Funding you earn now, next payment 00:00 UTC−0.0825%/8h= −90.3% APRnext payment −$8.25 per $10,000 · paid last 24h −0.096%
Price spread now: Variational Omni against Bybit+0.199%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.162%−$16 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now +0.199%, 7d avg −0.005%
=Together, before fees−0.163%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.205% dearer against Bybit than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of −0.005%): +$20 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 3 days (−0.162% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.162% in total (about -18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2230 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $2.9M | $2.0M | 75x |
| Short | Variational Omni THETA | 0.2235 | −0.0725 | pay 0.0725% / 8h | 2h 07m | $292K | $74K | — |
Bybit THETAUSDT
Variational Omni THETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$173.24
- Price spread: +0.199% → −0.005%
- $20.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$163.78
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 10 min ago; Variational Omni: RFQ quote, 17 min ago. Net counts fees only.
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 Bybit live order book, 10 min ago | 4.46 bp | 22.1 bp −$22 | 80.2 bp −$802 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 17 min ago | 8.93 bp | doesn't fit | 53.5 bp −$535 | doesn't fit | doesn't fit |
THETA on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETAshort | −0.0725% | 8h | 0.2235 | +0.199% | $292K | $74K | — | |
| Kraken Futures PF_THETAUSD | −0.0343% | 1h | 0.2234 | +0.150% | $81K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0094% | 8h | 0.2229 | −0.067% | $645K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0074% | 8h | 0.2232 | +0.067% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.237% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2234 | +0.161% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2232 | +0.067% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2230 | long leg | $2.9M | $2.0M | 75x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2234 | +0.157% | $374K | $139K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2232 | +0.067% | $1.4M | $601K | 100x | as long as short |
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Gate THETA_USDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2235 | +0.202% | $976K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2237 | +0.291% | $1.3M | $679K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2234 | +0.157% | $162K | $191K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT