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 12:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+2.856%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 +$2 a day on $10k at the current rate, and KuCoin is 2.856% dearer against Injective than usual: you sell high and buy low: +$286 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% / 1h44m 32s$208$25K5.5x
ShortKuCoin THETAUSDTM0.21970.0100get 0.0100% / 8h4h 44m$1.0M$414K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$14
Price spread: +2.856% → 0.000%
$285.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$287.56
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago9.11 bp71.9 bp −$72157.1 bp −$1,571doesn't fitdoesn'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 exchanges

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−0.0432%8h0.2191+2.596%$287K$62Kas long as short
Kraken Futures PF_THETAUSD−0.0157%1h0.2199+2.937%$79K$68K20xas long as short
Injective THETA/USDC PERPlong+0.0033%1h0.2136long leg$208$25K5.5x
BingX THETA-USDT+0.0070%8h0.2200+2.996%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2201+3.032%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2199+2.964%$3.1M$5.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2196+2.809%$2.9M$2.9M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2198+2.903%$607K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2199+2.949%$374K$140K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2200+2.996%$1.3M$515K100xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMshort+0.0100%8h0.2197+2.856%$1.0M$414K50x
Bitget THETAUSDT+0.0100%8h0.2200+2.996%$1.2M$883K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2197+2.856%$153K$171K75xas long as short