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

THETA

all THETA markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h −0.191%
Price spread now: Variational Omni against Kraken Futures−0.223%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Kraken FuturesShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.223% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.223% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 2.5 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_THETAUSD0.2241−0.1005get 0.0126% / 1h48m 42s$82K$58K20x
ShortVariational Omni THETA0.2236−0.0703pay 0.0703% / 8h1h 48m$292K$74K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$63.6
Price spread: −0.223% → 0.000%
−$22.26
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$31.34
Costs to cover
0.100%
Break-even
3.6 days
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 35 min ago. 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 Variational Omni RFQ quote, 35 min ago8.93 bpdoesn't fit53.5 bp −$535doesn't fitdoesn't fit
Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_THETAUSDlong−0.1005%1h0.2241long leg$82K$58K20x
Variational Omni THETAshort−0.0703%8h0.2236−0.223%$292K$74K—
BingX THETA-USDT−0.0088%8h0.2235−0.281%—$2.4M—as long as short
OKX THETA-USDT-SWAP−0.0084%8h0.2235−0.281%$657K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.698%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2236−0.223%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2239−0.103%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2235−0.281%$2.9M$2.0M75xas long as short
Gate THETA_USDT+0.0100%8h0.2239−0.103%$374K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2237−0.192%$1.4M$583K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2240−0.058%$991K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2239−0.103%$1.3M$681K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2239−0.103%$161K$190K75xas long as short