Settings8H · net · $10k
Funding arb · Price arb /

THETA

all THETA markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.352%−$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit THETAUSDT0.22330.0100pay 0.0100% / 8h2h 51m$2.9M$2.0M75x
ShortGate THETA_USDT0.22340.0100get 0.0100% / 8h2h 51m$374K$138K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.25 bp19.1 bp −$1964.8 bp −$648doesn't fitdoesn't fit
Sell Gate live order book, 33 min ago8.97 bp128.2 bp −$128doesn't fitdoesn't fitdoesn't fit

THETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni THETA−0.0811%8h0.2220−0.583%$239K$23Kas long as short
Kraken Futures PF_THETAUSD−0.0345%1h0.2225−0.362%$81K$58K20xas long as short
OKX THETA-USDT-SWAP−0.0063%8h0.2232−0.045%$645K$1.3M20xas long as short
BingX THETA-USDT−0.0056%8h0.22330.000%$2.4Mas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.344%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2236+0.125%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.2236+0.134%$3.2M$4.8M75xas long as short
Bybit THETAUSDTlong+0.0100%8h0.2233long leg$2.9M$2.0M75x
Gate THETA_USDTshort+0.0100%8h0.2234+0.045%$374K$138K50x
MEXC THETA_USDT+0.0100%8h0.2234+0.045%$1.5M$595K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2236+0.134%$959K$111K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2236+0.134%$1.3M$679K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2225−0.358%$162K$190K75xas long as short