Funding you earn now, next payment 02:00 UTC+0.1065%/8h= +116.6% APRpaid last 24h −0.008%
Price spread now: Deribit against Paradex+0.471%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Deribit is 0.471% dearer against Paradex than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PYTH-USD-PERP | 0.06340 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $3K | — | 10x |
| Short | Deribit PYTH_USDC-PERPETUAL | 0.06370 | 0.1165 | get 0.0146% / 1h | 53m 46s | $10K | $10K | 10x |
Paradex PYTH-USD-PERP
Deribit PYTH_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $223.67
- Price spread: +0.471% → 0.000%
- $47.13
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $259.81
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample | — | — | — | — | — |
Paradex and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PYTHUSDT | −0.0121% | 4h | 0.06361 | +0.329% | $9.2M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0120% | 4h | 0.06362 | +0.345% | $9.6M | $2.4M | 125x | as long as short |
| BloFin PYTH-USDT | −0.0081% | 4h | 0.06339 | −0.018% | $428K | $112K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06505 | +2.601% | $40K | $18K | 25x | as long as short |
| Aster PYTHUSDT | −0.0020% | 4h | 0.06350 | +0.156% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06354 | +0.219% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.264% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06358 | +0.288% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06371 | +0.487% | $190K | $204K | 5x | as long as short |
| Paradex PYTH-USD-PERPlong | +0.0100% | 8h | 0.06340 | long leg | $3K | — | 10x |
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06367 | +0.430% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06358 | +0.282% | $7.6M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06358 | +0.282% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06354 | +0.219% | $1.1M | $489K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06361 | +0.329% | $1.5M | $333K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06359 | +0.298% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06361 | +0.329% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06342 | +0.022% | $38K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06351 | +0.169% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06339 | −0.021% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0376% | 1h | 0.06367 | +0.419% | $391K | $291K | 25x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0531% | 1h | 0.06361 | +0.329% | $38K | $93K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUALshort | +0.1165% | 1h | 0.06370 | +0.471% | $10K | $10K | 10x |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Backpack PYTH_USDC_PERP