Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.063%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.063%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.076% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PYTH-USDT | 0.06369 | 0.0100 | pay 0.0050% / 4h | 1h 31m | — | $2.7M | — |
| Short | OKX PYTH-USDT-SWAP | 0.06365 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2.1M | $3.4M | 50x |
BingX PYTH-USDT
OKX PYTH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.063% → +0.014%
- −$7.64
- Slippage, 4 orders
- −$52.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.71
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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 BingX live order book, 4 min ago | 3.15 bp | 17.4 bp −$17 | 33.9 bp −$339 | 233.2 bp −$23.3K | 410.0 bp −$205.0K |
| Sell OKX live order book, 1 min ago | 3.15 bp | 20.3 bp −$20 | 186.6 bp −$1,866 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0376% | 1h | 0.06379 | +0.162% | $39K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0230% | 4h | 0.06359 | −0.157% | $1.0M | $500K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0042% | 4h | 0.06358 | −0.173% | $426K | $88K | 75x | as long as short |
| Binance PYTHUSDT | −0.0014% | 4h | 0.06369 | 0.000% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0014% | 4h | 0.06367 | −0.031% | $9.5M | $2.5M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06366 | −0.051% | $189K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0010% | 4h | 0.06368 | −0.017% | $20K | $46K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.711% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06370 | +0.016% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06376 | +0.110% | $192K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06366 | −0.047% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06381 | +0.188% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06372 | +0.047% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06365 | −0.063% | $2.1M | $3.4M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06368 | −0.016% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06371 | +0.031% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDTlong | +0.0100% | 4h | 0.06369 | long leg | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06366 | −0.044% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06368 | −0.014% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06369 | 0.000% | $39K | $18K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0300% | 1h | 0.06377 | +0.125% | $389K | $291K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06368 | −0.018% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0377% | 1h | 0.06385 | +0.251% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL