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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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Funding you earn now, next payment 03:00 UTC−0.0574%/8h= −62.8% APRpaid last 24h +0.045%
Price spread now: Kraken Futures against Aster+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on AsterShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.041% dearer against Aster than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster THETAUSDT0.22540.0100pay 0.0100% / 8h5h 04m$8K$4K5x
ShortKraken Futures PF_THETAUSD0.2255−0.0474pay 0.0059% / 1h4m 38s$82K$55K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$120.48
Price spread: +0.041% → 0.000%
$4.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$134.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample—————
Sell Kraken Futures no order-book sample—————
Aster and 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−0.0474%1h0.2255+0.041%$82K$55K20x
Variational Omni THETA−0.0212%8h0.2256+0.069%$295K$74K—as long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−5.235%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2256+0.089%—$2.4M—as long as short
Aster THETAUSDTlong+0.0100%8h0.2254long leg$8K$4K5x
Binance THETAUSDT+0.0100%8h0.2256+0.094%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.22540.000%$3.1M$2.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2255+0.044%$640K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2257+0.133%$393K$130K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2256+0.089%$1.4M$564K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2255+0.044%$1.1M$308K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2256+0.089%$1.3M$614K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2255+0.044%$161K$170K75xas long as short