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 08:00 UTC−0.0310%/8h= −34.0% APRnext payment $3.10 per $10,000 · paid last 24h −0.140%
Price spread now: Variational Omni against OKX−0.174%7-day average −0.050% · you buy dearer than you sell
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)−0.214%−$21 on $10k
Price spread, last 4 days (all we have)+0.356%+$36 · spread now −0.174%, 7d avg −0.050%
Together, before fees+0.142%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.124% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX THETA-USDT-SWAP0.22230.0100pay 0.0100% / 8h1h 48m$620K$1.5M20x
ShortVariational Omni THETA0.2219−0.0210pay 0.0210% / 8h1h 48m$290K$74K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$65.19
Price spread: −0.174% → −0.050%
−$12.42
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$87.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 60 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 OKX live order book, 3 min ago2.25 bp29.6 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 60 min ago8.87 bpdoesn't fit66.5 bp −$665doesn'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−0.0665%1h0.2224+0.027%$88K$64K20xas long as short
Variational Omni THETAshort−0.0210%8h0.2219−0.174%$290K$74K
Injective THETA/USDC PERP+0.0033%1h0.2136−3.914%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2221−0.090%$2.5Mas long as short
Aster THETAUSDT+0.0100%8h0.2225+0.073%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2224+0.045%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2221−0.072%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAPlong+0.0100%8h0.2223long leg$620K$1.5M20x
Gate THETA_USDT+0.0100%8h0.2224+0.045%$372K$158K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2224+0.045%$1.4M$590K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.22230.000%$1.0M$419K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2225+0.090%$1.2M$867K50xas long as short
BloFin THETA-USDT+0.0220%8h0.22230.000%$156K$192K75xas long as short