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: Bybit against Gate−0.089%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2192.189% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.089%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THETA_USDT | 0.2238 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $374K | $139K | 50x |
| Short | Bybit THETAUSDT | 0.2236 | 0.0100 | get 0.0100% / 8h | 2h 10m | $2.9M | $2.0M | 75x |
Gate THETA_USDT
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.089% → −0.061%
- −$2.82
- Slippage, 4 orders
- −$192.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$221.73
- Costs to cover
- 2.189%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; Bybit: live order book, 7 min ago.
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 Gate live order book, 10 min ago | 6.70 bp | 89.7 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 4.46 bp | 24.5 bp −$25 | 80.2 bp −$802 | 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 THETA | −0.0725% | 8h | 0.2235 | −0.137% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0342% | 1h | 0.2241 | +0.137% | $82K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0084% | 8h | 0.2237 | −0.045% | $648K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0074% | 8h | 0.2238 | 0.000% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.558% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2239 | +0.062% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2239 | +0.036% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2236 | −0.089% | $2.9M | $2.0M | 75x | |
| Gate THETA_USDTlong | +0.0100% | 8h | 0.2238 | long leg | $374K | $139K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2239 | +0.045% | $1.4M | $601K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2240 | +0.089% | $978K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2240 | +0.089% | $1.3M | $679K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2242 | +0.179% | $162K | $192K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT