8.97 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
THETA on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0811% | 8h | 0.2220 | −0.583% | $239K | $23K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0345% | 1h | 0.2225 | −0.362% | $81K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0063% | 8h | 0.2232 | −0.045% | $645K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0056% | 8h | 0.2233 | 0.000% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.344% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2236 | +0.125% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2236 | +0.134% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2233 | long leg | $2.9M | $2.0M | 75x | |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2234 | +0.045% | $374K | $138K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2234 | +0.045% | $1.5M | $595K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2236 | +0.134% | $959K | $111K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2236 | +0.134% | $1.3M | $679K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2225 | −0.358% | $162K | $190K | 75x | as long as short |
Bybit THETAUSDT
Gate THETA_USDT
Variational Omni THETA
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT