Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: BloFin against Orderly+0.434%52s7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. BloFin is 0.434% dearer against Orderly than usual: you sell high and buy low (spread +0.434% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PYTH_USDC_mythos | 0.06284 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $2K | $2K | 10x |
| Short | BloFin PYTH-USDT | 0.06311 | 0.0090 | get 0.0045% / 4h | 2h 42m | $351K | $75K | 75x |
Orderly PERP_PYTH_USDC_mythos
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- −$2.17
- Price spread: +0.434% → 0.000%
- $43.45
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $23.28
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 49 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 49 min ago | 4.69 bp | 12.1 bp −$12 | 32.7 bp −$327 | 109.9 bp −$11.0K | doesn't fit |
Orderly: 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 | −0.0446% | 1h | 0.06290 | +0.102% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0076% | 4h | 0.06272 | −0.186% | $1.0M | $525K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0068% | 1h | 0.06289 | +0.084% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06299 | +0.243% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.377% | $553 | $220K | 5.5x | as long as short |
| Binance PYTHUSDT | +0.0035% | 4h | 0.06279 | −0.071% | $9.0M | $18.6M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0040% | 4h | 0.06283 | −0.011% | $10.6M | $2.6M | 125x | as long as short |
| BloFin PYTH-USDTshort | +0.0090% | 4h | 0.06311 | +0.434% | $351K | $75K | 75x | |
| Lighter PYTH | +0.0096% | 1h | 0.06291 | +0.116% | $192K | $207K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06285 | +0.021% | $22K | — | 3x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
Binance PYTHUSDT
MEXC PYTH_USDT
Lighter PYTH
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06280 | −0.051% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06290 | +0.092% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06283 | −0.006% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06277 | −0.107% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06278 | −0.091% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06284 | +0.005% | $1.5M | $349K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06275 | −0.138% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06284 | +0.005% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06318 | +0.552% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythoslong | +0.0100% | 4h | 0.06284 | long leg | $2K | $2K | 10x | |
| Kraken Futures PF_PYTHUSD | +0.0237% | 1h | 0.06290 | +0.098% | $384K | $302K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06277 | −0.108% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +3.331% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX