Funding you earn now, next payment 08:00 UTC+0.0315%/8h= +34.5% APRnext payment +$3.15 per $10,000 · paid last 24h +0.148%
Price spread now: Bybit against Variational Omni−0.053%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.053%, 7d avg +0.009%
=Together, before fees+0.119%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.062% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.009%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni THETA | 0.2257 | −0.0215 | get 0.0215% / 8h | 2h 52m | $295K | $74K | — |
| Short | Bybit THETAUSDT | 0.2256 | 0.0100 | get 0.0100% / 8h | 2h 52m | $3.1M | $2.5M | 75x |
Variational Omni THETA
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.24
- Price spread: −0.053% → +0.009%
- −$6.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $49.03
- Costs to cover
- 0.110%
- Break-even
- 1.8 days
Slippage unknown: Variational Omni: RFQ quote, 62 min ago; Bybit: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 62 min ago | 8.89 bp | doesn't fit | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.21 bp | 29.0 bp −$29 | 83.1 bp −$831 | doesn't fit | doesn't fit |
THETA on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSD | −0.0405% | 1h | 0.2258 | +0.049% | $89K | $54K | 20x | as long as short |
| Variational Omni THETAlong | −0.0215% | 8h | 0.2257 | long leg | $295K | $74K | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.366% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2257 | −0.005% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2257 | −0.013% | $16K | $18K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2258 | +0.018% | $3.2M | $5.9M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2256 | −0.053% | $3.1M | $2.5M | 75x | |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2255 | −0.093% | $631K | $1.5M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2257 | −0.005% | $381K | $158K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2258 | +0.040% | $1.3M | $579K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2257 | −0.005% | $1.0M | $406K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2260 | +0.128% | $1.3M | $823K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2259 | +0.084% | $163K | $193K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT