Funding you earn now, next payment 00:00 UTC+0.0289%/8h= +31.6% APRpaid last 24h −0.001%
Price spread now: Paradex against BloFin+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Paradex is 0.087% dearer against BloFin than usual: you sell high and buy low: +$9 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 | 0.06312 | −0.0189 | get 0.0095% / 4h | 4m 25s | $420K | $114K | 75x |
| Short | Paradex PYTH-USD-PERP | 0.06317 | 0.0099 | get 0.0099% / 8h | 4m 25s | $3K | $56 | 10x |
BloFin PYTH-USDT
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $60.64
- Price spread: +0.087% → 0.000%
- $8.68
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $53.32
- Costs to cover
- 0.160%
- Break-even
- 0.8 days
Slippage unknown: BloFin: live order book, 6 min ago; Paradex: 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, 6 min ago | 0.79 bp | 11.0 bp −$11 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0399% | 1h | 0.06320 | +0.119% | $376K | $264K | 25x | as long as short |
| MEXC PYTH_USDT | −0.0196% | 4h | 0.06325 | +0.206% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0196% | 4h | 0.06324 | +0.190% | $9.0M | $17.2M | 75x | as long as short |
| BloFin PYTH-USDTlong | −0.0189% | 4h | 0.06312 | long leg | $420K | $114K | 75x | |
| Aster PYTHUSDT | −0.0023% | 4h | 0.06331 | +0.302% | $22K | $44K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06327 | +0.235% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06320 | +0.127% | $10K | $10K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0032% | 1h | 0.06325 | +0.211% | $23K | — | 3x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.824% | $553 | $220K | 5.5x | as long as short |
| Bybit PYTHUSDT | +0.0034% | 4h | 0.06328 | +0.253% | $7.5M | $4.8M | 50x | as long as short |
Kraken Futures PF_PYTHUSD
MEXC PYTH_USDT
Binance PYTHUSDT
Aster PYTHUSDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Aevo PYTH-PERP
Injective PYTH/USDC PERP
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | +0.0046% | 4h | 0.06318 | +0.095% | $1.1M | $477K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06330 | +0.285% | $201K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERPshort | +0.0099% | 8h | 0.06317 | +0.087% | $3K | $56 | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06333 | +0.339% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06324 | +0.190% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06327 | +0.238% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06326 | +0.222% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06327 | +0.238% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06312 | −0.006% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06325 | +0.204% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06324 | +0.190% | $39K | $6K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06326 | +0.216% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0504% | 1h | 0.06323 | +0.173% | $36K | $89K | 10x | as long as short |
Gate PYTH_USDT
Lighter PYTH
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
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP