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-0.06%Gate → OKX · Spot–Spot
Best perp–perp spread+0.09%Gate → Binance
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.39%$0.2181 – $0.2189

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.2185OKX logoOKXspot$0.2188 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
Gate logoGatespot$0.2185KuCoin logoKuCoinspot$0.2188 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
Gate logoGatespot$0.2185Binance logoBinancespot$0.2187 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
Gate logoGatespot$0.2185Bybit logoBybitspot$0.2186 +0.05%-0.15% +0.05%— 0.000%— LS Chart →
Binance logoBinancespot$0.2189OKX logoOKXspot$0.2188 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Binance logoBinancespot$0.2189KuCoin logoKuCoinspot$0.2188 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.2189OKX logoOKXspot$0.2188 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
Bybit logoBybitspot$0.2189KuCoin logoKuCoinspot$0.2188 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
OKX logoOKXspot$0.219KuCoin logoKuCoinspot$0.2188 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.219OKX logoOKXspot$0.2188 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Bybit logoBybitspot$0.2189Binance logoBinancespot$0.2187 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
OKX logoOKXspot$0.219Binance logoBinancespot$0.2187 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.219Binance logoBinancespot$0.2187 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
Binance logoBinancespot$0.2189Bybit logoBybitspot$0.2186 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
OKX logoOKXspot$0.219Bybit logoBybitspot$0.2186 -0.18%-0.38% -0.18%— 0.000%— 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 $0.2181$0.2183$0.2182-0.11% -0.105%$2.37M
MEXC logoMEXCPerpetual · THETA_USDTPerpetual $0.2184$0.2185$0.21850.00% -0.028%$1.90M
OKX logoOKXPerpetual · THETA-USDT-SWAPPerpetual $0.2184$0.2185$0.21850.00% -0.060%$1.13M
Gate logoGatePerpetual · THETA_USDTPerpetual $0.2181$0.2182$0.2182-0.14% +0.030%$1.06M
Bitget logoBitgetPerpetual · THETAUSDTPerpetual $0.2184$0.2185$0.21850.00% +0.030%$601.1K
KuCoin logoKuCoinPerpetual · THETAUSDTMPerpetual $0.2181$0.2184$0.2183-0.09% -0.131%$474.7K
OKX logoOKXSpot · THETA-USDTSpot $0.2188$0.219$0.2189+0.21% —$404.1K
KuCoin logoKuCoinSpot · THETA-USDTSpot $0.2188$0.219$0.2189+0.21% —$359.6K
Bybit logoBybitSpot · THETAUSDTSpot $0.2186$0.2189$0.2188+0.14% —$291.1K
Gate logoGateSpot · THETA_USDTSpot $0.2183$0.2185$0.2184-0.02% —$163.1K
Variational logoVariationalPerpetual · THETAPerpetual $0.2178$0.2183$0.2181-0.18% -0.358%$28.7K
Binance logoBinancePerpetual · THETAUSDTPerpetual $0.2184$0.2185$0.21850.00% -0.029%—
Aster logoAsterPerpetual · THETAUSDTPerpetual $0.2181$0.2186$0.2184-0.05% +0.030%—
Binance logoBinanceSpot · THETAUSDTSpot $0.2187$0.2189$0.2188+0.16% ——
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 Gate perp at $0.2182 and the highest bid on OKX spot at $0.2188.

The widest THETA perpetual spread is between Gate and Binance: long THETA on Gate at $0.2182 and short on Binance at $0.2184 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 -0.059% per day, which the position pays 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: -0.05% gross, -0.25% net, with -0.029% a day of funding on the short leg.

Spot–spot THETA arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.14% 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): +0.14% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest THETA?

Gate (perp) has the lowest THETA ask at $0.2182, and OKX (spot) the highest bid at $0.2188. 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 (Gate 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