Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Aster+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Bybit is 0.021% dearer against Aster than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PYTHUSDT | 0.06277 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $19K | $40K | 10x |
| Short | Bybit PYTHUSDT | 0.06278 | 0.0041 | get 0.0021% / 4h | 1h 53m | $7.4M | $5.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$12.3
- Price spread: +0.021% → 0.000%
- $2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.22
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.80 bp | 28.9 bp −$29 | 118.1 bp −$1,181 | doesn't fit | doesn't fit |
Aster: 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 | −0.0428% | 1h | 0.06260 | −0.266% | $553 | $220K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0209% | 1h | 0.06273 | −0.061% | $381K | $253K | 25x | as long as short |
| Gate PYTH_USDT | −0.0036% | 4h | 0.06270 | −0.107% | $1.1M | $476K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06276 | −0.005% | $186K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06282 | +0.085% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0003% | 4h | 0.06287 | +0.164% | $419K | $115K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0034% | 4h | 0.06263 | −0.218% | $9.1M | $2.3M | 125x | as long as short |
| Binance PYTHUSDT | +0.0036% | 4h | 0.06267 | −0.154% | $9.0M | $16.9M | 75x | as long as short |
| Bybit PYTHUSDTshort | +0.0041% | 4h | 0.06278 | +0.021% | $7.4M | $5.1M | 50x | |
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.458% | $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 | +0.0088% | 1h | 0.06271 | −0.091% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06280 | +0.053% | $197K | $208K | 5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0097% | 1h | 0.06277 | +0.007% | $38K | $88K | 10x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06270 | −0.105% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06271 | −0.094% | $1.6M | $1.5M | 5x | as long as short |
| Aster PYTHUSDTlong | +0.0100% | 4h | 0.06277 | long leg | $19K | $40K | 10x | |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06273 | −0.059% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06274 | −0.043% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06271 | −0.091% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06271 | −0.091% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06271 | −0.083% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06281 | +0.077% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06284 | +0.113% | — | — | 20x | as long as short |
Aster PYTHUSDT
Bybit PYTHUSDT
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Coinbase International PYTH-PERP-INTX
Lighter PYTH
Backpack PYTH_USDC_PERP
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH