Funding you earn now, next payment 01:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h —
Price spread now: Reya against Gate−0.199%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.199% cheaper against Gate than usual: you would sell low and buy high (spread −0.199% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 3.3 days of funding at the current rate (+$6 a day). The two prices were read 47 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 | Gate PYTH_USDT | 0.06397 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $1.1M | $472K | 75x |
| Short | Reya PYTHRUSDPERP | 0.06384 | 0.0302 | get 0.0038% / 1h | 20m 44s | — | — | 20x |
Gate PYTH_USDT
Reya PYTHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $42.51
- Price spread: −0.199% → 0.000%
- −$19.89
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $1.62
- Costs to cover
- 0.210%
- Break-even
- 6.7 days
Slippage unknown: Gate: live order book, 1 min ago; Reya: 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, 1 min ago | 3.91 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.0169% | 4h | 0.06381 | −0.250% | $425K | $110K | 75x | as long as short |
| Binance PYTHUSDT | −0.0142% | 4h | 0.06391 | −0.100% | $9.2M | $17.5M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0136% | 4h | 0.06392 | −0.078% | $9.7M | $2.4M | 125x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0136% | 1h | 0.06392 | −0.081% | $393K | $291K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06415 | +0.281% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06400 | +0.046% | $190K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0011% | 4h | 0.06394 | −0.043% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.142% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06387 | −0.163% | $23K | — | 3x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0063% | 1h | 0.06393 | −0.063% | $10K | $10K | 10x | as long as short |
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Deribit PYTH_USDC-PERPETUALShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06403 | +0.094% | $201K | $199K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06389 | −0.128% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06401 | +0.067% | $1.9M | $1.5M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06397 | 0.000% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06393 | −0.063% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDTlong | +0.0100% | 4h | 0.06397 | long leg | $1.1M | $472K | 75x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06400 | +0.047% | $1.5M | $325K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06394 | −0.047% | $2.6M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06396 | −0.016% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06388 | −0.142% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06387 | −0.153% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06384 | −0.199% | — | — | 20x | |
| Backpack PYTH_USDC_PERP | +0.0926% | 1h | 0.06393 | −0.058% | $35K | $91K | 10x | as long as short |
Lighter PYTH
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
Backpack PYTH_USDC_PERP