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

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.135%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$900.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.135%, 7d avg +0.087%
Together, before fees−0.049%−$5 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: Bitget is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit THETAUSDT0.22300.0100pay 0.0100% / 8h6h 48m$2.9M$2.0M75x
ShortBitget THETAUSDT0.22330.0100get 0.0100% / 8h6h 48m$1.3M$606K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.135% → +0.087%
$4.75
Slippage, 4 orders
−$66.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$85.09
Costs to cover
0.898%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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 Bybit live order book, 4 min ago4.49 bp21.9 bp −$22136.8 bp −$1,368doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.48 bp26.6 bp −$27103.3 bp −$1,033doesn'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−0.0395%8h0.2227−0.150%$291K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.215%$208$25K5.5xas long as short
BingX THETA-USDT+0.0058%8h0.2231+0.045%$2.4Mas long as short
OKX THETA-USDT-SWAP+0.0090%8h0.22300.000%$658K$1.3M20xas long as short
Aster THETAUSDT+0.0100%8h0.2233+0.147%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2233+0.135%$3.1M$4.8M75xas long as short
Bybit THETAUSDTlong+0.0100%8h0.2230long leg$2.9M$2.0M75x
Gate THETA_USDT+0.0100%8h0.2231+0.045%$381K$120K50xas long as short
MEXC THETA_USDT+0.0100%8h0.22300.000%$1.4M$569K100xas long as short
KuCoin THETAUSDTM+0.0100%8h0.2234+0.179%$1.2M$231K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDTshort+0.0100%8h0.2233+0.135%$1.3M$606K50x
BloFin THETA-USDT+0.0220%8h0.2236+0.269%$159K$175K75xas long as short
Kraken Futures PF_THETAUSD+0.0432%1h0.2231+0.030%$81K$55K20xas long as short