Funding you earn now, next payment 00:00 UTC+0.0164%/8h= +17.9% APRnext payment +$1.64 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.045%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.045%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.022% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2228 | −0.0064 | get 0.0064% / 8h | 1h 13m | $662K | $1.3M | 20x |
| Short | Gate THETA_USDT | 0.2229 | 0.0100 | get 0.0100% / 8h | 1h 13m | $372K | $139K | 50x |
OKX THETA-USDT-SWAP
Gate THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $34.4
- Price spread: +0.045% → +0.023%
- $2.18
- Slippage, 4 orders
- −$146.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$134.66
- Costs to cover
- 1.712%
- Break-even
- 34.4 days
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 1 min ago.
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 OKX live order book, 3 min ago | 2.24 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.48 bp | 64.2 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSD | −0.1009% | 1h | 0.2233 | +0.209% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0620% | 8h | 0.2225 | −0.147% | $291K | $74K | — | as long as short |
| BingX THETA-USDT | −0.0068% | 8h | 0.2229 | +0.045% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAPlong | −0.0064% | 8h | 0.2228 | long leg | $662K | $1.3M | 20x | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.129% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2231 | +0.135% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2230 | +0.089% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2227 | −0.045% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2229 | +0.045% | $372K | $139K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2231 | +0.135% | $1.4M | $587K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
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 | 0.2231 | +0.135% | $987K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2231 | +0.135% | $1.3M | $670K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2231 | +0.135% | $161K | $187K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT