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+0.03%Gate → OKX · Spot–Spot
Best perp–perp spread+0.09%Bybit → Binance
Markets tracked138 venues · 8 perp · 5 spot · 0 DEX
Price range0.39%$0.22 – $0.2208

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.2202Binance logoBinance$0.2202 0.00%-0.20% -0.00%— -0.013%— LS Chart →
Gate logoGatespot$0.2202MEXC logoMEXC$0.2202 0.00%-0.20% -0.00%— -0.012%— LS Chart →
Gate logoGatespot$0.2202Gate logoGate$0.2202 0.00%-0.20% +0.01%— +0.030%— LS Chart →
Gate logoGatespot$0.2202Bitget logoBitget$0.2201 -0.05%-0.25% -0.04%— +0.030%— LS Chart →
Gate logoGatespot$0.2202OKX logoOKX$0.2201 -0.05%-0.25% -0.06%— -0.044%— LS Chart →
Gate logoGatespot$0.2202Aster logoAster$0.22 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Gate logoGatespot$0.2202Bybit logoBybit$0.2199 -0.14%-0.34% -0.17%— -0.100%— LS Chart →
Gate logoGatespot$0.2202KuCoin logoKuCoin$0.2199 -0.14%-0.34% -0.18%— -0.126%— LS Chart →
Binance logoBinancespot$0.2207Binance logoBinance$0.2202 -0.23%-0.43% -0.23%— -0.013%— LS Chart →
Binance logoBinancespot$0.2207MEXC logoMEXC$0.2202 -0.23%-0.43% -0.23%— -0.012%— LS Chart →
Binance logoBinancespot$0.2207Gate logoGate$0.2202 -0.23%-0.43% -0.22%— +0.030%— LS Chart →
Bybit logoBybitspot$0.2207Binance logoBinance$0.2202 -0.23%-0.43% -0.23%— -0.013%— LS Chart →
Bybit logoBybitspot$0.2207MEXC logoMEXC$0.2202 -0.23%-0.43% -0.23%— -0.012%— LS Chart →
Bybit logoBybitspot$0.2207Gate logoGate$0.2202 -0.23%-0.43% -0.22%— +0.030%— LS Chart →
Binance logoBinancespot$0.2207Bitget logoBitget$0.2201 -0.27%-0.47% -0.26%— +0.030%— 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
Bybit logoBybitPerpetual · THETAUSDTPerpetual $0.2199$0.22$0.22-0.14% -0.100%$2.31M
MEXC logoMEXCPerpetual · THETA_USDTPerpetual $0.2202$0.2203$0.22030.00% -0.012%$1.90M
OKX logoOKXPerpetual · THETA-USDT-SWAPPerpetual $0.2201$0.2202$0.2202-0.05% -0.044%$1.09M
Gate logoGatePerpetual · THETA_USDTPerpetual $0.2202$0.2203$0.22030.00% +0.030%$1.03M
Bitget logoBitgetPerpetual · THETAUSDTPerpetual $0.2201$0.2202$0.2202-0.05% +0.030%$577.4K
KuCoin logoKuCoinPerpetual · THETAUSDTMPerpetual $0.2199$0.2202$0.2201-0.09% -0.126%$462.6K
OKX logoOKXSpot · THETA-USDTSpot $0.2207$0.2209$0.2208+0.25% —$391.3K
KuCoin logoKuCoinSpot · THETA-USDTSpot $0.2206$0.2209$0.2208+0.23% —$363.6K
Bybit logoBybitSpot · THETAUSDTSpot $0.2205$0.2207$0.2206+0.16% —$289.4K
Gate logoGateSpot · THETA_USDTSpot $0.2201$0.2202$0.2202-0.05% —$159.6K
Binance logoBinancePerpetual · THETAUSDTPerpetual $0.2202$0.2203$0.22030.00% -0.013%—
Aster logoAsterPerpetual · THETAUSDTPerpetual $0.22$0.2205$0.22030.00% +0.030%—
Binance logoBinanceSpot · THETAUSDTSpot $0.2206$0.2207$0.2207+0.18% ——
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 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.22 and the highest bid on OKX spot at $0.2207.

The widest THETA perpetual spread is between Bybit and Binance: long THETA on Bybit at $0.22 and short on Binance at $0.2202 for +0.09% gross, or -0.07% 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 +0.087% 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 Binance: 0.00% gross, -0.20% net, with -0.013% a day of funding on the short leg.

Spot–spot THETA arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.23% 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 Gate spot → sell on OKX spot (Spot–Spot): +0.23% gross and +0.03% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest THETA?

Bybit (perp) has the lowest THETA ask at $0.22, and OKX (spot) the highest bid at $0.2207. Prices update every 15 seconds on this page.

How many exchanges list THETA?

ArbiLayer tracks 13 THETA markets on 8 venues: 8 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 (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

BLAST +18.36%CRO +18.24%UPC +7.25%BDX +6.89%ONE +6.71%ESPORTS +6.51%OPENAI +5.15%CATE +3.70%SPCX +3.66%ANTHROPIC +3.51%AI +3.47%ZIL +3.06%OURA +2.97%H100 +2.70%EGLD +2.67%APPSTOCK +2.18%BONER +2.15%FLYBRAIN +1.99%