Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.7% APRnext payment −$2.99 per $10,000 · paid last 24h −0.148%
Price spread now: Variational Omni against MEXC−0.489%7-day average −0.096% · 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)−0.222%−$22 on $10k
+Price spread, last 4 days (all we have)+0.613%+$61 · spread now −0.489%, 7d avg −0.096%
=Together, before fees+0.391%+ Points / potential airdropVariational Omni: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.393% cheaper against MEXC than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.096%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THETA_USDT | 0.2228 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $1.3M | $584K | 100x |
| Short | Variational Omni THETA | 0.2217 | −0.0199 | pay 0.0199% / 8h | 2h 19m | $290K | $74K | — |
MEXC THETA_USDT
Variational Omni THETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$62.78
- Price spread: −0.489% → −0.096%
- −$39.28
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$106.06
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Variational Omni: RFQ quote, 30 min ago. 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 MEXC live order book, 2 min ago | 2.25 bp | 10.9 bp −$11 | 26.4 bp −$264 | 173.9 bp −$17.4K | doesn't fit |
| Sell Variational Omni RFQ quote, 30 min ago | 8.87 bp | doesn't fit | 66.5 bp −$665 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSD | −0.0410% | 1h | 0.2228 | +0.022% | $88K | $64K | 20x | as long as short |
| Variational Omni THETAshort | −0.0199% | 8h | 0.2217 | −0.489% | $290K | $74K | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.129% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2228 | 0.000% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2230 | +0.076% | $17K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2228 | +0.014% | $3.1M | $6.2M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2226 | −0.103% | $3.0M | $2.8M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2225 | −0.135% | $622K | $1.5M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2227 | −0.045% | $373K | $165K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2228 | long leg | $1.3M | $584K | 100x |
Kraken Futures PF_THETAUSD
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2226 | −0.090% | $1.0M | $417K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2229 | +0.045% | $1.2M | $874K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2218 | −0.449% | $155K | $191K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT