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

THETA

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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: Gate against OKX+0.090%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2962.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.090%, 7d avg +0.030%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX THETA-USDT-SWAP0.22220.0100pay 0.0100% / 8h1m 47s$619K$1.4M20x
ShortGate THETA_USDT0.22240.0100get 0.0100% / 8h1m 47s$372K$157K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: +0.090% → +0.030%
$6.03
Slippage, 4 orders
−$270.98
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$289.95
Costs to cover
2.960%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 34 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 OKX live order book, 5 min ago2.25 bp42.8 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 34 min ago4.51 bp115.7 bp −$116doesn'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−0.0284%1h0.2225+0.121%$80K$70K20xas long as short
Variational Omni THETA−0.0242%8h0.2222−0.013%$290K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.870%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2224+0.100%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2222+0.008%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2220−0.090%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAPlong+0.0100%8h0.2222long leg$619K$1.4M20x
Gate THETA_USDTshort+0.0100%8h0.2224+0.090%$372K$157K50x
MEXC THETA_USDT+0.0100%8h0.22220.000%$1.4M$575K100xas long as short
KuCoin THETAUSDTM+0.0100%8h0.2225+0.135%$1.0M$418K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDT+0.0100%8h0.2221−0.045%$1.2M$877K50xas long as short
BingX THETA-USDT+0.0100%8h0.2221−0.045%$2.5Mas long as short
BloFin THETA-USDT+0.0220%8h0.2219−0.135%$155K$193K75xas long as short