Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.016%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.016%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06289 | 0.0055 | pay 0.0027% / 4h | 59m 09s | $8.9M | $19.5M | 75x |
| Short | MEXC PYTH_USDT | 0.06288 | 0.0054 | get 0.0027% / 4h | 59m 09s | $10.4M | $2.7M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.11
- Price spread: −0.016% → +0.002%
- −$1.75
- Slippage, 4 orders
- −$31.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.04
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: 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, 12 min ago | 1.58 bp | 14.4 bp −$14 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.59 bp | 4.9 bp −$5 | 12.1 bp −$121 | 89.6 bp −$8,964 | 168.5 bp −$84.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | +0.0001% | 1h | 0.06300 | +0.180% | $35K | $67K | 10x | as long as short |
| dYdX PYTH-USD | +0.0019% | 1h | 0.06295 | +0.092% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.461% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDTshort | +0.0054% | 4h | 0.06288 | −0.016% | $10.4M | $2.7M | 125x | |
| Binance PYTHUSDTlong | +0.0055% | 4h | 0.06289 | long leg | $8.9M | $19.5M | 75x | |
| Deribit PYTH_USDC-PERPETUAL | +0.0068% | 1h | 0.06293 | +0.064% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0069% | 4h | 0.06294 | +0.080% | $422K | $72K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06300 | +0.175% | $193K | $218K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06293 | +0.060% | $22K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06285 | −0.059% | $3K | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06297 | +0.122% | $2.2M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06288 | −0.014% | $21K | $46K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06289 | 0.000% | $7.4M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06292 | +0.048% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06297 | +0.127% | $1.0M | $535K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06293 | +0.064% | $1.5M | $370K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06291 | +0.032% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06287 | −0.032% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06297 | +0.126% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06289 | +0.003% | $2K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06286 | −0.040% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0453% | 1h | 0.06295 | +0.103% | $381K | $318K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0472% | 1h | 0.06427 | +2.194% | $40K | $19K | 25x | as long as short |
Binance PYTHUSDT
MEXC PYTH_USDT
Backpack PYTH_USDC_PERP
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX