Funding you earn now, next payment 16:00 UTC−0.0575%/8h= −62.9% APRnext payment −$5.75 per $10,000 · paid last 24h −0.151%
Price spread now: Variational Omni against MEXC−0.025%7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.258%−$26 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.025%, 7d avg −0.097%
=Together, before fees−0.058%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.071% dearer against MEXC than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.097%): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 4 days (−0.258% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THETA_USDT | 0.2222 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $1.4M | $509K | 100x |
| Short | Variational Omni THETA | 0.2221 | −0.0475 | pay 0.0475% / 8h | 5h 51m | $290K | $63K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$120.65
- Price spread: −0.025% → −0.097%
- $7.12
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$117.54
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: RFQ quote, 60 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 MEXC live order book, 3 min ago | 2.25 bp | 7.2 bp −$7 | 25.3 bp −$253 | 178.7 bp −$17.9K | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 9.06 bp | doesn't fit | 40.8 bp −$408 | doesn't fit | doesn't fit |
THETA on 13 exchanges
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 | −0.0509% | 1h | 0.2223 | +0.063% | $80K | $68K | 20x | as long as short |
| Variational Omni THETAshort | −0.0475% | 8h | 0.2221 | −0.025% | $290K | $63K | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.870% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2220 | −0.090% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2223 | +0.065% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2221 | −0.042% | $3.1M | $5.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2220 | −0.090% | $3.0M | $2.9M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2219 | −0.135% | $611K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2221 | −0.045% | $377K | $139K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2222 | long leg | $1.4M | $509K | 100x |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2220 | −0.090% | $1.0M | $413K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2222 | 0.000% | $1.2M | $878K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2220 | −0.090% | $154K | $171K | 75x | as long as short |
MEXC THETA_USDT
Variational Omni THETA
Kraken Futures PF_THETAUSD
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT