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

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0834%/8h= −91.3% APRnext payment $8.34 per $10,000 · paid last 24h −0.096%
Price spread now: Variational Omni against Gate+0.018%7-day average −0.075% · 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 3 days (all we have)−0.162%−$16 on $10k
Price spread, last 3 days (all we have)+0.237%+$24 · spread now +0.018%, 7d avg −0.075%
Together, before fees+0.075%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.093% dearer against Gate than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.075%): +$9 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 3 days (−0.162% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.162% in total (about -18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $8.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THETA_USDT0.22400.0100pay 0.0100% / 8h2h 11m$375K$139K50x
ShortVariational Omni THETA0.2240−0.0734pay 0.0734% / 8h2h 11m$292K$74K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$175.14
Price spread: +0.018% → −0.075%
$9.28
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$180.86
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 9 min ago; Variational Omni: RFQ quote, 13 min ago. 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 Gate live order book, 9 min ago6.70 bp89.7 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 13 min ago8.93 bpdoesn't fit53.5 bp −$535doesn'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 THETAshort−0.0734%8h0.2240+0.018%$292K$74K
Kraken Futures PF_THETAUSD−0.0342%1h0.2240−0.012%$82K$58K20xas long as short
OKX THETA-USDT-SWAP−0.0083%8h0.2236−0.179%$648K$1.3M20xas long as short
BingX THETA-USDT−0.0074%8h0.2239−0.045%$2.4Mas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.643%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2241+0.037%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.2239−0.045%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2235−0.223%$2.9M$2.0M75xas long as short
Gate THETA_USDTlong+0.0100%8h0.2240long leg$375K$139K50x
MEXC THETA_USDT+0.0100%8h0.2238−0.089%$1.4M$601K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2241+0.045%$978K$116K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2241+0.045%$1.3M$677K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2242+0.089%$162K$192K75xas long as short