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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.067%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.067%, 7d avg +0.061%
Together, before fees−0.134%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit THETAUSDT0.22280.0100pay 0.0100% / 8h1h 14m$2.9M$2.1M75x
ShortGate THETA_USDT0.22290.0100get 0.0100% / 8h1h 14m$372K$139K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.067% → +0.061%
$0.59
Slippage, 4 orders
−$138.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$163.43
Costs to cover
1.640%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 1 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, 3 min ago2.25 bp25.2 bp −$2573.8 bp −$738doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.48 bp64.2 bp −$64doesn'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
Kraken Futures PF_THETAUSD−0.1010%1h0.2232+0.212%$81K$58K20xas long as short
Variational Omni THETA−0.0620%8h0.2225−0.125%$291K$74Kas long as short
BingX THETA-USDT−0.0068%8h0.2231+0.157%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0063%8h0.2229+0.067%$662K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.108%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2231+0.163%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2231+0.180%$3.2M$4.8M75xas long as short
Bybit THETAUSDTlong+0.0100%8h0.2228long leg$2.9M$2.1M75x
Gate THETA_USDTshort+0.0100%8h0.2229+0.067%$372K$139K50x
MEXC THETA_USDT+0.0100%8h0.2232+0.202%$1.4M$587K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2231+0.157%$987K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2231+0.157%$1.3M$670K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2231+0.157%$161K$187K75xas long as short