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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0611%/8h= +67.0% APRpaid last 24h +0.079%
Price spread now: Aster against Kraken Futures+0.077%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Aster is 0.077% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_THETAUSD0.2211−0.0511get 0.0064% / 1h7m 46s$79K$68K20x
ShortAster THETAUSDT0.22130.0100get 0.0100% / 8h5h 07m$16K$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$128.41
Price spread: +0.077% → 0.000%
$7.66
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$118.07
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and Aster: 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 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_THETAUSDlong−0.0511%1h0.2211long leg$79K$68K20x
Variational Omni THETA−0.0441%8h0.2204−0.308%$289K$63Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.403%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2208−0.147%$2.4Mas long as short
Aster THETAUSDTshort+0.0100%8h0.2213+0.077%$16K$19K5x
Binance THETAUSDT+0.0100%8h0.2210−0.080%$3.1M$5.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2207−0.193%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2209−0.102%$611K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.2212+0.033%$375K$140K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2210−0.057%$1.3M$525K100xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2209−0.102%$1.0M$410K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2210−0.057%$1.2M$882K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2211−0.012%$153K$171K75xas long as short