Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Gate against Injective+6.507%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 6.507% dearer against Injective than usual: you sell high and buy low: +$651 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective THETA/USDC PERP | 0.2136 | 0.0033 | pay 0.0004% / 1h | 10m 58s | $208 | $25K | 5.5x |
| Short | Gate THETA_USDT | 0.2275 | 0.0100 | get 0.0100% / 8h | 5h 10m | $397K | $129K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $14
- Price spread: +6.507% → 0.000%
- $650.75
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $649.73
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 50 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 50 min ago | 4.46 bp | 62.9 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSD | −0.0469% | 1h | 0.2277 | +6.619% | $83K | $55K | 20x | as long as short |
| Variational Omni THETA | −0.0224% | 8h | 0.2270 | +6.276% | $296K | $74K | — | as long as short |
| Injective THETA/USDC PERPlong | +0.0033% | 1h | 0.2136 | long leg | $208 | $25K | 5.5x | |
| BingX THETA-USDT | +0.0070% | 8h | 0.2275 | +6.507% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2273 | +6.433% | $8K | $4K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2276 | +6.554% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2275 | +6.507% | $3.1M | $2.1M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2276 | +6.554% | $647K | $1.3M | 20x | as long as short |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2275 | +6.507% | $397K | $129K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2276 | +6.554% | $1.5M | $559K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2273 | +6.414% | $1.1M | $305K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2275 | +6.507% | $1.3M | $615K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2275 | +6.507% | $162K | $172K | 75x | as long as short |
Injective THETA/USDC PERP
Gate THETA_USDT
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT