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

THETA

all THETA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h −0.020%
Price spread now: Injective against OKX−4.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on OKXShort on Injective
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 4.129% cheaper against OKX than usual: you would sell low and buy high (spread −4.129% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$413 on $10k: about 5 months of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX THETA-USDT-SWAP0.2228−0.0062get 0.0062% / 8h1h 09m$662K$1.3M20x
ShortInjective THETA/USDC PERP0.21360.0033get 0.0004% / 1h9m 12s$208$25K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$20.12
Price spread: −4.129% → 0.000%
−$412.93
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$402.83
Costs to cover
0.100%
Break-even
147.2 days
Slippage unknown: OKX: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

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, 2 min ago2.24 bp25.2 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample—————
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1010%1h0.2232+0.181%$81K$58K20xas long as short
Variational Omni THETA−0.0610%8h0.2227−0.058%$291K$74K—as long as short
BingX THETA-USDT−0.0064%8h0.22280.000%—$2.4M—as long as short
OKX THETA-USDT-SWAPlong−0.0062%8h0.2228long leg$662K$1.3M20x
Injective THETA/USDC PERPshort+0.0033%1h0.2136−4.129%$208$25K5.5x
Aster THETAUSDT+0.0100%8h0.2230+0.104%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2231+0.132%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2226−0.076%$2.9M$2.1M75xas long as short
Gate THETA_USDT+0.0100%8h0.2229+0.045%$372K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2230+0.090%$1.4M$589K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2231+0.135%$987K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2229+0.045%$1.3M$670K50xas long as short
BloFin THETA-USDT+0.0220%8h0.22280.000%$161K$186K75xas long as short