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−0.0566%/8h= −61.9% APRpaid last 24h −0.076%
Price spread now: Variational Omni against Injective+4.997%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 4.997% dearer against Injective than usual: you sell high and buy low (spread +4.997% now, against zero (this spread has no 7-day history yet)): +$500 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 29 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective THETA/USDC PERP0.21360.0033pay 0.0004% / 1h28m 44s$208$25K5.5x
ShortVariational Omni THETA0.2243−0.0532pay 0.0532% / 8h28m 44s$293K$74K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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
−$118.8
Price spread: +4.997% → 0.000%
$499.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$380.91
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 50 min ago. 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 Injective no order-book sample
Sell Variational Omni RFQ quote, 50 min ago8.98 bpdoesn't fit44.9 bp −$449doesn't fitdoesn't fit
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 THETAshort−0.0532%8h0.2243+4.997%$293K$74K
Kraken Futures PF_THETAUSD−0.0163%1h0.2247+5.216%$82K$58K20xas long as short
BingX THETA-USDT−0.0016%8h0.2246+5.150%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0012%8h0.2244+5.056%$667K$1.4M20xas long as short
Injective THETA/USDC PERPlong+0.0033%1h0.2136long leg$208$25K5.5x
Aster THETAUSDT+0.0100%8h0.2246+5.167%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2247+5.195%$3.2M$4.9M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2242+4.963%$2.9M$2.1M75xas long as short
Gate THETA_USDT+0.0100%8h0.2247+5.197%$377K$135K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2246+5.150%$1.5M$600K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2247+5.197%$997K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2246+5.150%$1.3M$713K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2247+5.197%$162K$188K75xas long as short