Convert PERPon Arbitrum to THBILLon Ethereum
Swap Perpetual Protocol (PERP) on Arbitrum to Theo Short Duration US Treasury Fund (THBILL) on Ethereum at the best cross-chain rate. SwitchFi routes your PERP → THBILL exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
PERP to THBILL market data
| Metric | PERP · Arbitrum | THBILL · Ethereum |
|---|---|---|
| Price | $0.02048 | $1.01 |
| Market cap | $1.47M | $117.56M |
| 24h volume | $669,924 | $4,051 |
| 24h change | -6.70% | -0.03% |
| 7d change | +11.72% | -0.21% |
| 24h high / low | $0.02581 / $0.02005 | $1.02 / $1.01 |
| All-time high | $24.40 | $1.11 |
| Market cap rank | #2392 | #238 |
What is the PERP to THBILL exchange rate?
At the current market price, 1 PERP ≈ 0.02017295 THBILL, and 1 THBILL ≈ 49.5713 PERP. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Theo Short Duration US Treasury Fund carries the larger market value of the two — $117.56M versus $1.47M for Perpetual Protocol. PERP holds rank #2392 while THBILL holds #238 by market capitalisation. Over the past 24 hours PERP is -6.70% while THBILL is -0.03%, so the PERP/THBILL rate has moved in THBILL's favour. On a 7-day view the tape shows PERP +11.72% and THBILL -0.21%. Daily turnover runs at $669,924 for PERP and $4,051 for THBILL, so routed swaps between the two settle at market rates without moving the price. Measured from record highs, PERP is down 99.9% and THBILL is down 8.7%.
PERP to THBILL converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
PERP / THBILL conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Perpetual Protocol and Theo Short Duration US Treasury Fund
With a total market value of $1.47M, Perpetual Protocol (PERP) sits at #2392 among all cryptocurrencies. Compared with its $24.40 all-time peak, it currently trades 99.9% lower. Of a maximum supply of 150.00M PERP, 72.61M PERP (48%) is already in circulation. PERP has moved +11.72% week-on-week and +7.24% over 30 days. Daily turnover comes to $669,924.
Theo Short Duration US Treasury Fund (THBILL) is the #238 cryptocurrency by market cap, worth $117.56M in aggregate. It is trading 8.7% below its all-time high of $1.11. There are currently 115.84M THBILL in circulation. Recent performance reads -0.21% over 7 days and -0.84% over the past month for THBILL. Daily turnover comes to $4,051.
How to convert PERP to THBILL
- 1 Enter the amount of PERP on Arbitrum you want to convert — the swap widget on this page is prefilled with the PERP → THBILL pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of THBILL on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
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Convert any other cryptocurrency from PERP
PERPArbitrum → BTC
Bitcoin
PERPArbitrum → ETH
Ethereum
PERPArbitrum → USDTEthereum
Tether
PERPArbitrum → BNB
BNB
PERPArbitrum → USDCEthereum
USDC
PERPArbitrum → XRP
XRP
PERPArbitrum → SOL
Solana
PERPArbitrum → TRX
TRON
PERPArbitrum → FIGR_HELOC
Figure Heloc
PERPArbitrum → HYPE
Hyperliquid
PERPArbitrum → DOGE
Dogecoin
PERPArbitrum → USDSEthereum
USDS
PERP to THBILL FAQ
What is the PERP to THBILL exchange rate?
1 PERP is worth roughly 0.02017295 THBILL at the moment (inverted: 1 THBILL ≈ 49.5713 PERP). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert PERP to THBILL on SwitchFi?
Type in how much PERP you're converting, connect a wallet, check the quoted PERP→THBILL route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the PERP to THBILL swap instant?
Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.
Are there fees to convert PERP to THBILL?
All costs — gas, DEX fees and any bridge fee — are included in the quote before you sign, along with the guaranteed minimum you'll receive. There are no account or custody charges.
Do I need an account to exchange PERP for THBILL?
No. SwitchFi is a non-custodial router — connect a compatible wallet and swap. No sign-up, no KYC to use the on-chain swap.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.