Funding you earn now, next payment 04:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h —
Price spread now: Reya against Paradex+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.041% dearer against Paradex than usual: you sell high and buy low: +$4 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 | 0.06445 | 0.0100 | pay 0.0100% / 8h | 4h 00m | $3K | — | 10x |
| Short | Reya PYTHRUSDPERP | 0.06448 | 0.0302 | get 0.0038% / 1h | 0m 01s | — | — | 20x |
Paradex PYTH-USD-PERP
Reya PYTHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $42.53
- Price spread: +0.041% → 0.000%
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $36.59
- Costs to cover
- 0.100%
- Break-even
- 1.0 days
Slippage unknown: Paradex: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Paradex and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0082% | 4h | 0.06443 | −0.036% | $1.1M | $520K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0060% | 1h | 0.06459 | +0.212% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06456 | +0.161% | $192K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.876% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0060% | 4h | 0.06448 | +0.041% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0063% | 4h | 0.06445 | −0.004% | $9.3M | $18.3M | 75x | as long as short |
| Aster PYTHUSDT | +0.0074% | 4h | 0.06456 | +0.162% | $20K | $45K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0090% | 4h | 0.06456 | +0.165% | $433K | $81K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06459 | +0.212% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06455 | +0.150% | $23K | — | 3x | as long as short |
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Binance PYTHUSDT
Aster PYTHUSDT
BloFin 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-PERPlong | +0.0100% | 8h | 0.06445 | long leg | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06455 | +0.156% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06446 | +0.010% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06447 | +0.026% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06450 | +0.072% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06450 | +0.072% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06446 | +0.010% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06455 | +0.147% | $37K | $60K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06456 | +0.163% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06450 | +0.074% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06493 | +0.740% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06448 | +0.041% | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0406% | 1h | 0.06456 | +0.171% | $397K | $295K | 25x | 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
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD