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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Aster−3.856%47s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.856% cheaper against Aster than usual: you would sell low and buy high (−$386 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster THETAUSDT0.22220.0100pay 0.0100% / 8h38m 36s$16K$19K5x
ShortInjective THETA/USDC PERP0.21360.0033get 0.0004% / 1h38m 36s$208$25K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
−$14
Price spread: −3.856% → 0.000%
−$385.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$407.62
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample
Sell Injective no order-book sample
Aster and Injective: 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_THETAUSD−0.0284%1h0.2223+0.066%$80K$71K20xas long as short
Variational Omni THETA−0.0213%8h0.2222−0.005%$290K$74Kas long as short
Injective THETA/USDC PERPshort+0.0033%1h0.2136−3.856%$208$25K5.5x
Aster THETAUSDTlong+0.0100%8h0.2222long leg$16K$19K5x
Binance THETAUSDT+0.0100%8h0.2221−0.030%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2217−0.201%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2220−0.075%$618K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.2222+0.015%$372K$156K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2222+0.015%$1.4M$572K100xas long as short
KuCoin THETAUSDTM+0.0100%8h0.2223+0.060%$1.0M$418K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDT+0.0100%8h0.2221−0.030%$1.2M$872K50xas long as short
BingX THETA-USDT+0.0100%8h0.2220−0.075%$2.5Mas long as short
BloFin THETA-USDT+0.0220%8h0.2223+0.060%$154K$193K75xas long as short