We express Néron functions and Schneider's local $p$-adic height pairing on an abelian variety $A$ with split multiplicative reduction with theta functions and their automorphy factors on the rigid analytic torus uniformizing $A$. Moreover, we show formulas for the $\rho$-splittings of the Poincaré biextension corresponding to Néron's and Schneider's local height pairings.