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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Binance−0.018%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.018%, 7d avg −0.022%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance THETAUSDT0.22090.0100pay 0.0100% / 8h5h 06m$3.1M$5.8M75x
ShortOKX THETA-USDT-SWAP0.22090.0100get 0.0100% / 8h5h 06m$611K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
$0
Price spread: −0.018% → −0.022%
$0.42
Slippage, 4 orders
−$94.92
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$114.5
Costs to cover
1.149%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago2.26 bp19.0 bp −$1981.4 bp −$8144238.5 bp −$423.9Kdoesn't fit
Sell OKX live order book, 4 min ago2.26 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit

THETA on 13 exchanges

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−0.0512%1h0.2211+0.062%$79K$68K20xas long as short
Variational Omni THETA−0.0441%8h0.2204−0.224%$289K$63Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.322%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2210+0.027%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2213+0.161%$16K$19K5xas long as short
Binance THETAUSDTlong+0.0100%8h0.2209long leg$3.1M$5.8M75x
Bybit THETAUSDT+0.0100%8h0.2207−0.109%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAPshort+0.0100%8h0.2209−0.018%$611K$1.3M20x
Gate THETA_USDT+0.0100%8h0.2212+0.118%$375K$140K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2210+0.027%$1.3M$525K100xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2209−0.018%$1.0M$410K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2210+0.027%$1.2M$882K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2210+0.027%$153K$171K75xas long as short