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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Bitget+0.045%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days−0.035%−$4 · spread now +0.045%, 7d avg −0.016%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.061% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THETAUSDT0.22280.0100pay 0.0100% / 8h7h 21m$1.2M$894K50x
ShortOKX THETA-USDT-SWAP0.22290.0100get 0.0100% / 8h7h 21m$625K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$0
Price spread: +0.045% → −0.016%
$6.11
Slippage, 4 orders
−$106.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$122.86
Costs to cover
1.290%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago4.53 bp21.8 bp −$2280.4 bp −$804doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.27 bp42.1 bp −$42doesn't fitdoesn'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 THETA−0.0320%8h0.2202−1.186%$288K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0148%1h0.2229+0.054%$80K$70K20xas long as short
BingX THETA-USDT+0.0018%8h0.22280.000%$2.5Mas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.129%$208$25K5.5xas long as short
Bybit THETAUSDT+0.0068%8h0.2227−0.049%$3.0M$2.8M75xas long as short
Aster THETAUSDT+0.0100%8h0.2229+0.044%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2229+0.050%$3.1M$6.2M75xas long as short
OKX THETA-USDT-SWAPshort+0.0100%8h0.2229+0.045%$625K$1.4M20x
Gate THETA_USDT+0.0100%8h0.2229+0.045%$373K$152K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2229+0.045%$1.4M$563K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2229+0.045%$1.0M$418K50xas long as short
Bitget THETAUSDTlong+0.0100%8h0.2228long leg$1.2M$894K50x
BloFin THETA-USDT+0.0220%8h0.2220−0.359%$155K$195K75xas long as short