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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0566%/8h= +62.0% APRnext payment +$5.66 per $10,000 · paid last 24h +0.151%
Price spread now: Binance against Variational Omni+0.362%7-day average +0.106% · you sell dearer than you buy
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)+0.258%+$26 on $10k
Price spread, last 4 days (all we have)−0.459%−$46 · spread now +0.362%, 7d avg +0.106%
Together, before fees−0.202%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.255% dearer against Variational Omni than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni THETA0.2199−0.0466get 0.0466% / 8h5h 28m$288K$63K
ShortBinance THETAUSDT0.22070.0100get 0.0100% / 8h5h 28m$3.1M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$118.85
Price spread: +0.362% → +0.106%
$25.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$134.4
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Binance: live order book, 3 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 Variational Omni RFQ quote, 19 min ago9.02 bpdoesn't fit81.2 bp −$812doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.27 bp23.4 bp −$2374.7 bp −$747448.3 bp −$44.8Kdoesn't fit

THETA on 13 exchanges

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−0.0512%1h0.2209+0.417%$79K$68K20xas long as short
Variational Omni THETAlong−0.0466%8h0.2199long leg$288K$63K
Injective THETA/USDC PERP+0.0033%1h0.2136−2.886%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2209+0.415%$16K$19K5xas long as short
Binance THETAUSDTshort+0.0100%8h0.2207+0.362%$3.1M$5.8M75x
Bybit THETAUSDT+0.0100%8h0.2204+0.205%$3.0M$2.9M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2206+0.296%$608K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2206+0.296%$373K$140K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2207+0.342%$1.3M$522K100xas long as short
KuCoin THETAUSDTM+0.0100%8h0.2206+0.296%$1.0M$411K50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDT+0.0100%8h0.2207+0.342%$1.2M$876K50xas long as short
BingX THETA-USDT+0.0100%8h0.2208+0.387%$2.4Mas long as short
BloFin THETA-USDT+0.0220%8h0.2206+0.296%$154K$171K75xas long as short