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

THETA

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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 +0.008%
Price spread now: Gate against OKX0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg +0.026%
Together, before fees+0.053%+$5 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: Gate is 0.026% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX THETA-USDT-SWAP0.22480.0100pay 0.0100% / 8h5h 53m$652K$1.3M20x
ShortGate THETA_USDT0.22480.0100get 0.0100% / 8h5h 53m$382K$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → +0.026%
−$2.59
Slippage, 4 orders
−$170.36
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$197.95
Costs to cover
1.954%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 7 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, 3 min ago2.22 bp30.6 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 7 min ago4.46 bp62.9 bp −$63doesn't fitdoesn't fitdoesn't fit

THETA on 12 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−0.0475%1h0.2251+0.119%$82K$55K20xas long as short
Variational Omni THETA−0.0285%8h0.2253+0.228%$292K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.982%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.22480.000%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2246−0.089%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2249+0.028%$3.2M$4.7M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2246−0.089%$3.0M$2.0M75xas long as short
OKX THETA-USDT-SWAPlong+0.0100%8h0.2248long leg$652K$1.3M20x
Gate THETA_USDTshort+0.0100%8h0.22480.000%$382K$120K50x
MEXC THETA_USDT+0.0100%8h0.22480.000%$1.4M$543K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2246−0.089%$1.1M$290K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2251+0.133%$1.3M$603K50xas long as short