Funding you earn now, next payment 02:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Hyperliquid−0.220%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.220% cheaper against Hyperliquid than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06395 | 0.0100 | pay 0.0013% / 1h | 52m 19s | $2.0M | $1.6M | 5x |
| Short | Aevo PYTH-PERP | 0.06381 | 0.0048 | get 0.0006% / 1h | 52m 19s | $23K | — | 3x |
Hyperliquid PYTH
Aevo PYTH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$10.92
- Price spread: −0.220% → 0.000%
- −$22.05
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$57.97
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Aevo: 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 Hyperliquid live order book, 9 min ago | 3.83 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PYTHUSDT | −0.0121% | 4h | 0.06385 | −0.164% | $9.2M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0120% | 4h | 0.06387 | −0.127% | $9.7M | $2.4M | 125x | as long as short |
| BloFin PYTH-USDT | −0.0078% | 4h | 0.06334 | −0.955% | $429K | $112K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06371 | −0.377% | $40K | $18K | 25x | as long as short |
| Aster PYTHUSDT | −0.0012% | 4h | 0.06377 | −0.277% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06376 | −0.298% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.113% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERPshort | +0.0048% | 1h | 0.06381 | −0.220% | $23K | — | 3x | |
| Lighter PYTH | +0.0096% | 1h | 0.06393 | −0.033% | $191K | $204K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06392 | −0.044% | $3K | — | 10x | as long as short |
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06395 | long leg | $2.0M | $1.6M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06392 | −0.048% | $7.6M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06382 | −0.205% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06379 | −0.252% | $1.1M | $489K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06389 | −0.095% | $1.5M | $333K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06390 | −0.080% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06387 | −0.127% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06342 | −0.838% | $38K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06384 | −0.166% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06387 | −0.134% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0375% | 1h | 0.06396 | +0.020% | $393K | $291K | 25x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0567% | 1h | 0.06389 | −0.097% | $38K | $93K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1002% | 1h | 0.06399 | +0.061% | $10K | $10K | 10x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL