Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.093%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$487as in the Price arb table
costs, in and out, $10k−$4814.812% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.093%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.055% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PYTHUSDTM | 0.06467 | 0.0100 | pay 0.0050% / 4h | 28m 56s | $1.6M | $350K | 50x |
| Short | BingX PYTH-USDT | 0.06461 | 0.0100 | get 0.0050% / 4h | 28m 56s | — | $2.7M | — |
KuCoin PYTHUSDTM
BingX PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0
- Price spread: −0.093% → −0.038%
- −$5.52
- Slippage, 4 orders
- −$459.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$486.77
- Costs to cover
- 4.812%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 5 min ago.
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, 2 min ago | 10.07 bp | 378.7 bp −$379 | 968.4 bp −$9,684 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.72 bp | 20.4 bp −$20 | 48.9 bp −$489 | 207.5 bp −$20.7K | 495.2 bp −$247.6K |
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 | −0.0252% | 1h | 0.06469 | +0.028% | $38K | $59K | 10x | as long as short |
| Gate PYTH_USDT | −0.0126% | 4h | 0.06456 | −0.170% | $1.1M | $513K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06467 | −0.004% | $192K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06470 | +0.046% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.201% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0054% | 4h | 0.06457 | −0.155% | $423K | $81K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0062% | 4h | 0.06457 | −0.155% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0063% | 4h | 0.06458 | −0.138% | $9.2M | $18.2M | 75x | as long as short |
| Aster PYTHUSDT | +0.0069% | 4h | 0.06468 | +0.013% | $21K | $44K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06473 | +0.093% | $195K | $208K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Aster PYTHUSDT
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06465 | −0.031% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06453 | −0.210% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06471 | +0.065% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06464 | −0.046% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06460 | −0.108% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06467 | long leg | $1.6M | $350K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06463 | −0.062% | $2.8M | $2.2M | 75x | as long as short |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06461 | −0.093% | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06387 | −1.231% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06470 | +0.046% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06469 | +0.031% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06466 | −0.009% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0404% | 1h | 0.06476 | +0.139% | $395K | $288K | 25x | as long as short |
Aevo PYTH-PERP
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD