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

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Gate−4.515%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.515% cheaper against Gate than usual: you would sell low and buy high (−$451 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THETA_USDT0.22370.0100pay 0.0100% / 8h8m 24s$375K$135K50x
ShortInjective THETA/USDC PERP0.21360.0033get 0.0004% / 1h8m 24s$208$25K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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
−$14
Price spread: −4.515% → 0.000%
−$451.5
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$480.52
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago4.47 bp55.1 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0527%8h0.2232−0.238%$292K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0164%1h0.2240+0.138%$82K$58K20xas long as short
BingX THETA-USDT−0.0002%8h0.2240+0.134%$2.4Mas long as short
OKX THETA-USDT-SWAP+0.0002%8h0.2239+0.089%$667K$1.4M20xas long as short
Injective THETA/USDC PERPshort+0.0033%1h0.2136−4.515%$208$25K5.5x
Aster THETAUSDT+0.0100%8h0.2240+0.134%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2242+0.229%$3.2M$5.0M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2238+0.036%$2.9M$2.1M75xas long as short
Gate THETA_USDTlong+0.0100%8h0.2237long leg$375K$135K50x
MEXC THETA_USDT+0.0100%8h0.2242+0.224%$1.4M$603K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2240+0.134%$1.1M$175K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2241+0.179%$1.3M$714K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2235−0.089%$159K$187K75xas long as short