Funding you earn now, next payment 20:00 UTC+0.0068%/8hnext payment +$0.34 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Binance+0.016%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.016%, 7d avg +0.043%
=Funding pays, the price is against you. OKX is 0.028% cheaper against Binance than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.043%). If the spread goes back, that is −$3 on $10k: about 32 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06332 | 0.0032 | pay 0.0016% / 4h | 5m 57s | $9.0M | $15.8M | 75x |
| Short | OKX PYTH-USDT-SWAP | 0.06333 | 0.0100 | get 0.0050% / 4h | 5m 57s | $2.1M | $3.4M | 50x |
Binance PYTHUSDT
OKX PYTH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $14.37
- Price spread: +0.016% → +0.043%
- −$2.75
- Slippage, 4 orders
- −$46.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.52
- Costs to cover
- 0.661%
- Break-even
- 33.6 days
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 1 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, 9 min ago | 0.79 bp | 14.1 bp −$14 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.37 bp | 17.0 bp −$17 | 64.0 bp −$640 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0507% | 1h | 0.06367 | +0.553% | $563 | $143K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0250% | 1h | 0.06342 | +0.154% | $381K | $224K | 25x | as long as short |
| Bybit PYTHUSDT | −0.0186% | 4h | 0.06332 | 0.000% | $7.4M | $4.9M | 50x | as long as short |
| Gate PYTH_USDT | −0.0174% | 4h | 0.06332 | 0.000% | $1.1M | $523K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06348 | +0.253% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06342 | +0.158% | $10K | $10K | 10x | as long as short |
| Binance PYTHUSDTlong | +0.0032% | 4h | 0.06332 | long leg | $9.0M | $15.8M | 75x | |
| MEXC PYTH_USDT | +0.0038% | 4h | 0.06333 | +0.016% | $9.4M | $2.5M | 125x | as long as short |
| BloFin PYTH-USDT | +0.0083% | 4h | 0.06344 | +0.190% | $427K | $126K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06343 | +0.178% | $23K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Bybit PYTHUSDT
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
MEXC PYTH_USDT
BloFin PYTH-USDT
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0095% | 8h | 0.06335 | +0.043% | $3K | $56 | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06344 | +0.190% | $196K | $202K | 5x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06337 | +0.073% | $1.6M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06342 | +0.156% | $21K | $34K | 10x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06333 | +0.016% | $2.1M | $3.4M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06346 | +0.221% | $1.5M | $336K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06330 | −0.032% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06334 | +0.032% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06340 | +0.133% | $38K | $90K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06356 | +0.379% | $44K | $17K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06340 | +0.120% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0232% | 1h | 0.06369 | +0.584% | $39K | $9K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06335 | +0.054% | — | — | 20x | as long as short |
Paradex PYTH-USD-PERP
Lighter PYTH
Hyperliquid PYTH
Aster PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP