Funding you earn now, next payment 08:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h —
Price spread now: Kraken Futures against Reya+0.078%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
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.078% dearer against Reya than usual: you sell high and buy low: +$8 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 | Reya PYTHRUSDPERP | 0.06316 | 0.0302 | pay 0.0038% / 1h | 41m 40s | — | — | 20x |
| Short | Kraken Futures PF_PYTHUSD | 0.06321 | 0.0451 | get 0.0056% / 1h | 41m 40s | $383K | $309K | 25x |
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- $31.26
- Price spread: +0.078% → 0.000%
- $7.8
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $23.06
- Costs to cover
- 0.160%
- Break-even
- 1.8 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 61 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 61 min ago | 15.01 bp | 29.1 bp −$29 | 140.8 bp −$1,408 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PYTH-USD | 0.0000% | 1h | 0.06316 | −0.011% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06322 | +0.088% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0027% | 4h | 0.06305 | −0.181% | $423K | $72K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.893% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0066% | 4h | 0.06312 | −0.070% | $10.7M | $2.8M | 125x | as long as short |
| Binance PYTHUSDT | +0.0067% | 4h | 0.06316 | −0.006% | $8.9M | $19.5M | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06323 | +0.104% | $195K | $221K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06318 | +0.022% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06310 | −0.095% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06322 | +0.093% | $2.2M | $1.9M | 5x | as long as short |
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Binance PYTHUSDT
Lighter PYTH
Aevo PYTH-PERP
Paradex PYTH-USD-PERP
Hyperliquid PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PYTHUSDT | +0.0100% | 4h | 0.06313 | −0.053% | $21K | $46K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06318 | +0.025% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06320 | +0.057% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06311 | −0.086% | $1.0M | $536K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06315 | −0.022% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06314 | −0.038% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06314 | −0.038% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06323 | +0.106% | $35K | $66K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06320 | +0.053% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06316 | −0.010% | $2K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06316 | long leg | — | — | 20x | |
| Kraken Futures PF_PYTHUSDshort | +0.0451% | 1h | 0.06321 | +0.078% | $383K | $309K | 25x | |
| Coinbase International PYTH-PERP-INTX | +0.0472% | 1h | 0.06427 | +1.751% | $40K | $19K | 25x | as long as short |
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX