Funding you earn now, next payment 01:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h −0.027%
Price spread now: Paradex against Kraken Futures+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PYTHUSD | 0.06465 | −0.0134 | get 0.0017% / 1h | 10m 44s | $397K | $291K | 25x |
| Short | Paradex PYTH-USD-PERP | 0.06466 | 0.0100 | get 0.0100% / 8h | 7h 10m | $3K | — | 10x |
Kraken Futures PF_PYTHUSD
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Kraken Futures. 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
- $49.15
- Price spread: +0.019% → 0.000%
- $1.9
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $37.04
- Costs to cover
- 0.140%
- Break-even
- 1.7 days
Slippage unknown: Kraken Futures: live order book, 62 min ago; Paradex: 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 Kraken Futures live order book, 62 min ago | 7.12 bp | 21.1 bp −$21 | 334.4 bp −$3,344 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0149% | 4h | 0.06458 | −0.111% | $432K | $111K | 75x | as long as short |
| Kraken Futures PF_PYTHUSDlong | −0.0134% | 1h | 0.06465 | long leg | $397K | $291K | 25x | |
| Binance PYTHUSDT | −0.0118% | 4h | 0.06470 | +0.075% | $9.3M | $17.7M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0116% | 4h | 0.06469 | +0.059% | $9.8M | $2.4M | 125x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06505 | +0.616% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06476 | +0.168% | $192K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06472 | +0.106% | $10K | $10K | 10x | as long as short |
| Aster PYTHUSDT | +0.0019% | 4h | 0.06469 | +0.057% | $22K | $45K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.173% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06460 | −0.080% | $23K | — | 3x | as long as short |
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06483 | +0.276% | $203K | $199K | 5x | as long as short |
| Paradex PYTH-USD-PERPshort | +0.0100% | 8h | 0.06466 | +0.019% | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06479 | +0.208% | $2.1M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06473 | +0.121% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06471 | +0.090% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06471 | +0.090% | $1.1M | $481K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06476 | +0.168% | $1.5M | $326K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06470 | +0.075% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06470 | +0.075% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06461 | −0.058% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06473 | +0.120% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06463 | −0.041% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0951% | 1h | 0.06466 | +0.013% | $36K | $91K | 10x | as long as short |
Lighter PYTH
Hyperliquid PYTH
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
Backpack PYTH_USDC_PERP