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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THETA_USDT | 0.2237 | 0.0100 | pay 0.0100% / 8h | 8m 24s | $375K | $135K | 50x |
| Short | Injective THETA/USDC PERP | 0.2136 | 0.0033 | get 0.0004% / 1h | 8m 24s | $208 | $25K | 5.5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 4.47 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0527% | 8h | 0.2232 | −0.238% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0164% | 1h | 0.2240 | +0.138% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDT | −0.0002% | 8h | 0.2240 | +0.134% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | +0.0002% | 8h | 0.2239 | +0.089% | $667K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERPshort | +0.0033% | 1h | 0.2136 | −4.515% | $208 | $25K | 5.5x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2240 | +0.134% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2242 | +0.229% | $3.2M | $5.0M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2238 | +0.036% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDTlong | +0.0100% | 8h | 0.2237 | long leg | $375K | $135K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2242 | +0.224% | $1.4M | $603K | 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 | 0.2240 | +0.134% | $1.1M | $175K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2241 | +0.179% | $1.3M | $714K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2235 | −0.089% | $159K | $187K | 75x | as long as short |
Gate THETA_USDT
Injective THETA/USDC PERP
Variational Omni THETA
Kraken Futures PF_THETAUSD
BingX THETA-USDT
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT