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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.089%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$710.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days−0.116%−$12 · spread now +0.089%, 7d avg −0.003%
Together, before fees−0.154%−$15 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 0.092% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC THETA_USDT0.22570.0100pay 0.0100% / 8h5h 05m$1.4M$561K100x
ShortBitget THETAUSDT0.22590.0100get 0.0100% / 8h5h 05m$1.3M$613K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: +0.089% → −0.003%
$9.16
Slippage, 4 orders
−$54.86
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$61.7
Costs to cover
0.709%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 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 MEXC live order book, 1 min ago2.21 bp10.0 bp −$1033.5 bp −$335176.1 bp −$17.6Kdoesn't fit
Sell Bitget live order book, 1 min ago2.21 bp24.9 bp −$2586.2 bp −$862doesn'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−0.0473%1h0.2260+0.154%$82K$55K20xas long as short
Variational Omni THETA−0.0212%8h0.2256−0.064%$295K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−5.361%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2259+0.089%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2260+0.145%$8K$4K5xas long as short
Binance THETAUSDT+0.0100%8h0.2257−0.010%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2255−0.102%$3.1M$2.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2255−0.089%$641K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2259+0.089%$393K$130K50xas long as short
MEXC THETA_USDTlong+0.0100%8h0.2257long leg$1.4M$561K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.22570.000%$1.1M$305K50xas long as short
Bitget THETAUSDTshort+0.0100%8h0.2259+0.089%$1.3M$613K50x
BloFin THETA-USDT+0.0220%8h0.2270+0.576%$162K$172K75xas long as short