Funding you earn now, next payment 03:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against Coinbase International−0.551%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.551% cheaper against Coinbase International than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PYTH-PERP-INTX | 0.06385 | 0.0104 | pay 0.0013% / 1h | 54m 46s | $40K | $18K | 25x |
| Short | Aevo PYTH-PERP | 0.06350 | 0.0088 | get 0.0011% / 1h | 54m 46s | $23K | — | 3x |
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Coinbase International. 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
- −$3.36
- Price spread: −0.551% → 0.000%
- −$55.13
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$84.49
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aevo: 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Coinbase International and Aevo: 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 | −0.0272% | 1h | 0.06358 | −0.424% | $38K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0186% | 4h | 0.06343 | −0.658% | $1.0M | $503K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06350 | −0.549% | $189K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0018% | 4h | 0.06345 | −0.626% | $10.1M | $2.5M | 125x | as long as short |
| Aster PYTHUSDT | +0.0021% | 4h | 0.06346 | −0.603% | $20K | $43K | 10x | as long as short |
| Binance PYTHUSDT | +0.0025% | 4h | 0.06343 | −0.661% | $9.1M | $17.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.958% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0077% | 4h | 0.06339 | −0.720% | $429K | $84K | 75x | as long as short |
| Aevo PYTH-PERPshort | +0.0088% | 1h | 0.06350 | −0.551% | $23K | — | 3x | |
| Lighter PYTH | +0.0096% | 1h | 0.06356 | −0.454% | $191K | $206K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Aster PYTHUSDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
BloFin PYTH-USDT
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 | 0.06348 | −0.583% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06356 | −0.453% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06347 | −0.595% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06347 | −0.595% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06350 | −0.548% | $1.5M | $343K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06348 | −0.579% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06348 | −0.579% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06349 | −0.565% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06350 | −0.551% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXlong | +0.0104% | 1h | 0.06385 | long leg | $40K | $18K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06339 | −0.713% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0412% | 1h | 0.06354 | −0.491% | $387K | $294K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1010% | 1h | 0.06359 | −0.407% | $10K | $10K | 10x | as long as short |
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
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL