Funding you earn now, next payment 23:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.002%
Price spread now: MEXC against Coinbase International+0.016%7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PYTH-PERP-INTX | 0.06328 | 0.0176 | pay 0.0022% / 1h | 32m 30s | $39K | $6K | 25x |
| Short | MEXC PYTH_USDT | 0.06329 | −0.0132 | pay 0.0066% / 4h | 32m 30s | $9.5M | $2.4M | 125x |
Coinbase International PYTH-PERP-INTX
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$64.68
- Price spread: +0.016% → 0.000%
- $1.58
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$73.1
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 6 min ago. 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 MEXC live order book, 6 min ago | 1.58 bp | 5.9 bp −$6 | 8.1 bp −$81 | 84.7 bp −$8,469 | 206.5 bp −$103.2K |
Coinbase International: 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 | −0.0398% | 1h | 0.06338 | +0.153% | $377K | $264K | 25x | as long as short |
| BloFin PYTH-USDT | −0.0173% | 4h | 0.06322 | −0.095% | $422K | $114K | 75x | as long as short |
| Binance PYTHUSDT | −0.0137% | 4h | 0.06330 | +0.032% | $9.0M | $17.1M | 75x | as long as short |
| MEXC PYTH_USDTshort | −0.0132% | 4h | 0.06329 | +0.016% | $9.5M | $2.4M | 125x | |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06335 | +0.109% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06341 | +0.205% | $10K | $10K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0022% | 4h | 0.06331 | +0.047% | $7.5M | $4.8M | 50x | as long as short |
| Aster PYTHUSDT | +0.0023% | 4h | 0.06339 | +0.166% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.075% | $553 | $220K | 5.5x | as long as short |
| Gate PYTH_USDT | +0.0034% | 4h | 0.06324 | −0.063% | $1.1M | $474K | 75x | as long as short |
Kraken Futures PF_PYTHUSD
BloFin PYTH-USDT
Binance PYTHUSDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Bybit PYTHUSDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Gate PYTH_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06335 | +0.111% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06339 | +0.174% | $201K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06329 | +0.021% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06335 | +0.112% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06333 | +0.079% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06338 | +0.158% | $1.5M | $313K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06331 | +0.047% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06331 | +0.047% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06327 | −0.011% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06332 | +0.062% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXlong | +0.0176% | 1h | 0.06328 | long leg | $39K | $6K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06330 | +0.039% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0511% | 1h | 0.06339 | +0.177% | $36K | $89K | 10x | as long as short |
Aevo PYTH-PERP
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
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP