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 0.000%
Price spread now: Gate against MEXC0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1391.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now 0.000%, 7d avg −0.016%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC THETA_USDT0.22510.0100pay 0.0100% / 8h7h 12m$1.5M$580K100x
ShortGate THETA_USDT0.22510.0100get 0.0100% / 8h7h 12m$379K$118K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → −0.016%
$1.6
Slippage, 4 orders
−$120.04
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$137.44
Costs to cover
1.390%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 57 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 ago4.45 bp11.6 bp −$1234.1 bp −$341183.0 bp −$18.3Kdoesn't fit
Sell Gate live order book, 57 min ago4.47 bp59.7 bp −$60doesn'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−0.1006%1h0.2254+0.115%$82K$55K20xas long as short
Variational Omni THETA−0.0435%8h0.2245−0.282%$293K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−5.109%$208$25K5.5xas long as short
BingX THETA-USDT+0.0037%8h0.22510.000%$2.4Mas long as short
OKX THETA-USDT-SWAP+0.0063%8h0.2250−0.044%$671K$1.3M20xas long as short
Aster THETAUSDT+0.0100%8h0.2253+0.088%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2251+0.005%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2251−0.022%$3.0M$2.0M75xas long as short
Gate THETA_USDTshort+0.0100%8h0.22510.000%$379K$118K50x
MEXC THETA_USDTlong+0.0100%8h0.2251long leg$1.5M$580K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2253+0.089%$1.2M$230K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2252+0.044%$1.3M$612K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2250−0.044%$160K$175K75xas long as short