Funding you earn now, next payment 03:00 UTC+0.0302%/8h= +33.1% APRpaid last 24h +0.011%
Price spread now: Coinbase International against Gate+1.141%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
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 1.141% dearer against Gate than usual: you sell high and buy low: +$114 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 | Gate PYTH_USDT | 0.06313 | −0.0198 | get 0.0099% / 4h | 57m 10s | $1.0M | $503K | 75x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06385 | 0.0104 | get 0.0013% / 1h | 57m 10s | $40K | $18K | 25x |
Gate PYTH_USDT
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $63.42
- Price spread: +1.141% → 0.000%
- $114.05
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $152.47
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 5 min ago; Coinbase International: 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 Gate live order book, 5 min ago | 5.54 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0320% | 1h | 0.06323 | +0.165% | $37K | $50K | 10x | as long as short |
| Gate PYTH_USDTlong | −0.0198% | 4h | 0.06313 | long leg | $1.0M | $503K | 75x | |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06307 | −0.096% | $187K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0014% | 4h | 0.06326 | +0.206% | $10.0M | $2.5M | 125x | as long as short |
| Aster PYTHUSDT | +0.0015% | 4h | 0.06326 | +0.212% | $20K | $43K | 10x | as long as short |
| Binance PYTHUSDT | +0.0015% | 4h | 0.06326 | +0.206% | $9.1M | $17.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.840% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0060% | 4h | 0.06304 | −0.143% | $426K | $86K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06329 | +0.255% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06336 | +0.364% | $191K | $206K | 5x | as long as short |
Backpack PYTH_USDC_PERP
dYdX PYTH-USD
MEXC PYTH_USDT
Aster PYTHUSDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Aevo PYTH-PERP
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 | 0.06298 | −0.231% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06329 | +0.260% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06328 | +0.238% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06330 | +0.269% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06325 | +0.190% | $1.5M | $343K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06341 | +0.444% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06322 | +0.143% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06326 | +0.209% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06326 | +0.212% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0104% | 1h | 0.06385 | +1.141% | $40K | $18K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06322 | +0.139% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0413% | 1h | 0.06338 | +0.400% | $386K | $294K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1330% | 1h | 0.06341 | +0.444% | $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