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 05:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.042%
Price spread now: BloFin against Injective+5.524%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 5.524% dearer against Injective than usual: you sell high and buy low: +$552 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective THETA/USDC PERP0.21360.0033pay 0.0004% / 1h45m 52s$208$25K5.5x
ShortBloFin THETA-USDT0.22540.0220get 0.0220% / 8h3h 45m$158K$180K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$39.2
Price spread: +5.524% → 0.000%
$552.43
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$579.61
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 44 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 Injective no order-book sample
Sell BloFin live order book, 44 min ago2.20 bp26.9 bp −$2765.1 bp −$651254.6 bp −$25.5Kdoesn't fit
Injective: 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
Kraken Futures PF_THETAUSD−0.0596%1h0.2254+5.547%$82K$34K20xas long as short
Variational Omni THETA−0.0217%8h0.2249+5.272%$294K$74Kas long as short
Injective THETA/USDC PERPlong+0.0033%1h0.2136long leg$208$25K5.5x
BingX THETA-USDT+0.0070%8h0.2250+5.337%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2255+5.564%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.2254+5.524%$3.2M$4.9M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2249+5.295%$3.1M$2.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2252+5.431%$629K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2255+5.571%$381K$134K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2253+5.478%$1.4M$575K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2251+5.384%$1.1M$323K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2251+5.384%$1.2M$678K50xas long as short
BloFin THETA-USDTshort+0.0220%8h0.2254+5.524%$158K$180K75x