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: Bitget against KuCoin−0.134%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.134%, 7d avg +0.021%
Together, before fees+0.025%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.155% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin THETAUSDTM0.22360.0100pay 0.0100% / 8h1h 46m$989K$122K50x
ShortBitget THETAUSDT0.22330.0100get 0.0100% / 8h1h 46m$1.3M$681K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.134% → +0.021%
−$15.5
Slippage, 4 orders
−$135.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$174.82
Costs to cover
1.593%
Break-even
never at this rate
Slippage from KuCoin: live order book, 28 min ago; Bitget: live order book, 5 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 KuCoin live order book, 28 min ago11.14 bp65.1 bp −$65137.9 bp −$1,379doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.47 bp22.1 bp −$2265.2 bp −$652doesn'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−0.1006%1h0.2240+0.165%$82K$58K20xas long as short
Variational Omni THETA−0.0703%8h0.2236+0.014%$292K$74Kas long as short
BingX THETA-USDT−0.0082%8h0.2232−0.179%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0079%8h0.2231−0.224%$656K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.472%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2235−0.043%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2234−0.089%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2233−0.134%$2.9M$2.0M75xas long as short
Gate THETA_USDT+0.0100%8h0.22360.000%$373K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2235−0.045%$1.4M$584K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMlong+0.0100%8h0.2236long leg$989K$122K50x
Bitget THETAUSDTshort+0.0100%8h0.2233−0.134%$1.3M$681K50x
BloFin THETA-USDT+0.0220%8h0.2231−0.224%$161K$190K75xas long as short