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Funding arb · Price arb /

THETA

all THETA markets
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Alert: funding
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Alert: spread
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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: MEXC against Variational Omni+0.446%7-day average +0.096% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.222%+$22 on $10k
Price spread, last 4 days (all we have)−0.570%−$57 · spread now +0.446%, 7d avg +0.096%
Together, before fees−0.348%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.350% dearer against Variational Omni than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni THETA0.2217−0.0199get 0.0199% / 8h2h 19m$290K$74K—
ShortMEXC THETA_USDT0.22270.0100get 0.0100% / 8h2h 19m$1.3M$584K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$62.78
Price spread: +0.446% → +0.096%
$35.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$93.79
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; MEXC: live order book, 1 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, 29 min ago8.87 bpdoesn't fit84.3 bp −$843doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.25 bp10.2 bp −$1036.3 bp −$363175.0 bp −$17.5Kdoesn'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−0.0410%1h0.2228+0.469%$88K$64K20xas long as short
Variational Omni THETAlong−0.0199%8h0.2217long leg$290K$74K—
Injective THETA/USDC PERP+0.0033%1h0.2136−3.658%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2227+0.446%—$2.5M—as long as short
Aster THETAUSDT+0.0100%8h0.2228+0.511%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2228+0.469%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2225+0.360%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2227+0.446%$623K$1.5M20xas long as short
Gate THETA_USDT+0.0100%8h0.2226+0.401%$373K$165K50xas long as short
MEXC THETA_USDTshort+0.0100%8h0.2227+0.446%$1.3M$584K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2226+0.401%$1.0M$417K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2228+0.491%$1.2M$874K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2218+0.040%$155K$191K75xas long as short