Funding you earn now, next payment 04:00 UTC+0.1623%/8h= +177.7% APRpaid last 24h +0.024%
Price spread now: Deribit against BloFin+0.394%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Deribit is 0.394% dearer against BloFin than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06339 | 0.0017 | pay 0.0008% / 4h | 53m 05s | $427K | $84K | 75x |
| Short | Deribit PYTH_USDC-PERPETUAL | 0.06364 | 0.1639 | get 0.0205% / 1h | 53m 05s | $10K | $10K | 10x |
BloFin PYTH-USDT
Deribit PYTH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- $340.77
- Price spread: +0.394% → 0.000%
- $39.44
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $361.21
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 48 min ago; Deribit: no order-book sample. Net counts fees only.
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 BloFin live order book, 48 min ago | 5.54 bp | 16.9 bp −$17 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0283% | 1h | 0.06354 | +0.238% | $38K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0178% | 4h | 0.06339 | 0.000% | $1.0M | $503K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06350 | +0.172% | $189K | $19 | 5x | as long as short |
| BloFin PYTH-USDTlong | +0.0017% | 4h | 0.06339 | long leg | $427K | $84K | 75x | |
| MEXC PYTH_USDT | +0.0024% | 4h | 0.06344 | +0.079% | $10.1M | $2.5M | 125x | as long as short |
| Binance PYTHUSDT | +0.0025% | 4h | 0.06344 | +0.077% | $9.1M | $17.9M | 75x | as long as short |
| Aster PYTHUSDT | +0.0026% | 4h | 0.06343 | +0.064% | $20K | $43K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.246% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06345 | +0.095% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06354 | +0.237% | $191K | $206K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
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 | 0.06344 | +0.082% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06355 | +0.251% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06346 | +0.110% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06348 | +0.142% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06347 | +0.126% | $1.5M | $343K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06348 | +0.142% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06346 | +0.110% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06349 | +0.157% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06346 | +0.114% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06385 | +0.726% | $40K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06346 | +0.105% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0412% | 1h | 0.06355 | +0.245% | $387K | $294K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUALshort | +0.1639% | 1h | 0.06364 | +0.394% | $10K | $10K | 10x |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD