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 −0.004%
Price spread now: BingX against OKX0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1261.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 7 days−0.036%−$4 · spread now 0.000%, 7d avg −0.004%
Together, before fees−0.093%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX THETA-USDT-SWAP0.22170.0100pay 0.0100% / 8h36m 13s$617K$1.4M20x
ShortBingX THETA-USDT0.22170.0100get 0.0100% / 8h36m 13s$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: 0.000% → −0.004%
$0.44
Slippage, 4 orders
−$106.45
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126.02
Costs to cover
1.265%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 13 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 OKX live order book, 5 min ago2.25 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.25 bp18.2 bp −$1851.9 bp −$519320.0 bp −$32.0K494.7 bp −$247.4K

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−0.0284%1h0.2219+0.085%$79K$71K20xas long as short
Variational Omni THETA−0.0213%8h0.2222+0.206%$290K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.654%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2218+0.056%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2218+0.045%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2214−0.135%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAPlong+0.0100%8h0.2217long leg$617K$1.4M20x
Gate THETA_USDT+0.0100%8h0.2218+0.045%$371K$156K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2219+0.090%$1.4M$572K100xas long as short
KuCoin THETAUSDTM+0.0100%8h0.2216−0.045%$1.0M$418K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDT+0.0100%8h0.2219+0.090%$1.2M$873K50xas long as short
BingX THETA-USDTshort+0.0100%8h0.22170.000%$2.5M
BloFin THETA-USDT+0.0220%8h0.2224+0.316%$154K$193K75xas long as short