Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.001%
Price spread now: Paradex against KuCoin−0.058%7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.058% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PYTHUSDTM | 0.06338 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $1.5M | $304K | 50x |
| Short | Paradex PYTH-USD-PERP | 0.06334 | 0.0099 | get 0.0099% / 8h | 2h 27m | $3K | $56 | 10x |
KuCoin PYTHUSDTM
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.22
- Price spread: −0.058% → 0.000%
- −$5.81
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$22.03
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 14.20 bp | 117.6 bp −$118 | 711.9 bp −$7,119 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | +0.189% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06336 | −0.035% | $383K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0058% | 4h | 0.06332 | −0.095% | $1.1M | $465K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0030% | 4h | 0.06332 | −0.095% | $425K | $117K | 75x | as long as short |
| Bybit PYTHUSDT | −0.0010% | 4h | 0.06336 | −0.032% | $7.4M | $4.9M | 50x | as long as short |
| MEXC PYTH_USDT | −0.0006% | 4h | 0.06333 | −0.079% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0004% | 4h | 0.06333 | −0.080% | $9.1M | $15.9M | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06340 | +0.027% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06341 | +0.047% | $10K | $10K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.467% | $40K | $6K | 25x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
BloFin PYTH-USDT
Bybit PYTHUSDT
MEXC PYTH_USDT
Binance PYTHUSDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Coinbase International PYTH-PERP-INTXShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06333 | −0.084% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06344 | +0.095% | $196K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERPshort | +0.0099% | 8h | 0.06334 | −0.058% | $3K | $56 | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06341 | +0.055% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06337 | −0.016% | $20K | $24K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06338 | 0.000% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06338 | long leg | $1.5M | $304K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06337 | −0.016% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06338 | 0.000% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06335 | −0.044% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06336 | −0.036% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0201% | 1h | 0.06343 | +0.080% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06333 | −0.074% | — | — | 20x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP
Reya PYTHRUSDPERP