Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.42 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Binance+0.073%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.073%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.061% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06340 | 0.0017 | pay 0.0008% / 4h | 2h 18m | $9.1M | $15.9M | 75x |
| Short | Bitget PYTHUSDT | 0.06345 | 0.0100 | get 0.0050% / 4h | 2h 18m | $2.6M | $1.9M | 75x |
Binance PYTHUSDT
Bitget PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.46
- Price spread: +0.073% → +0.013%
- $6.05
- Slippage, 4 orders
- −$34.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$32.67
- Costs to cover
- 0.562%
- Break-even
- 20.1 days
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 0.79 bp | 14.8 bp −$15 | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.15 bp | 17.7 bp −$18 | 24.9 bp −$249 | doesn't fit | doesn't fit |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | +0.152% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06351 | +0.160% | $384K | $240K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0065% | 1h | 0.06350 | +0.152% | $10K | $10K | 10x | as long as short |
| Gate PYTH_USDT | −0.0024% | 4h | 0.06350 | +0.152% | $1.1M | $466K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06351 | +0.162% | $189K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0016% | 4h | 0.06342 | +0.026% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDTlong | +0.0017% | 4h | 0.06340 | long leg | $9.1M | $15.9M | 75x | |
| BloFin PYTH-USDT | +0.0022% | 4h | 0.06339 | −0.021% | $423K | $117K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.430% | $40K | $6K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06342 | +0.023% | $23K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL
Gate PYTH_USDT
dYdX PYTH-USD
MEXC PYTH_USDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06354 | +0.215% | $197K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06344 | +0.060% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06347 | +0.103% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06341 | +0.017% | $20K | $24K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06344 | +0.058% | $7.4M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06344 | +0.058% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06348 | +0.121% | $1.5M | $304K | 50x | as long as short |
| Bitget PYTHUSDTshort | +0.0100% | 4h | 0.06345 | +0.073% | $2.6M | $1.9M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06346 | +0.089% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06348 | +0.123% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06345 | +0.072% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0215% | 1h | 0.06352 | +0.179% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06347 | +0.105% | — | — | 20x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP
Reya PYTHRUSDPERP