PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.016%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.382% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.016%, 7d avg −0.001%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PYTH_USDT	0.06339	−0.0016	get 0.0008% / 4h	2h 40m	$9.4M	$2.4M	125x
Short	Binance PYTHUSDT	0.06338	−0.0017	pay 0.0008% / 4h	2h 40m	$9.1M	$15.9M	75x

Funding history

latest

Range statsloading…

Binance against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now −0.016%Rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 3 min ago	1.58 bp	5.9 bp −$6	14.4 bp −$144	88.1 bp −$8,805	199.8 bp −$99.9K
Sell Binance live order book, 15 min ago	1.57 bp	15.9 bp −$16	31.6 bp −$316	195.4 bp −$19.5K	doesn't fit

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	+0.174%	$561	$180K	5.5x	as long as short
Kraken Futures PF_PYTHUSD	−0.0216%	1h	0.06345	+0.094%	$384K	$240K	25x	as long as short
Bybit PYTHUSDT	−0.0144%	4h	0.06342	+0.047%	$7.5M	$5.0M	50x	as long as short
Gate PYTH_USDT	−0.0144%	4h	0.06335	−0.063%	$1.1M	$464K	75x	as long as short
BloFin PYTH-USDT	−0.0073%	4h	0.06333	−0.095%	$426K	$121K	75x	as long as short
Binance PYTHUSDTshort	−0.0017%	4h	0.06338	−0.016%	$9.1M	$15.9M	75x
MEXC PYTH_USDTlong	−0.0016%	4h	0.06339	long leg	$9.4M	$2.4M	125x
dYdX PYTH-USD	0.0000%	1h	0.06347	+0.126%	$188K	$19	5x	as long as short
Deribit PYTH_USDC-PERPETUAL	0.0000%	1h	0.06351	+0.189%	$10K	$10K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0048%	1h	0.06431	+1.451%	$40K	$6K	25x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PYTH-PERP	+0.0080%	1h	0.06340	+0.016%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06348	+0.142%	$196K	$205K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0099%	8h	0.06336	−0.053%	$3K	$56	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06345	+0.098%	$1.7M	$1.4M	5x	as long as short
Aster PYTHUSDT	+0.0100%	4h	0.06337	−0.032%	$20K	$24K	10x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06339	0.000%	$2.1M	$3.3M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06341	+0.032%	$1.5M	$308K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06345	+0.095%	$2.6M	$1.9M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06339	0.000%	—	$2.8M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06334	−0.086%	$44K	$23K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06341	+0.030%	$3K	$1K	10x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06340	+0.018%	—	—	20x	as long as short
Backpack PYTH_USDC_PERP	+0.0334%	1h	0.06342	+0.047%	$38K	$88K	10x	as long as short