ArbiLayer

THETA arbitrage

live

Live Theta Network price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%Bybit → Gate · Perp–Perp
Best perp–perp spread+0.08%Bybit → Gate
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.32%$0.2357 – $0.2364

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.2357Gate logoGate$0.2359 +0.08%-0.08% +0.09%— +0.027%— LS Chart →
Bybit logoBybit$0.2357Binance logoBinance$0.2358 +0.04%-0.12% +0.05%— +0.009%— LS Chart →
Bybit logoBybit$0.2357Bitget logoBitget$0.2358 +0.04%-0.12% +0.04%— +0.006%— LS Chart →
Bybit logoBybit$0.2357MEXC logoMEXC$0.2358 +0.04%-0.12% +0.05%— +0.009%— LS Chart →
Binance logoBinance$0.2359Gate logoGate$0.2359 0.00%-0.16% +0.01%— +0.018%— LS Chart →
Bybit logoBybit$0.2357OKX logoOKX$0.2357 0.00%-0.16% -0.00%— -0.011%— LS Chart →
Bybit logoBybit$0.2357KuCoin logoKuCoin$0.2357 0.00%-0.16% +0.01%— +0.027%— LS Chart →
Bitget logoBitget$0.2359Gate logoGate$0.2359 0.00%-0.16% +0.01%— +0.022%— LS Chart →
MEXC logoMEXC$0.2359Gate logoGate$0.2359 0.00%-0.16% +0.01%— +0.018%— LS Chart →
OKX logoOKX$0.2359Gate logoGate$0.2359 0.00%-0.16% +0.01%— +0.039%— LS Chart →
Variational logoVariational$0.2359Gate logoGate$0.2359 0.00%-0.16% +0.10%— +0.294%— LS Chart →
KuCoin logoKuCoin$0.2359Gate logoGate$0.2359 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Binance logoBinance$0.2359Bitget logoBitget$0.2358 -0.04%-0.20% -0.04%— -0.004%— LS Chart →
Binance logoBinance$0.2359MEXC logoMEXC$0.2358 -0.04%-0.20% -0.04%— -0.000%— LS Chart →
Bitget logoBitget$0.2359Binance logoBinance$0.2358 -0.04%-0.20% -0.04%— +0.004%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

THETA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · THETA_USDTPerpetual $0.2358$0.2359$0.23590.00% +0.012%$1.89M
Bybit logoBybitPerpetual · THETAUSDTPerpetual $0.2356$0.2357$0.2357-0.08% +0.003%$1.84M
Gate logoGatePerpetual · THETA_USDTPerpetual $0.2359$0.236$0.236+0.04% +0.030%$1.03M
OKX logoOKXPerpetual · THETA-USDT-SWAPPerpetual $0.2357$0.2359$0.2358-0.02% -0.009%$886.4K
Bitget logoBitgetPerpetual · THETAUSDTPerpetual $0.2358$0.2359$0.23590.00% +0.008%$452.9K
KuCoin logoKuCoinPerpetual · THETAUSDTMPerpetual $0.2357$0.2359$0.2358-0.02% +0.030%$410.6K
KuCoin logoKuCoinSpot · THETA-USDTSpot $0.2361$0.2363$0.2362+0.15% —$337.6K
OKX logoOKXSpot · THETA-USDTSpot $0.2363$0.2365$0.2364+0.23% —$334.2K
Bybit logoBybitSpot · THETAUSDTSpot $0.2362$0.2364$0.2363+0.19% —$258.1K
Gate logoGateSpot · THETA_USDTSpot $0.236$0.2362$0.2361+0.11% —$157.2K
Variational logoVariationalPerpetual · THETAPerpetual $0.2355$0.2359$0.2357-0.06% -0.264%$24.3K
Binance logoBinancePerpetual · THETAUSDTPerpetual $0.2358$0.2359$0.23590.00% +0.012%—
Aster logoAsterPerpetual · THETAUSDTPerpetual $0.2356$0.2361$0.23590.00% +0.030%—
Binance logoBinanceSpot · THETAUSDTSpot $0.2362$0.2363$0.2363+0.17% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

THETA arbitrage explained

Right now Theta Network (THETA) trades on 9 venues we scan: 9 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.2357 and the highest bid on OKX spot at $0.2363.

The widest THETA perpetual spread is between Bybit and Gate: long THETA on Bybit at $0.2357 and short on Gate at $0.2359 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.027% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best THETA route is to buy spot on Gate and short the perpetual on Gate: -0.13% gross, -0.33% net, with +0.030% a day of funding on the short leg.

Spot–spot THETA arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.04% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small THETA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: THETA funding rates · THETA spread charts · Theta Network price · arbitrage scanner for all coins.

Is there a THETA arbitrage opportunity right now?

The best THETA route right now is to buy on Bybit → sell on Gate (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest THETA?

Bybit (perp) has the lowest THETA ask at $0.2357, and OKX (spot) the highest bid at $0.2363. Prices update every 15 seconds on this page.

How many exchanges list THETA?

ArbiLayer tracks 14 THETA markets on 9 venues: 9 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage THETA without transferring coins?

Use two perpetual contracts: go long THETA on the cheaper exchange (Bybit now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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