Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against Bybit−0.031%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.031%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PYTHUSDT | 0.06367 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $7.6M | $4.7M | 50x |
| Short | BingX PYTH-USDT | 0.06365 | 0.0100 | get 0.0050% / 4h | 1h 20m | — | $2.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $0
- Price spread: −0.031% → −0.015%
- −$1.6
- Slippage, 4 orders
- −$91.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$114.42
- Costs to cover
- 1.128%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 4 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 Bybit live order book, 2 min ago | 1.57 bp | 36.2 bp −$36 | 91.3 bp −$913 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.94 bp | 20.2 bp −$20 | 42.8 bp −$428 | 197.5 bp −$19.8K | 434.3 bp −$217.2K |
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 | +0.146% | $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-USDT | −0.0013% | 4h | 0.06371 | +0.063% | $353K | $87K | 75x | as long as short |
| Binance PYTHUSDT | −0.0005% | 4h | 0.06364 | −0.047% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0004% | 4h | 0.06368 | +0.016% | $9.5M | $2.5M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06373 | +0.090% | $189K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0014% | 4h | 0.06377 | +0.161% | $20K | $46K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.681% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06371 | +0.068% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06375 | +0.126% | $191K | $204K | 5x | as long as short |
Show 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 | −0.161% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06378 | +0.166% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDTlong | +0.0100% | 4h | 0.06367 | long leg | $7.6M | $4.7M | 50x | |
| 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 | +0.063% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06361 | −0.094% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06365 | −0.031% | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06367 | −0.003% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06374 | +0.104% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06385 | +0.283% | $40K | $18K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0221% | 1h | 0.06374 | +0.110% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0300% | 1h | 0.06375 | +0.129% | $389K | $291K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06371 | +0.058% | — | — | 20x | as long as short |
Bybit PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
Variational Omni PYTH
Coinbase International PYTH-PERP-INTX
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD