Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Binance+0.063%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2222.217% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.063%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06392 | −0.0104 | get 0.0052% / 4h | 2h 45m | $9.2M | $17.8M | 75x |
| Short | KuCoin PYTHUSDTM | 0.06396 | 0.0100 | get 0.0050% / 4h | 2h 45m | $1.5M | $336K | 50x |
Binance PYTHUSDT
KuCoin PYTHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $42.94
- Price spread: +0.063% → +0.066%
- −$0.31
- Slippage, 4 orders
- −$199.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$179.11
- Costs to cover
- 2.217%
- Break-even
- 36.2 days
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 5 min ago.
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 Binance live order book, 10 min ago | 1.58 bp | 17.2 bp −$17 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.38 bp | 53.5 bp −$53 | 614.6 bp −$6,146 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.0143% | 4h | 0.06394 | +0.031% | $428K | $113K | 75x | as long as short |
| Binance PYTHUSDTlong | −0.0104% | 4h | 0.06392 | long leg | $9.2M | $17.8M | 75x | |
| MEXC PYTH_USDT | −0.0104% | 4h | 0.06391 | −0.016% | $9.7M | $2.4M | 125x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06418 | +0.407% | $40K | $18K | 25x | as long as short |
| Aster PYTHUSDT | −0.0002% | 4h | 0.06393 | +0.016% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06403 | +0.173% | $190K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.065% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0056% | 1h | 0.06397 | +0.077% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06402 | +0.156% | $191K | $205K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06391 | −0.022% | $3K | — | 10x | as long as short |
BloFin PYTH-USDT
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06398 | +0.097% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06391 | −0.016% | $7.6M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06391 | −0.016% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06388 | −0.063% | $1.1M | $493K | 75x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06396 | +0.063% | $1.5M | $336K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06393 | +0.016% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06392 | 0.000% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06395 | +0.047% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06392 | −0.005% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06392 | −0.004% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0374% | 1h | 0.06407 | +0.234% | $393K | $291K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0375% | 1h | 0.06405 | +0.203% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0690% | 1h | 0.06406 | +0.213% | $38K | $93K | 10x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP