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

THETA

all THETA markets
SwapBacktest
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: Bitget against MEXC0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$710.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days+0.059%+$6 · spread now 0.000%, 7d avg −0.002%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC THETA_USDT0.22470.0100pay 0.0100% / 8h2m 56s$1.5M$605K100x
ShortBitget THETAUSDT0.22470.0100get 0.0100% / 8h2m 56s$1.3M$679K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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%
$0.24
Slippage, 4 orders
−$54.51
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.27
Costs to cover
0.705%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 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 MEXC live order book, 3 min ago2.23 bp10.6 bp −$1125.5 bp −$255167.1 bp −$16.7Kdoesn't fit
Sell Bitget live order book, 3 min ago2.23 bp28.2 bp −$2882.3 bp −$823doesn'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−0.0515%8h0.2234−0.570%$292K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0163%1h0.2248+0.043%$82K$58K20xas long as short
BingX THETA-USDT+0.0003%8h0.2245−0.089%$2.4Mas long as short
OKX THETA-USDT-SWAP+0.0012%8h0.22470.000%$670K$1.4M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.940%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2247+0.006%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2247+0.003%$3.2M$5.0M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2244−0.120%$3.0M$2.1M75xas long as short
Gate THETA_USDT+0.0100%8h0.2245−0.089%$377K$135K50xas long as short
MEXC THETA_USDTlong+0.0100%8h0.2247long leg$1.5M$605K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2249+0.089%$1.1M$183K50xas long as short
Bitget THETAUSDTshort+0.0100%8h0.22470.000%$1.3M$679K50x
BloFin THETA-USDT+0.0220%8h0.2248+0.045%$159K$189K75xas long as short