Funding you earn now, next payment 02:00 UTC+0.0269%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h —
Price spread now: Reya against Injective+1.305%112s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 1.305% dearer against Injective than usual: you sell high and buy low: +$131 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 112 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 | Injective PYTH/USDC PERP | 0.06260 | 0.0033 | pay 0.0004% / 1h | 7m 32s | $553 | $220K | 5.5x |
| Short | Reya PYTHRUSDPERP | 0.06342 | 0.0302 | get 0.0038% / 1h | 7m 32s | — | — | 20x |
Injective PYTH/USDC PERP
Reya PYTHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Injective. 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
- $56.51
- Price spread: +1.305% → 0.000%
- $130.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $181.01
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Injective and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0070% | 4h | 0.06334 | +1.182% | $1.0M | $501K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06369 | +1.741% | $39K | $18K | 25x | as long as short |
| Binance PYTHUSDT | −0.0062% | 4h | 0.06346 | +1.374% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0062% | 4h | 0.06344 | +1.342% | $9.6M | $2.4M | 125x | as long as short |
| Aster PYTHUSDT | −0.0013% | 4h | 0.06349 | +1.430% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06354 | +1.497% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERPlong | +0.0033% | 1h | 0.06260 | long leg | $553 | $220K | 5.5x | |
| Aevo PYTH-PERP | +0.0064% | 1h | 0.06350 | +1.438% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06360 | +1.597% | $191K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06344 | +1.336% | $3K | — | 10x | as long as short |
Gate PYTH_USDT
Coinbase International PYTH-PERP-INTX
Binance PYTHUSDT
MEXC PYTH_USDT
Aster PYTHUSDT
dYdX PYTH-USD
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06349 | +1.425% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06344 | +1.342% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06340 | +1.278% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06348 | +1.406% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06344 | +1.342% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06342 | +1.310% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06353 | +1.490% | $39K | $92K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06357 | +1.548% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06345 | +1.356% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06342 | +1.305% | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0377% | 1h | 0.06352 | +1.472% | $388K | $292K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0852% | 1h | 0.06358 | +1.565% | $10K | $10K | 10x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL