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Funding arb · Price arb /

THETA

all THETA markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h +0.137%
Price spread now: Kraken Futures against Variational Omni+0.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.114% dearer against Variational Omni than usual: you sell high and buy low (spread +0.114% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni THETA0.2213−0.0204get 0.0204% / 8h1h 29m$289K$74K—
ShortKraken Futures PF_THETAUSD0.2215−0.0667pay 0.0083% / 1h29m 00s$87K$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$97.38
Price spread: +0.114% → 0.000%
$11.39
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$95.99
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 15 min ago; Kraken Futures: no order-book sample. 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, 15 min ago9.01 bpdoesn't fit130.6 bp −$1,306doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample—————
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_THETAUSDshort−0.0667%1h0.2215+0.114%$87K$62K20x
Variational Omni THETAlong−0.0204%8h0.2213long leg$289K$74K—
Injective THETA/USDC PERP+0.0033%1h0.2136−3.463%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2215+0.108%—$2.5M—as long as short
Aster THETAUSDT+0.0100%8h0.2215+0.128%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2213+0.027%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2212−0.010%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2216+0.153%$617K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.2216+0.153%$371K$158K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2214+0.063%$1.4M$591K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2214+0.063%$1.0M$418K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2214+0.063%$1.2M$875K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2217+0.198%$155K$192K75xas long as short