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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against KuCoin0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 days+0.001%$0 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin THETAUSDTM0.22610.0100pay 0.0100% / 8h4h 19m$1.1M$313K50x
ShortOKX THETA-USDT-SWAP0.22610.0100get 0.0100% / 8h4h 19m$632K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: 0.000% → +0.002%
−$0.23
Slippage, 4 orders
−$131.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$154.05
Costs to cover
1.538%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 2 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 KuCoin live order book, 5 min ago8.83 bp42.9 bp −$43155.4 bp −$1,554doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago4.42 bp36.9 bp −$37doesn'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
Kraken Futures PF_THETAUSD−0.0495%1h0.2261+0.018%$82K$35K20xas long as short
Variational Omni THETA−0.0174%8h0.2260−0.063%$296K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−5.529%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.22610.000%$2.5Mas long as short
Aster THETAUSDT+0.0100%8h0.2261−0.014%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.2262+0.044%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2260−0.044%$3.1M$2.1M75xas long as short
OKX THETA-USDT-SWAPshort+0.0100%8h0.22610.000%$632K$1.3M20x
Gate THETA_USDT+0.0100%8h0.2264+0.133%$384K$136K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2263+0.088%$1.5M$571K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMlong+0.0100%8h0.2261long leg$1.1M$313K50x
Bitget THETAUSDT+0.0100%8h0.2260−0.044%$1.2M$623K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2262+0.044%$158K$180K75xas long as short