PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.025%

Price spread now: Orderly against Binance+0.163%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Orderly is 0.163% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PYTHUSDT	0.06461	−0.0118	get 0.0059% / 4h	3h 09m	$9.3M	$17.7M	75x
Short	Orderly PERP_PYTH_USDC_mythos	0.06471	0.0100	get 0.0050% / 4h	3h 09m	$3K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.163%Rate

Funding earned: $45.84
Price spread: +0.163% → 0.000%: $16.25
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $46.09
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Binance: live order book, 17 min ago; Orderly: no order-book sample. 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 Binance live order book, 17 min ago	1.56 bp	13.0 bp −$13	34.8 bp −$348	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
BloFin PYTH-USDT	−0.0166%	4h	0.06463	+0.031%	$430K	$112K	75x	as long as short
Kraken Futures PF_PYTHUSD	−0.0134%	1h	0.06472	+0.164%	$397K	$291K	25x	as long as short
Binance PYTHUSDTlong	−0.0118%	4h	0.06461	long leg	$9.3M	$17.7M	75x
MEXC PYTH_USDT	−0.0118%	4h	0.06462	+0.015%	$9.8M	$2.4M	125x	as long as short
Coinbase International PYTH-PERP-INTX	−0.0064%	1h	0.06505	+0.681%	$40K	$18K	25x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06476	+0.233%	$192K	$19	5x	as long as short
Aster PYTHUSDT	+0.0018%	4h	0.06471	+0.155%	$22K	$46K	10x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−3.111%	$553	$220K	5.5x	as long as short
Aevo PYTH-PERP	+0.0048%	1h	0.06470	+0.139%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06474	+0.201%	$203K	$199K	5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06468	+0.112%	$3K	—	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06473	+0.178%	$2.1M	$1.6M	5x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06468	+0.108%	$7.7M	$4.8M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06464	+0.046%	$2.1M	$3.5M	50x	as long as short
Gate PYTH_USDT	+0.0100%	4h	0.06466	+0.077%	$1.1M	$481K	75x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06473	+0.186%	$1.5M	$326K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06475	+0.217%	$2.7M	$2.1M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06470	+0.139%	—	$2.7M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06461	+0.007%	$39K	$27K	—	as long as short
Orderly PERP_PYTH_USDC_mythosshort	+0.0100%	4h	0.06471	+0.163%	$3K	$2K	10x
Reya PYTHRUSDPERP	+0.0302%	1h	0.06466	+0.074%	—	—	20x	as long as short
Deribit PYTH_USDC-PERPETUAL	+0.0368%	1h	0.06475	+0.217%	$10K	$10K	10x	as long as short
Backpack PYTH_USDC_PERP	+0.0948%	1h	0.06471	+0.155%	$36K	$91K	10x	as long as short