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

THETA

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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 0.000%
Price spread now: Gate against Bitget0.000%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now 0.000%, 7d avg −0.031%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.031% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THETAUSDT0.22370.0100pay 0.0100% / 8h7h 13m$1.2M$901K50x
ShortGate THETA_USDT0.22370.0100get 0.0100% / 8h7h 13m$376K$153K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: 0.000% → −0.031%
$3.14
Slippage, 4 orders
−$172.3
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$196.16
Costs to cover
1.993%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 17 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 Bitget live order book, 3 min ago2.24 bp14.9 bp −$1566.4 bp −$664doesn't fitdoesn't fit
Sell Gate live order book, 17 min ago6.81 bp93.5 bp −$94doesn't fitdoesn't fitdoesn't fit

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
Variational Omni THETA−0.0325%8h0.2232−0.238%$292K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0148%1h0.2239+0.101%$80K$70K20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.515%$208$25K5.5xas long as short
BingX THETA-USDT+0.0048%8h0.2235−0.089%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2235−0.107%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2235−0.089%$3.1M$6.1M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2233−0.179%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2234−0.134%$626K$1.4M20xas long as short
Gate THETA_USDTshort+0.0100%8h0.22370.000%$376K$153K50x
MEXC THETA_USDT+0.0100%8h0.2235−0.089%$1.4M$563K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2234−0.134%$1.0M$415K50xas long as short
Bitget THETAUSDTlong+0.0100%8h0.2237long leg$1.2M$901K50x
BloFin THETA-USDT+0.0220%8h0.2234−0.134%$154K$196K75xas long as short