Funding you earn now, next payment 03:00 UTC−0.1010%/8h= −110.6% APRpaid last 24h −0.021%
Price spread now: Aster against Deribit−0.090%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Aster is 0.090% cheaper against Deribit than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PYTH_USDC-PERPETUAL | 0.06329 | 0.1016 | pay 0.0127% / 1h | 40m 22s | $10K | $10K | 10x |
| Short | Aster PYTHUSDT | 0.06323 | 0.0005 | get 0.0003% / 4h | 1h 40m | $20K | $46K | 10x |
Deribit PYTH_USDC-PERPETUAL
Aster PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$212.18
- Price spread: −0.090% → 0.000%
- −$8.99
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$236.17
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Deribit and Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0401% | 1h | 0.06324 | −0.076% | $38K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0238% | 4h | 0.06314 | −0.237% | $1.0M | $498K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0022% | 4h | 0.06320 | −0.142% | $9.5M | $2.3M | 125x | as long as short |
| Binance PYTHUSDT | −0.0021% | 4h | 0.06318 | −0.177% | $9.0M | $17.8M | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06328 | −0.018% | $188K | $19 | 5x | as long as short |
| Aster PYTHUSDTshort | +0.0005% | 4h | 0.06323 | −0.090% | $20K | $46K | 10x | |
| BloFin PYTH-USDT | +0.0006% | 4h | 0.06315 | −0.221% | $426K | $89K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.090% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0072% | 1h | 0.06320 | −0.142% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06329 | 0.000% | $190K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
MEXC PYTH_USDT
Binance PYTHUSDT
dYdX PYTH-USD
BloFin PYTH-USDT
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 | 0.06318 | −0.169% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06328 | −0.017% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06321 | −0.126% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06320 | −0.142% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06329 | 0.000% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06319 | −0.158% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06326 | −0.047% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06318 | −0.177% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06321 | −0.126% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06369 | +0.632% | $39K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06317 | −0.183% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0303% | 1h | 0.06324 | −0.077% | $386K | $291K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUALlong | +0.1016% | 1h | 0.06329 | long leg | $10K | $10K | 10x |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD