Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.016%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.016%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06331 | 0.0022 | pay 0.0011% / 4h | 2h 14m | $9.1M | $16.0M | 75x |
| Short | MEXC PYTH_USDT | 0.06330 | 0.0024 | get 0.0012% / 4h | 2h 14m | $9.3M | $2.4M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.32
- Price spread: −0.016% → +0.001%
- −$1.63
- Slippage, 4 orders
- −$23.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$35.06
- Costs to cover
- 0.338%
- Break-even
- 765.8 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago | 0.79 bp | 14.8 bp −$15 | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.79 bp | 0.8 bp −$1 | 0.8 bp −$8 | 62.6 bp −$6,256 | 191.6 bp −$95.8K |
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 | +0.300% | $561 | $180K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0538% | 1h | 0.06337 | +0.095% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06339 | +0.130% | $384K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0028% | 4h | 0.06332 | +0.016% | $1.1M | $466K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06344 | +0.200% | $188K | $19 | 5x | as long as short |
| Binance PYTHUSDTlong | +0.0022% | 4h | 0.06331 | long leg | $9.1M | $16.0M | 75x | |
| MEXC PYTH_USDTshort | +0.0024% | 4h | 0.06330 | −0.016% | $9.3M | $2.4M | 125x | |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.580% | $40K | $6K | 25x | as long as short |
| BloFin PYTH-USDT | +0.0054% | 4h | 0.06329 | −0.032% | $422K | $117K | 75x | as long as short |
| Bybit PYTHUSDT | +0.0083% | 4h | 0.06332 | +0.016% | $7.4M | $4.9M | 50x | 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 | 0.06331 | −0.006% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06341 | +0.158% | $196K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06326 | −0.076% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06338 | +0.104% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06337 | +0.095% | $20K | $24K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06332 | +0.016% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06338 | +0.111% | $1.5M | $304K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06339 | +0.126% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06332 | +0.016% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06338 | +0.106% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06332 | +0.021% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0193% | 1h | 0.06338 | +0.115% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06332 | +0.010% | — | — | 20x | as long as short |
Binance PYTHUSDT
MEXC PYTH_USDT
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
Coinbase International PYTH-PERP-INTX
BloFin PYTH-USDT
Bybit PYTHUSDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Backpack PYTH_USDC_PERP