Funding you earn now, next payment 22:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.030%
Price spread now: BloFin against dYdX−0.121%92s7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1971.968% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)−0.351%−$35 · spread now −0.121%, 7d avg −0.143%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.022% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.143%. The two prices were read 92 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 | dYdX PYTH-USD | 0.06261 | 0 | get 0.0000% / 1h | 5m 38s | $186K | $19 | 5x |
| Short | BloFin PYTH-USDT | 0.06253 | 0.0047 | get 0.0024% / 4h | 2h 05m | $422K | $115K | 75x |
dYdX PYTH-USD
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against dYdX. 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
- $9.9
- Price spread: −0.121% → −0.143%
- $2.19
- Slippage, 4 orders
- −$174.83
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$184.73
- Costs to cover
- 1.968%
- Break-even
- 137.6 days
Slippage from dYdX: live order book, 18 min ago; BloFin: live order book, 15 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 dYdX live order book, 18 min ago | 80.50 bp | 86.3 bp −$86 | 112.3 bp −$1,123 | 128.4 bp −$12.8K | 580.7 bp −$290.4K |
| Sell BloFin live order book, 15 min ago | 0.79 bp | 9.8 bp −$10 | 24.7 bp −$247 | 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 | +1.429% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0218% | 1h | 0.06270 | +0.150% | $381K | $253K | 25x | as long as short |
| Gate PYTH_USDT | −0.0056% | 4h | 0.06256 | −0.073% | $1.1M | $479K | 75x | as long as short |
| dYdX PYTH-USDlong | 0.0000% | 1h | 0.06261 | long leg | $186K | $19 | 5x | |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06271 | +0.167% | $10K | $10K | 10x | as long as short |
| MEXC PYTH_USDT | +0.0014% | 4h | 0.06264 | +0.055% | $9.2M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | +0.0016% | 4h | 0.06263 | +0.042% | $9.0M | $16.7M | 75x | as long as short |
| BloFin PYTH-USDTshort | +0.0047% | 4h | 0.06253 | −0.121% | $422K | $115K | 75x | |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +2.722% | $40K | $6K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06261 | +0.013% | $22K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
MEXC PYTH_USDT
Binance PYTHUSDT
Coinbase International PYTH-PERP-INTX
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 | 0.06274 | +0.215% | $194K | $207K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06265 | +0.066% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06270 | +0.154% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06265 | +0.069% | $19K | $30K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06265 | +0.071% | $7.4M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06261 | +0.007% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06266 | +0.087% | $1.5M | $306K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06258 | −0.041% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06263 | +0.039% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06269 | +0.138% | $38K | $88K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06304 | +0.699% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06258 | −0.036% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06256 | −0.069% | — | — | 20x | as long as short |
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
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP