Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average—if it closes, per $10,000$11funding while held, a day−$15.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance THETAUSDT | 0.2225 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $3.2M | $4.8M | 75x |
| Short | Kraken Futures PF_THETAUSD | 0.2227 | −0.0431 | pay 0.0054% / 1h | 8m 55s | $81K | $58K | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.91
- Funding while held
- −$15.94
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$25.03
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, just now; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0531%
- Per $10,000 a day
- −$15.94
- Average in range /8h
- —
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 Binance live order book, just now | 2.25 bp | 21.6 bp −$22 | 79.7 bp −$797 | 3636.9 bp −$363.7K | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.THETA on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective THETA/USDC PERP | −4.000% | +0.0033% | 1h | $208 | $25K | 5.5x | as long as short |
| Variational Omni THETA | −0.491% | −0.0669% | 8h | $230K | $14K | — | as long as short |
| Bybit THETAUSDT | −0.135% | +0.0100% | 8h | $2.9M | $1.9M | 75x | as long as short |
| Gate THETA_USDT | −0.135% | +0.0100% | 8h | $372K | $145K | 50x | as long as short |
| OKX THETA-USDT-SWAP | −0.090% | +0.0100% | 8h | $625K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.090% | +0.0070% | 8h | — | $2.4M | — | as long as short |
| BloFin THETA-USDT | −0.090% | +0.0220% | 8h | $165K | $180K | 75x | as long as short |
| Binance THETAUSDTlong | 0.000% | +0.0100% | 8h | $3.2M | $4.8M | 75x | |
| MEXC THETA_USDT | 0.000% | +0.0100% | 8h | $1.3M | $613K | 100x | as long as short |
| Bitget THETAUSDT | 0.000% | +0.0100% | 8h | $1.4M | $656K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster THETAUSDT | +0.001% | +0.0100% | 8h | $8K | $5K | 5x | as long as short |
| KuCoin THETAUSDTM | +0.045% | +0.0100% | 8h | $921K | $96K | 50x | as long as short |
| Kraken Futures PF_THETAUSDshort | +0.109% | −0.0431% | 1h | $81K | $58K | 20x |
Binance THETAUSDT
Kraken Futures PF_THETAUSD
Injective
Variational Omni
Bybit
Gate
OKX
BingX
BloFin
MEXC
Bitget
Aster
KuCoin