Funding you earn now, next payment 01:00 UTC+0.0457%/8h= +50.0% APRpaid last 24h —
Price spread now: Reya against Binance+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Reya is 0.067% dearer against Binance than usual: you sell high and buy low: +$7 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 | 0.06383 | −0.0154 | get 0.0077% / 4h | 3h 36m | $9.2M | $17.5M | 75x |
| Short | Reya PYTHRUSDPERP | 0.06387 | 0.0302 | get 0.0038% / 1h | 36m 28s | — | — | 20x |
Binance PYTHUSDT
Reya PYTHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $95.96
- Price spread: +0.067% → 0.000%
- $6.7
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $86.65
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Binance: live order book, 4 min ago; Reya: 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, 4 min ago | 0.79 bp | 14.9 bp −$15 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0182% | 4h | 0.06363 | −0.313% | $427K | $112K | 75x | as long as short |
| Binance PYTHUSDTlong | −0.0154% | 4h | 0.06383 | long leg | $9.2M | $17.5M | 75x | |
| MEXC PYTH_USDT | −0.0154% | 4h | 0.06383 | 0.000% | $9.7M | $2.4M | 125x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0136% | 1h | 0.06392 | +0.141% | $393K | $290K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06368 | −0.235% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06390 | +0.110% | $190K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06382 | −0.016% | $10K | $10K | 10x | as long as short |
| Aster PYTHUSDT | +0.0004% | 4h | 0.06388 | +0.077% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.927% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0040% | 1h | 0.06380 | −0.045% | $23K | — | 3x | as long as short |
BloFin PYTH-USDT
MEXC PYTH_USDT
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06395 | +0.188% | $202K | $198K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06381 | −0.025% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06393 | +0.163% | $1.9M | $1.5M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06390 | +0.110% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06390 | +0.110% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06384 | +0.016% | $1.1M | $469K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06389 | +0.094% | $1.5M | $323K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06389 | +0.094% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06386 | +0.047% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06358 | −0.399% | $38K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06386 | +0.050% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06387 | +0.067% | — | — | 20x | |
| Backpack PYTH_USDC_PERP | +0.0925% | 1h | 0.06395 | +0.190% | $35K | $92K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP