PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0178%/8h= +19.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.016%

Price spread now: Orderly against Gate+0.210%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

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 +$5 a day on $10k at the current rate, and Orderly is 0.210% dearer against Gate than usual: you sell high and buy low: +$21 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	0.06333	−0.0078	get 0.0039% / 4h	2h 18m	$1.0M	$499K	75x
Short	Orderly PERP_PYTH_USDC_mythos	0.06346	0.0100	get 0.0050% / 4h	2h 18m	$3K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee OrderlybpOrdersPrice spread, now +0.210%Rate

Funding earned: $37.38
Price spread: +0.210% → 0.000%: $21
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $37.38
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Gate: live order book, 3 min ago; Orderly: 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, 3 min ago	3.94 bp	34.4 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 22 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
Binance PYTHUSDT	−0.0089%	4h	0.06351	+0.282%	$9.1M	$17.8M	75x	as long as short
MEXC PYTH_USDT	−0.0082%	4h	0.06352	+0.300%	$9.6M	$2.4M	125x	as long as short
Gate PYTH_USDTlong	−0.0078%	4h	0.06333	long leg	$1.0M	$499K	75x
Coinbase International PYTH-PERP-INTX	−0.0064%	1h	0.06418	+1.342%	$40K	$18K	25x	as long as short
Aster PYTHUSDT	−0.0021%	4h	0.06350	+0.268%	$20K	$46K	10x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06346	+0.201%	$188K	$19	5x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.153%	$553	$220K	5.5x	as long as short
Aevo PYTH-PERP	+0.0064%	1h	0.06346	+0.202%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06355	+0.347%	$190K	$206K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06336	+0.041%	$3K	—	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PYTH	+0.0100%	1h	0.06356	+0.363%	$2.0M	$1.7M	5x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06352	+0.300%	$7.5M	$4.9M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06356	+0.363%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06347	+0.221%	$1.5M	$341K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06355	+0.347%	$2.7M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06351	+0.284%	—	$2.8M	—	as long as short
Backpack PYTH_USDC_PERP	+0.0100%	1h	0.06356	+0.366%	$39K	$93K	10x	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06358	+0.400%	$38K	$27K	—	as long as short
Orderly PERP_PYTH_USDC_mythosshort	+0.0100%	4h	0.06346	+0.210%	$3K	$2K	10x
Reya PYTHRUSDPERP	+0.0302%	1h	0.06345	+0.192%	—	—	20x	as long as short
Kraken Futures PF_PYTHUSD	+0.0377%	1h	0.06352	+0.298%	$388K	$291K	25x	as long as short
Deribit PYTH_USDC-PERPETUAL	+0.0537%	1h	0.06356	+0.363%	$10K	$10K	10x	as long as short