Funding you earn now, next payment 00:00 UTC−0.0259%/8h= −28.4% APRpaid last 24h +0.001%
Price spread now: BloFin against Paradex−0.039%93s7-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
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.039% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 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 | Paradex PYTH-USD-PERP | 0.06320 | 0.0100 | pay 0.0100% / 8h | 27m 17s | $3K | $56 | 10x |
| Short | BloFin PYTH-USDT | 0.06318 | −0.0160 | pay 0.0080% / 4h | 27m 17s | $421K | $114K | 75x |
Paradex PYTH-USD-PERP
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paradex. 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
- −$54.49
- Price spread: −0.039% → 0.000%
- −$3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.39
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 48 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 Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 48 min ago | 0.80 bp | 21.6 bp −$22 | 37.8 bp −$378 | 117.8 bp −$11.8K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0398% | 1h | 0.06329 | +0.141% | $377K | $264K | 25x | as long as short |
| BloFin PYTH-USDTshort | −0.0160% | 4h | 0.06318 | −0.039% | $421K | $114K | 75x | |
| Binance PYTHUSDT | −0.0155% | 4h | 0.06322 | +0.026% | $9.0M | $17.1M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0154% | 4h | 0.06323 | +0.040% | $9.5M | $2.4M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06329 | +0.133% | $188K | $19 | 5x | as long as short |
| Bybit PYTHUSDT | 0.0000% | 4h | 0.06325 | +0.072% | $7.5M | $4.8M | 50x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06332 | +0.183% | $10K | $10K | 10x | as long as short |
| Aster PYTHUSDT | +0.0011% | 4h | 0.06334 | +0.212% | $22K | $44K | 10x | as long as short |
| Gate PYTH_USDT | +0.0032% | 4h | 0.06321 | +0.008% | $1.1M | $474K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.957% | $553 | $220K | 5.5x | as long as short |
Kraken Futures PF_PYTHUSD
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Bybit PYTHUSDT
Deribit PYTH_USDC-PERPETUAL
Aster PYTHUSDT
Gate PYTH_USDT
Injective PYTH/USDC PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0040% | 1h | 0.06327 | +0.095% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06331 | +0.167% | $200K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERPlong | +0.0100% | 8h | 0.06320 | long leg | $3K | $56 | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06329 | +0.140% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06325 | +0.072% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06333 | +0.198% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06324 | +0.056% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06323 | +0.040% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06331 | +0.171% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06324 | +0.050% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06328 | +0.119% | $39K | $6K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06322 | +0.029% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0537% | 1h | 0.06332 | +0.184% | $36K | $89K | 10x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP