Funding you earn now, next payment 22:00 UTC−0.0202%/8h= −22.2% APRpaid last 24h —
Price spread now: KuCoin against Reya+0.067%49s7-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
=The price spread pays, funding is against you. KuCoin is 0.067% dearer against Reya than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. The two prices were read 49 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 | Reya PYTHRUSDPERP | 0.06334 | 0.0302 | pay 0.0038% / 1h | 27m 41s | — | — | 20x |
| Short | KuCoin PYTHUSDTM | 0.06338 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.5M | $304K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$42.51
- Price spread: +0.067% → 0.000%
- $6.67
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.85
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 14.20 bp | 123.3 bp −$123 | 603.0 bp −$6,030 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | +0.256% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06338 | +0.074% | $384K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0068% | 4h | 0.06332 | −0.028% | $1.1M | $465K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0035% | 4h | 0.06325 | −0.139% | $424K | $117K | 75x | as long as short |
| Bybit PYTHUSDT | −0.0010% | 4h | 0.06336 | +0.035% | $7.4M | $4.9M | 50x | as long as short |
| MEXC PYTH_USDT | −0.0006% | 4h | 0.06334 | +0.003% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0004% | 4h | 0.06333 | −0.006% | $9.1M | $15.9M | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06340 | +0.093% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06341 | +0.114% | $10K | $10K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.535% | $40K | $6K | 25x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06332 | −0.028% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06344 | +0.161% | $196K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06334 | +0.008% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06340 | +0.101% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06337 | +0.051% | $20K | $24K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06337 | +0.051% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06338 | +0.067% | $1.5M | $304K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06335 | +0.019% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06335 | +0.019% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06335 | +0.023% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06335 | +0.018% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0204% | 1h | 0.06341 | +0.116% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06334 | long leg | — | — | 20x |
KuCoin PYTHUSDTM
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
BloFin PYTH-USDT
Bybit PYTHUSDT
MEXC PYTH_USDT
Binance PYTHUSDT
Deribit PYTH_USDC-PERPETUAL
Coinbase International PYTH-PERP-INTX
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Backpack PYTH_USDC_PERP