Funding you earn now, next payment 05:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h —
Price spread now: MEXC against Reya−0.184%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.184% cheaper against Reya than usual: you would sell low and buy high (−$18 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 | Reya PYTHRUSDPERP | 0.06352 | 0.0302 | pay 0.0038% / 1h | 10m 49s | — | — | 20x |
| Short | MEXC PYTH_USDT | 0.06340 | 0.0050 | get 0.0025% / 4h | 3h 10m | $10.7M | $2.8M | 125x |
Reya PYTHRUSDPERP
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$53.01
- Price spread: −0.184% → 0.000%
- −$18.45
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$77.46
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: 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 Reya no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 1.57 bp | 5.5 bp −$6 | 12.1 bp −$121 | 91.6 bp −$9,159 | 210.9 bp −$105.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0379% | 1h | 0.06357 | +0.083% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | −0.0084% | 1h | 0.06354 | +0.030% | $38K | $63K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06369 | +0.270% | $189K | $19 | 5x | as long as short |
| Gate PYTH_USDT | +0.0030% | 4h | 0.06339 | −0.200% | $1.0M | $518K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.444% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDTshort | +0.0050% | 4h | 0.06340 | −0.184% | $10.7M | $2.8M | 125x | |
| Binance PYTHUSDT | +0.0050% | 4h | 0.06338 | −0.216% | $9.1M | $18.4M | 75x | as long as short |
| BloFin PYTH-USDT | +0.0077% | 4h | 0.06355 | +0.052% | $427K | $77K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06357 | +0.083% | $194K | $211K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06351 | −0.014% | $23K | — | 3x | as long as short |
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP
dYdX PYTH-USD
Gate PYTH_USDT
Injective PYTH/USDC PERP
Binance 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-PERP | +0.0100% | 8h | 0.06347 | −0.078% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06351 | −0.013% | $2.3M | $1.8M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06353 | +0.017% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06342 | −0.153% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06340 | −0.184% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06360 | +0.130% | $1.5M | $346K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06346 | −0.090% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06346 | −0.090% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06350 | −0.022% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06356 | +0.066% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0152% | 1h | 0.06493 | +2.224% | $40K | $19K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0299% | 1h | 0.06354 | +0.042% | $388K | $301K | 25x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06352 | long leg | — | — | 20x |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD