Funding you earn now, next payment 04:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against KuCoin−0.038%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (−$4 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 | KuCoin PYTHUSDTM | 0.06396 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.5M | $342K | 50x |
| Short | Aster PYTHUSDT | 0.06394 | 0.0019 | get 0.0009% / 4h | 1h 17m | $20K | $46K | 10x |
KuCoin PYTHUSDTM
Aster PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$17.01
- Price spread: −0.038% → 0.000%
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$40.77
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 8 min ago; Aster: 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 KuCoin live order book, 8 min ago | 10.26 bp | 100.4 bp −$100 | 924.6 bp −$9,246 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | −0.0363% | 1h | 0.06402 | +0.102% | $39K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0202% | 4h | 0.06385 | −0.172% | $1.0M | $503K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0024% | 4h | 0.06371 | −0.391% | $353K | $87K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06383 | −0.207% | $190K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | 0.0000% | 4h | 0.06392 | −0.063% | $9.5M | $2.5M | 125x | as long as short |
| Binance PYTHUSDT | +0.0004% | 4h | 0.06390 | −0.088% | $9.2M | $17.8M | 75x | as long as short |
| Aster PYTHUSDTshort | +0.0019% | 4h | 0.06394 | −0.038% | $20K | $46K | 10x | |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.126% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06388 | −0.130% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06404 | +0.125% | $192K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06373 | −0.356% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06396 | −0.005% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06390 | −0.094% | $7.6M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06386 | −0.156% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06396 | long leg | $1.5M | $342K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06395 | −0.016% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06392 | −0.063% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06367 | −0.456% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06388 | −0.133% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06385 | −0.172% | $40K | $18K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0299% | 1h | 0.06398 | +0.031% | $390K | $291K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06391 | −0.076% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0376% | 1h | 0.06395 | −0.016% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL