Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.030%
Price spread now: dYdX against BloFin+0.111%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2232.231% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)+0.263%+$26 · spread now +0.111%, 7d avg +0.142%
=Funding pays, the price is against you. dYdX is 0.031% cheaper against BloFin than usual: you would sell low and buy high (spread +0.111% now, against its 7-day average of +0.142%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06340 | −0.0098 | get 0.0049% / 4h | 57m 20s | $422K | $116K | 75x |
| Short | dYdX PYTH-USD | 0.06347 | 0 | get 0.0000% / 1h | 57m 20s | $188K | $19 | 5x |
BloFin PYTH-USDT
dYdX PYTH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $20.48
- Price spread: +0.111% → +0.142%
- −$3.07
- Slippage, 4 orders
- −$201.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$205.69
- Costs to cover
- 2.231%
- Break-even
- 77.3 days
Slippage from BloFin: live order book, 18 min ago; dYdX: live order book, 22 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 BloFin live order book, 18 min ago | 0.80 bp | 8.5 bp −$9 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 22 min ago | 91.50 bp | 96.5 bp −$96 | 212.7 bp −$2,127 | 295.2 bp −$29.5K | 526.2 bp −$263.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0397% | 1h | 0.06347 | +0.103% | $378K | $264K | 25x | as long as short |
| BloFin PYTH-USDTlong | −0.0098% | 4h | 0.06340 | long leg | $422K | $116K | 75x | |
| MEXC PYTH_USDT | −0.0092% | 4h | 0.06344 | +0.063% | $9.5M | $2.3M | 125x | as long as short |
| Binance PYTHUSDT | −0.0092% | 4h | 0.06338 | −0.031% | $9.1M | $17.2M | 75x | as long as short |
| Gate PYTH_USDT | −0.0008% | 4h | 0.06342 | +0.032% | $1.1M | $474K | 75x | as long as short |
| dYdX PYTH-USDshort | 0.0000% | 1h | 0.06347 | +0.111% | $188K | $19 | 5x | |
| Bybit PYTHUSDT | +0.0012% | 4h | 0.06341 | +0.016% | $7.5M | $4.8M | 50x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.262% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0056% | 1h | 0.06349 | +0.142% | $23K | — | 3x | as long as short |
| Aster PYTHUSDT | +0.0065% | 4h | 0.06342 | +0.031% | $25K | $44K | 10x | as long as short |
Kraken Futures PF_PYTHUSD
MEXC PYTH_USDT
Binance PYTHUSDT
Gate PYTH_USDT
Bybit PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Aster PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06347 | +0.110% | $201K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06347 | +0.104% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06352 | +0.181% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06344 | +0.063% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06349 | +0.142% | $1.5M | $316K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06343 | +0.047% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06344 | +0.063% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06310 | −0.471% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06341 | +0.011% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06328 | −0.189% | $39K | $6K | 25x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0283% | 1h | 0.06353 | +0.207% | $36K | $89K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06345 | +0.072% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1010% | 1h | 0.06359 | +0.300% | $10K | $10K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Backpack PYTH_USDC_PERP
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL