Funding you earn now, next payment 22:00 UTC−0.0278%/8h= −30.4% APRpaid last 24h +0.028%
Price spread now: OKX against Deribit0.000%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: −$8 a day on $10k at the current rate. The two prices were read 56 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 | Deribit PYTH_USDC-PERPETUAL | 0.06375 | 0.0378 | pay 0.0047% / 1h | 55m 19s | $10K | $10K | 10x |
| Short | OKX PYTH-USDT-SWAP | 0.06375 | 0.0100 | get 0.0050% / 4h | 2h 55m | $2.1M | $3.3M | 50x |
Deribit PYTH_USDC-PERPETUAL
OKX PYTH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Deribit. 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
- −$58.35
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.35
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; OKX: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 3.15 bp | 16.1 bp −$16 | 91.0 bp −$910 | doesn't fit | doesn't fit |
Deribit: 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 | −0.0586% | 1h | 0.06350 | −0.392% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0215% | 1h | 0.06371 | −0.070% | $386K | $229K | 25x | as long as short |
| Gate PYTH_USDT | −0.0112% | 4h | 0.06357 | −0.282% | $1.1M | $462K | 75x | as long as short |
| Binance PYTHUSDT | −0.0023% | 4h | 0.06371 | −0.061% | $9.0M | $15.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0020% | 4h | 0.06369 | −0.094% | $9.4M | $2.4M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06362 | −0.205% | $189K | $19 | 5x | as long as short |
| BloFin PYTH-USDT | +0.0034% | 4h | 0.06363 | −0.188% | $421K | $123K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +0.878% | $40K | $9K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0072% | 1h | 0.06375 | 0.000% | $23K | — | 3x | as long as short |
| Bybit PYTHUSDT | +0.0076% | 4h | 0.06370 | −0.078% | $7.4M | $4.9M | 50x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERP
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06373 | −0.031% | $197K | $203K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0098% | 8h | 0.06361 | −0.227% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06377 | +0.031% | $1.7M | $1.4M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06371 | −0.065% | $20K | $26K | 10x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06375 | 0.000% | $2.1M | $3.3M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06370 | −0.078% | $1.5M | $319K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06368 | −0.110% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06369 | −0.094% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06358 | −0.267% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06372 | −0.050% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0288% | 1h | 0.06368 | −0.113% | $38K | $88K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06370 | −0.081% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUALlong | +0.0378% | 1h | 0.06375 | long leg | $10K | $10K | 10x |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP
Reya PYTHRUSDPERP