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

THETA

all THETA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0871%/8h= +95.4% APRnext payment +$8.71 per $10,000 · paid last 24h +0.096%
Price spread now: KuCoin against Variational Omni+0.249%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.162%+$16 on $10k
Price spread, last 3 days (all we have)−0.424%−$42 · spread now +0.249%, 7d avg +0.087%
Together, before fees−0.262%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and KuCoin is 0.162% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.087%.
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 18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni THETA0.2237−0.0771get 0.0771% / 8h2h 23m$280K$62K
ShortKuCoin THETAUSDTM0.22430.0100get 0.0100% / 8h2h 23m$979K$116K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$182.95
Price spread: +0.249% → +0.087%
$16.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$187.19
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; KuCoin: live order book, 60 min ago. 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 Variational Omni RFQ quote, 1 min ago8.93 bpdoesn't fit111.6 bp −$1,116doesn't fitdoesn't fit
Sell KuCoin live order book, 60 min ago6.73 bp48.4 bp −$48124.1 bp −$1,241doesn'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
Variational Omni THETAlong−0.0771%8h0.2237long leg$280K$62K
Kraken Futures PF_THETAUSD−0.0342%1h0.2244+0.284%$82K$58K20xas long as short
BingX THETA-USDT−0.0065%8h0.2241+0.160%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0057%8h0.2239+0.071%$646K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.533%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2243+0.240%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.2241+0.177%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2241+0.160%$2.9M$2.0M75xas long as short
Gate THETA_USDT+0.0100%8h0.2241+0.160%$375K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2242+0.205%$1.5M$598K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMshort+0.0100%8h0.2243+0.249%$979K$116K50x
Bitget THETAUSDT+0.0100%8h0.2242+0.205%$1.3M$677K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2238+0.026%$162K$191K75xas long as short