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 16:00 UTC+0.0117%/8h= +12.8% APRnext payment +$1.17 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.165%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.165% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit THETAUSDT0.2222−0.0017get 0.0017% / 8h6h 55m$3.0M$2.8M75x
ShortAster THETAUSDT0.22260.0100get 0.0100% / 8h6h 55m$16K$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$24.5
Price spread: +0.165% → 0.000%
$16.47
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$21.97
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: Bybit: live order book, 1 min ago; Aster: no order-book sample. 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 Bybit live order book, 1 min ago4.48 bp17.3 bp −$1796.7 bp −$967doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0372%8h0.2228+0.237%$291K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0300%1h0.2233+0.465%$80K$70K20xas long as short
Bybit THETAUSDTlong−0.0017%8h0.2222long leg$3.0M$2.8M75x
BingX THETA-USDT+0.0002%8h0.2225+0.121%$2.4Mas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.883%$208$25K5.5xas long as short
Aster THETAUSDTshort+0.0100%8h0.2226+0.165%$16K$19K5x
Binance THETAUSDT+0.0100%8h0.2225+0.119%$3.1M$6.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2223+0.031%$621K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.2229+0.301%$377K$145K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2228+0.256%$1.4M$515K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2229+0.301%$1.0M$414K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2233+0.481%$1.2M$909K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2231+0.391%$154K$183K75xas long as short