Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.57 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against Bitget+0.157%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.689%−$69 · spread now +0.157%, 7d avg −0.036%
=The price spread pays, funding is against you. BloFin is 0.193% dearer against Bitget than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.036%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.089% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PYTHUSDT | 0.06361 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $2.7M | $2.1M | 75x |
| Short | BloFin PYTH-USDT | 0.06371 | −0.0013 | pay 0.0007% / 4h | 1h 20m | $353K | $87K | 75x |
Bitget PYTHUSDT
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$23.82
- Price spread: +0.157% → −0.036%
- $19.34
- Slippage, 4 orders
- −$50.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.78
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 20 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 Bitget live order book, 2 min ago | 4.71 bp | 23.1 bp −$23 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 5.54 bp | 14.3 bp −$14 | 24.2 bp −$242 | 106.6 bp −$10.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0380% | 1h | 0.06376 | +0.241% | $39K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0212% | 4h | 0.06364 | +0.047% | $1.0M | $503K | 75x | as long as short |
| BloFin PYTH-USDTshort | −0.0013% | 4h | 0.06371 | +0.157% | $353K | $87K | 75x | |
| Binance PYTHUSDT | −0.0005% | 4h | 0.06364 | +0.048% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0004% | 4h | 0.06368 | +0.110% | $9.5M | $2.5M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06373 | +0.184% | $189K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0014% | 4h | 0.06377 | +0.256% | $20K | $46K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.588% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06371 | +0.162% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06375 | +0.220% | $191K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06357 | −0.067% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06378 | +0.261% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06367 | +0.094% | $7.6M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06364 | +0.047% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06371 | +0.157% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDTlong | +0.0100% | 4h | 0.06361 | long leg | $2.7M | $2.1M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06365 | +0.063% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06367 | +0.092% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06374 | +0.198% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06385 | +0.377% | $40K | $18K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0221% | 1h | 0.06374 | +0.204% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0300% | 1h | 0.06375 | +0.223% | $389K | $291K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06371 | +0.152% | — | — | 20x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP