Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Orderly against Hyperliquid−0.014%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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06323 | 0.0100 | pay 0.0013% / 1h | 58m 09s | $2.0M | $1.6M | 5x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06322 | 0.0100 | get 0.0050% / 4h | 58m 09s | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.014% → 0.000%
- −$1.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: 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 Hyperliquid live order book, 3 min ago | 2.68 bp | 21.8 bp −$22 | 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 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 | +0.002% | $37K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0170% | 4h | 0.06318 | −0.084% | $1.0M | $503K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06333 | +0.149% | $188K | $19 | 5x | as long as short |
| BloFin PYTH-USDT | +0.0002% | 4h | 0.06331 | +0.122% | $428K | $86K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0014% | 4h | 0.06318 | −0.084% | $10.0M | $2.5M | 125x | as long as short |
| Binance PYTHUSDT | +0.0015% | 4h | 0.06313 | −0.166% | $9.0M | $17.9M | 75x | as long as short |
| Aster PYTHUSDT | +0.0017% | 4h | 0.06328 | +0.074% | $20K | $43K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.001% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06323 | −0.008% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06328 | +0.074% | $191K | $206K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06327 | +0.056% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06323 | long leg | $2.0M | $1.6M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06320 | −0.052% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06313 | −0.163% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06331 | +0.122% | $1.5M | $343K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06322 | −0.021% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06322 | −0.021% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06326 | +0.046% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06322 | −0.014% | $3K | $2K | 10x | |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06385 | +0.976% | $40K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06325 | +0.020% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0414% | 1h | 0.06327 | +0.062% | $386K | $294K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0698% | 1h | 0.06337 | +0.217% | $10K | $10K | 10x | as long as short |
Hyperliquid PYTH
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL