Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against BloFin+0.168%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$1 a day on $10k at the current rate, and Orderly is 0.168% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06295 | 0.0057 | pay 0.0029% / 4h | 1h 39m | $420K | $115K | 75x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06306 | 0.0100 | get 0.0050% / 4h | 1h 39m | $3K | $1K | 10x |
BloFin PYTH-USDT
Orderly PERP_PYTH_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $8.95
- Price spread: +0.168% → 0.000%
- $16.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $7.79
- Costs to cover
- 0.180%
- Break-even
- 0.9 days
Slippage unknown: BloFin: live order book, 41 min ago; Orderly: 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, 41 min ago | 0.79 bp | 15.2 bp −$15 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | −0.556% | $553 | $220K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0207% | 1h | 0.06311 | +0.252% | $383K | $252K | 25x | as long as short |
| Bybit PYTHUSDT | −0.0028% | 4h | 0.06311 | +0.254% | $7.4M | $5.1M | 50x | as long as short |
| Gate PYTH_USDT | −0.0008% | 4h | 0.06307 | +0.191% | $1.1M | $478K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06313 | +0.287% | $187K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06312 | +0.270% | $10K | $10K | 10x | as long as short |
| Binance PYTHUSDT | +0.0017% | 4h | 0.06304 | +0.147% | $9.1M | $17.0M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0020% | 4h | 0.06304 | +0.143% | $9.2M | $2.3M | 125x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0053% | 1h | 0.06313 | +0.278% | $38K | $88K | 10x | as long as short |
| BloFin PYTH-USDTlong | +0.0057% | 4h | 0.06295 | long leg | $420K | $115K | 75x |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Bybit PYTHUSDT
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Binance PYTHUSDT
MEXC PYTH_USDT
Backpack PYTH_USDC_PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.160% | $40K | $6K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06306 | +0.172% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06316 | +0.334% | $198K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06309 | +0.223% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06309 | +0.230% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06309 | +0.223% | $25K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06305 | +0.159% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06308 | +0.207% | $1.5M | $315K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06308 | +0.207% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06309 | +0.222% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06304 | +0.139% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06306 | +0.168% | $3K | $1K | 10x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06304 | +0.144% | — | — | 20x | as long as short |
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Reya PYTHRUSDPERP