Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: dYdX against Orderly−0.015%7-day average — · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PYTH_USDC_mythos | 0.06454 | 0.0100 | pay 0.0050% / 4h | 30m 07s | $2K | $2K | 10x |
| Short | dYdX PYTH-USD | 0.06453 | 0 | get 0.0000% / 1h | 30m 07s | $192K | $19 | 5x |
Orderly PERP_PYTH_USDC_mythos
dYdX PYTH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.015% → 0.000%
- −$1.49
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$38.49
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 29 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 dYdX live order book, 29 min ago | 31.53 bp | 60.2 bp −$60 | 155.7 bp −$1,557 | 295.6 bp −$29.6K | 1263.3 bp −$631.6K |
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 | −0.0293% | 1h | 0.06477 | +0.364% | $38K | $59K | 10x | as long as short |
| Gate PYTH_USDT | −0.0132% | 4h | 0.06456 | +0.034% | $1.1M | $513K | 75x | as long as short |
| dYdX PYTH-USDshort | 0.0000% | 1h | 0.06453 | −0.015% | $192K | $19 | 5x | |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06461 | +0.112% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.003% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0044% | 4h | 0.06393 | −0.942% | $427K | $80K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0058% | 4h | 0.06464 | +0.158% | $10.6M | $2.7M | 125x | as long as short |
| Aster PYTHUSDT | +0.0058% | 4h | 0.06449 | −0.080% | $21K | $44K | 10x | as long as short |
| Binance PYTHUSDT | +0.0063% | 4h | 0.06462 | +0.127% | $9.2M | $18.1M | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06470 | +0.251% | $195K | $208K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
MEXC PYTH_USDT
Aster PYTHUSDT
Binance 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 | 0.06456 | +0.036% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06446 | −0.126% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06481 | +0.420% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06467 | +0.205% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06467 | +0.205% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06464 | +0.158% | $1.5M | $346K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06472 | +0.282% | $2.8M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06468 | +0.220% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06387 | −1.029% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythoslong | +0.0100% | 4h | 0.06454 | long leg | $2K | $2K | 10x | |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06440 | −0.214% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06446 | −0.122% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0405% | 1h | 0.06470 | +0.256% | $395K | $288K | 25x | as long as short |
Aevo PYTH-PERP
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD