Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.080%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2572.575% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.080%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.038% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PYTH-USDT | 0.06286 | 0.0100 | pay 0.0050% / 4h | 2h 08m | — | $2.8M | — |
| Short | KuCoin PYTHUSDTM | 0.06291 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1.5M | $306K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- Price spread: +0.080% → +0.041%
- $3.84
- Slippage, 4 orders
- −$235.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$253.64
- Costs to cover
- 2.575%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 8 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 BingX live order book, 11 min ago | 4.73 bp | 17.6 bp −$18 | 34.8 bp −$348 | 247.9 bp −$24.8K | 493.6 bp −$246.8K |
| Sell KuCoin live order book, 8 min ago | 7.89 bp | 96.0 bp −$96 | 584.2 bp −$5,842 | 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 | −0.0586% | 1h | 0.06350 | +1.018% | $561 | $180K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0386% | 1h | 0.06288 | +0.032% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0218% | 1h | 0.06286 | −0.005% | $380K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0078% | 4h | 0.06278 | −0.127% | $1.1M | $467K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0031% | 4h | 0.06289 | +0.048% | $423K | $115K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06292 | +0.093% | $187K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0010% | 4h | 0.06281 | −0.080% | $9.2M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | +0.0014% | 4h | 0.06281 | −0.076% | $9.0M | $16.1M | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +2.307% | $40K | $6K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06281 | −0.078% | $22K | — | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0094% | 4h | 0.06285 | −0.016% | $7.4M | $5.0M | 50x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06292 | +0.095% | $195K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06279 | −0.118% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06288 | +0.025% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06289 | +0.048% | $19K | $30K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06284 | −0.032% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTMshort | +0.0100% | 4h | 0.06291 | +0.080% | $1.5M | $306K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06285 | −0.016% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDTlong | +0.0100% | 4h | 0.06286 | long leg | — | $2.8M | — | |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06289 | +0.049% | $38K | $87K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06304 | +0.292% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06282 | −0.064% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06285 | −0.015% | — | — | 20x | as long as short |
BingX PYTH-USDT
KuCoin PYTHUSDTM
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Coinbase International PYTH-PERP-INTX
Bybit PYTHUSDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
Bitget PYTHUSDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH