Funding you earn now, next payment 00:00 UTC+0.0911%/8h= +99.7% APRnext payment +$9.11 per $10,000 · paid last 24h +0.096%
Price spread now: Binance against Variational Omni+0.226%7-day average +0.097% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.162%+$16 on $10k
+Price spread, last 3 days (all we have)−0.445%−$45 · spread now +0.226%, 7d avg +0.097%
=Together, before fees−0.283%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Binance is 0.128% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.097%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.162% in total (about 18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni THETA | 0.2220 | −0.0811 | get 0.0811% / 8h | 2h 55m | $239K | $23K | — |
| Short | Binance THETAUSDT | 0.2225 | 0.0100 | get 0.0100% / 8h | 2h 55m | $3.2M | $4.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $191.29
- Price spread: +0.226% → +0.097%
- $12.85
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $194.14
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Binance: live order book, 12 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 Variational Omni RFQ quote, 33 min ago | 8.94 bp | doesn't fit | 102.9 bp −$1,029 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.48 bp | 17.2 bp −$17 | 57.3 bp −$573 | 378.2 bp −$37.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETAlong | −0.0811% | 8h | 0.2220 | long leg | $239K | $23K | — | |
| Kraken Futures PF_THETAUSD | −0.0345% | 1h | 0.2225 | +0.221% | $81K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0062% | 8h | 0.2221 | +0.046% | $639K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0054% | 8h | 0.2225 | +0.226% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.783% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2225 | +0.212% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDTshort | +0.0100% | 8h | 0.2225 | +0.226% | $3.2M | $4.7M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2223 | +0.136% | $2.8M | $1.9M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2221 | +0.046% | $372K | $137K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2226 | +0.271% | $1.5M | $594K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2223 | +0.136% | $955K | $111K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2225 | +0.226% | $1.4M | $662K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2223 | +0.136% | $162K | $190K | 75x | as long as short |
Variational Omni THETA
Binance THETAUSDT
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT