Funding you earn now, next payment 00:00 UTC+0.0832%/8h= +91.1% APRnext payment +$8.32 per $10,000 · paid last 24h +0.096%
Price spread now: MEXC against Variational Omni+0.049%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.162%+$16 on $10k
+Price spread, last 3 days (all we have)−0.224%−$22 · spread now +0.049%, 7d avg +0.091%
=Together, before fees−0.062%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.091%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$25 a day). At the pace of the last 3 days (+0.162% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.162% in total (about 18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni THETA | 0.2232 | −0.0732 | get 0.0732% / 8h | 1h 59m | $291K | $74K | — |
| Short | MEXC THETA_USDT | 0.2233 | 0.0100 | get 0.0100% / 8h | 1h 59m | $1.4M | $579K | 100x |
Variational Omni THETA
MEXC THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- $174.77
- Price spread: +0.049% → +0.091%
- −$4.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $166.61
- Costs to cover
- 0.040%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 25 min ago; MEXC: live order book, 2 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 Variational Omni RFQ quote, 25 min ago | 8.93 bp | doesn't fit | 111.6 bp −$1,116 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.24 bp | 12.5 bp −$12 | 26.4 bp −$264 | 153.0 bp −$15.3K | 288.7 bp −$144.4K |
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 | 0.2234 | +0.085% | $81K | $58K | 20x | as long as short |
| Variational Omni THETAlong | −0.0732% | 8h | 0.2232 | long leg | $291K | $74K | — | |
| OKX THETA-USDT-SWAP | −0.0103% | 8h | 0.2231 | −0.040% | $654K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0099% | 8h | 0.2231 | −0.040% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.297% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2233 | +0.036% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2233 | +0.049% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2231 | −0.040% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2232 | +0.004% | $374K | $137K | 50x | as long as short |
| MEXC THETA_USDTshort | +0.0100% | 8h | 0.2233 | +0.049% | $1.4M | $579K | 100x |
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2233 | +0.049% | $989K | $121K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2235 | +0.139% | $1.3M | $682K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2233 | +0.049% | $162K | $190K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT