Funding you earn now, next payment 04:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h −0.015%
Price spread now: Gate against Paradex−0.196%7-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 −$5 a day on $10k at the current rate, and Gate is 0.196% cheaper against Paradex than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PYTH-USD-PERP | 0.06347 | 0.0100 | pay 0.0100% / 8h | 6h 10m | $3K | — | 10x |
| Short | Gate PYTH_USDT | 0.06335 | −0.0056 | pay 0.0028% / 4h | 2h 10m | $1.0M | $500K | 75x |
Paradex PYTH-USD-PERP
Gate PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$32.69
- Price spread: −0.196% → 0.000%
- −$19.58
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.27
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 3.15 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | 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 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 | 0.06338 | −0.149% | $9.6M | $2.4M | 125x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06369 | +0.340% | $39K | $18K | 25x | as long as short |
| Binance PYTHUSDT | −0.0061% | 4h | 0.06335 | −0.200% | $9.1M | $17.8M | 75x | as long as short |
| Gate PYTH_USDTshort | −0.0056% | 4h | 0.06335 | −0.196% | $1.0M | $500K | 75x | |
| Aster PYTHUSDT | 0.0000% | 4h | 0.06350 | +0.041% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06356 | +0.131% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.377% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0064% | 1h | 0.06340 | −0.112% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06348 | +0.009% | $191K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERPlong | +0.0100% | 8h | 0.06347 | long leg | $3K | — | 10x |
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
Binance PYTHUSDT
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06342 | −0.079% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06338 | −0.149% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06336 | −0.180% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06344 | −0.054% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06339 | −0.133% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06336 | −0.180% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06340 | −0.111% | $39K | $93K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06357 | +0.149% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06343 | −0.063% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06343 | −0.063% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0378% | 1h | 0.06347 | −0.010% | $388K | $292K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0537% | 1h | 0.06356 | +0.135% | $10K | $10K | 10x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL