THETA

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0385%/8h= −42.2% APRnext payment −$3.85 per $10,000 · paid last 24h −0.151%

Price spread now: Variational Omni against Binance+0.142%7-day average −0.103% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.258%−$26 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.142%, 7d avg −0.103%

Together, before fees−0.180%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.245% dearer against Binance than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of −0.103%): +$25 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance THETAUSDT	0.2212	0.0100	pay 0.0100% / 8h	7h 33m	$3.1M	$6.2M	75x
Short	Variational Omni THETA	0.2215	−0.0285	pay 0.0285% / 8h	7h 33m	$290K	$74K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now +0.142%Rate

Funding earned: −$80.92
Price spread: +0.142% → −0.103%: $24.51
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$66.41
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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 Binance live order book, 5 min ago	4.50 bp	19.1 bp −$19	84.7 bp −$847	4632.7 bp −$463.3K	doesn't fit
Sell Variational Omni RFQ quote, just now	6.77 bp	doesn't fit	42.9 bp −$429	doesn't fit	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 THETAshort	−0.0285%	8h	0.2215	+0.142%	$290K	$74K	—
Kraken Futures PF_THETAUSD	−0.0149%	1h	0.2221	+0.402%	$80K	$70K	20x	as long as short
Bybit THETAUSDT	−0.0051%	8h	0.2208	−0.181%	$3.0M	$2.8M	75x	as long as short
Injective THETA/USDC PERP	+0.0033%	1h	0.2136	−3.436%	$208	$25K	5.5x	as long as short
BingX THETA-USDT	+0.0070%	8h	0.2210	−0.090%	—	$2.5M	—	as long as short
Aster THETAUSDT	+0.0100%	8h	0.2214	+0.103%	$16K	$19K	5x	as long as short
Binance THETAUSDTlong	+0.0100%	8h	0.2212	long leg	$3.1M	$6.2M	75x
OKX THETA-USDT-SWAP	+0.0100%	8h	0.2208	−0.181%	$617K	$1.4M	20x	as long as short
Gate THETA_USDT	+0.0100%	8h	0.2213	+0.045%	$371K	$151K	50x	as long as short
MEXC THETA_USDT	+0.0100%	8h	0.2210	−0.090%	$1.4M	$562K	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	0.2209	−0.136%	$1.0M	$418K	50x	as long as short
Bitget THETAUSDT	+0.0100%	8h	0.2212	0.000%	$1.2M	$878K	50x	as long as short
BloFin THETA-USDT	+0.0220%	8h	0.2219	+0.316%	$155K	$194K	75x	as long as short