Theta Network logo

Theta Network (THETA) Perpetual Futures

– 24h · perp mark price
Live · updated Compare THETA exchanges

Theta Network price and derivatives history

Daily close and perpetual volume across tracked exchanges

Theta Network perpetual futures market

Theta Network is a blockchain built for video streaming and media, where community-run edge nodes share bandwidth and computing power. It uses two tokens. THETA secures the chain through staking by validator and guardian nodes, and TFUEL pays for transactions and node rewards. Perps on THETA give traders leveraged exposure to the decentralised media and edge computing theme, and a simple way to short it.

Compared with larger layer 1 tokens, liquidity here is thin. Binance carries the most volume, with WhiteBIT and BingX next, while Bybit holds a large share of open interest. Theta's push into AI compute through EdgeCloud, partner announcements and staking activity are the main narrative drivers. With smaller order books, funding can swing hard and a burst of liquidations can move price more than headlines would suggest.

Ticker
THETA
Asset class
Crypto
Tracked markets
–
Most active venue
–
Funding intervals
–
Trading hours
24/7
±1% order book depth
–

Theta Network perpetual markets by exchange

Every tracked THETA perpetual market

# Exchange Price 24h Volume 24h Open interest OI 24h Funding 8h L/S Liq. 24h ±1% depth Trade

Open interest by exchange

Share of total · 24h change

All OI

    Liquidations by exchange

    Last 24h · long vs short

    All liquidations

      Taker buy vs sell

      Last 4h · buy share of taker volume

      Long/short data

        Theta Network perpetual futures FAQ

        Live answers use data from every tracked THETA perpetual markets · updated

        What is the THETA funding rate today?

        Loading live data…

        How much THETA open interest is there?

        Loading live data…

        What is Theta Network?

        Theta Network is a proof-of-stake blockchain focused on video, media and edge computing. Users and businesses run edge nodes that relay video and process compute tasks, earning TFUEL in return. THETA is the governance and staking token that secures the network through validator and guardian nodes.

        What is THETA perpetual futures trading volume?

        Loading live data…

        Are traders long or short THETA right now?

        Loading live data…

        What is the difference between THETA and TFUEL?

        THETA is the staking and governance token, used by validator and guardian nodes to secure the chain, and staked THETA earns TFUEL. TFUEL is the operational token, spent as gas for transactions and smart contracts and paid to edge nodes for sharing resources. The two have separate supplies and prices.

        What is Theta EdgeCloud?

        EdgeCloud is Theta's platform for renting out distributed computing power, including GPUs, for AI, video and rendering workloads. It has become a central part of the project's pitch to AI developers and ties THETA to the wider AI infrastructure narrative.

        How much THETA was liquidated in the last 24 hours?

        Loading live data…

        Why can THETA funding swing sharply?

        THETA perps have smaller order books than major coins, so a handful of large positions can tilt funding well above or below zero. Rates often diverge between venues, and a squeeze on one exchange can spread to the others through arbitrage traders.

        What are THETA perpetual futures?

        THETA perpetual futures are derivatives contracts that track the price of THETA and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any THETA.

        How does THETA funding work?

        Funding is a payment between longs and shorts. When THETA perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

        Where can I trade THETA perpetuals?

        Compare venues, fees and features on the best perpetual exchanges page.

        Should I long or short THETA?

        Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.

        Explore more perpetuals

        All 201 markets A–Z

        Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology