Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.012%
Price spread now: Orderly against BloFin+0.162%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$2 a day on $10k at the current rate, and Orderly is 0.162% dearer against BloFin 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). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06411 | 0.0043 | pay 0.0021% / 4h | 1h 57m | $424K | $77K | 75x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06421 | 0.0100 | get 0.0050% / 4h | 1h 57m | $2K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BloFin. 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
- $12
- Price spread: +0.162% → 0.000%
- $16.22
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.23
- Costs to cover
- 0.180%
- Break-even
- 1.0 days
Slippage unknown: BloFin: live order book, 28 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 BloFin live order book, 28 min ago | 2.40 bp | 11.6 bp −$12 | 23.7 bp −$237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PYTH-USD | 0.0000% | 1h | 0.06429 | +0.276% | $191K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06410 | −0.016% | $10K | $10K | 10x | as long as short |
| Binance PYTHUSDT | +0.0027% | 4h | 0.06389 | −0.343% | $9.1M | $19.1M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.355% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0034% | 4h | 0.06394 | −0.265% | $10.6M | $2.7M | 125x | as long as short |
| Gate PYTH_USDT | +0.0040% | 4h | 0.06401 | −0.156% | $1.0M | $530K | 75x | as long as short |
| BloFin PYTH-USDTlong | +0.0043% | 4h | 0.06411 | long leg | $424K | $77K | 75x | |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06410 | −0.016% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06399 | −0.187% | $194K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06428 | +0.268% | $3K | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06403 | −0.125% | $2.3M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06404 | −0.109% | $20K | $46K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06403 | −0.125% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06400 | −0.172% | $2.1M | $3.6M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06409 | −0.031% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06395 | −0.250% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06404 | −0.109% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06414 | +0.050% | $38K | $64K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06418 | +0.114% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06421 | +0.162% | $2K | $2K | 10x | |
| Kraken Futures PF_PYTHUSD | +0.0129% | 1h | 0.06413 | +0.026% | $391K | $293K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06417 | +0.089% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0368% | 1h | 0.06427 | +0.250% | $40K | $19K | 25x | as long as short |
BloFin PYTH-USDT
Deribit PYTH_USDC-PERPETUAL
Binance PYTHUSDT
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Gate PYTH_USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX