Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against OKX+0.016%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.016%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06348 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $2.1M | $3.4M | 50x |
| Short | Bybit PYTHUSDT | 0.06349 | 0.0100 | get 0.0050% / 4h | 2h 10m | $7.5M | $4.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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: +0.016% → +0.002%
- $1.37
- Slippage, 4 orders
- −$80.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.51
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 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 OKX live order book, 2 min ago | 2.36 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.58 bp | 33.6 bp −$34 | 94.0 bp −$940 | doesn't fit | doesn't fit |
PYTH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PYTH_USDT | −0.0066% | 4h | 0.06346 | −0.032% | $9.6M | $2.4M | 125x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06369 | +0.331% | $39K | $18K | 25x | as long as short |
| Binance PYTHUSDT | −0.0061% | 4h | 0.06345 | −0.053% | $9.1M | $17.8M | 75x | as long as short |
| Gate PYTH_USDT | −0.0040% | 4h | 0.06355 | +0.110% | $1.0M | $500K | 75x | as long as short |
| Aster PYTHUSDT | 0.0000% | 4h | 0.06361 | +0.208% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06356 | +0.122% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.386% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0064% | 1h | 0.06361 | +0.198% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06358 | +0.158% | $191K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06347 | −0.009% | $3K | — | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06364 | +0.258% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDTshort | +0.0100% | 4h | 0.06349 | +0.016% | $7.5M | $4.8M | 50x | |
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06348 | long leg | $2.1M | $3.4M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06357 | +0.142% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06351 | +0.047% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06358 | +0.158% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06371 | +0.365% | $39K | $93K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06357 | +0.140% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06362 | +0.225% | $3K | $2K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0221% | 1h | 0.06374 | +0.410% | $10K | $10K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06354 | +0.101% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0376% | 1h | 0.06375 | +0.419% | $389K | $292K | 25x | as long as short |
OKX PYTH-USDT-SWAP
Bybit PYTHUSDT
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
Binance PYTHUSDT
Gate PYTH_USDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD