THETA Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized THETA perpetual funding across all 8 venues Perpia tracks. Right now THETA funding is positive on 7 and negative on 1, ranging from +10.9% on Bybit to -4.5% on OKX — a spread of 15.5%. The widest delta-neutral trade is long OKX / short Bybit at 10.9% net APR.
THETA funding rate by venue
7 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit | +10.9% | 8h |
| Bitget | +10.9% | 8h |
| KuCoin | +10.9% | 8h |
| Gate.io | +10.9% | 8h |
| BingX | +10.9% | 8h |
| MEXC | +8.1% | 8h |
| Binance | +7.8% | 8h |
| OKX | -4.5% | 8h |
Rates annualized; updated ~every few minutes from live venue data.
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THETA funding — FAQ
Is THETA funding positive right now?
THETA perpetual funding is positive on 7 of 8 venues Perpia tracks and negative on 1. The highest is +10.9% on Bybit; the lowest is -4.5% on OKX.
What is the best THETA funding arbitrage right now?
Go long OKX and short Bybit for about 10.9% net APR after fees — the widest delta-neutral THETA spread Perpia currently sees.
Which exchange has the highest THETA funding rate?
Bybit, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How THETA funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.