Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Orderly against Hyperliquid−0.068%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.068% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PYTH | 0.06319 | 0.0100 | pay 0.0013% / 1h | 43m 57s | $2.2M | $1.9M | 5x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06315 | 0.0100 | get 0.0050% / 4h | 43m 57s | $2K | $2K | 10x |
Hyperliquid PYTH
Orderly PERP_PYTH_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Hyperliquid. 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: −0.068% → 0.000%
- −$6.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$21.81
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago | 0.95 bp | 15.1 bp −$15 | doesn't fit | 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 | 0.06317 | −0.033% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06322 | +0.051% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.931% | $553 | $220K | 5.5x | as long as short |
| Binance PYTHUSDT | +0.0071% | 4h | 0.06311 | −0.123% | $8.9M | $19.5M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0072% | 4h | 0.06311 | −0.123% | $10.7M | $2.8M | 125x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06323 | +0.066% | $195K | $221K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06316 | −0.044% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06307 | −0.191% | $3K | — | 10x | as long as short |
| Hyperliquid PYTHlong | +0.0100% | 1h | 0.06319 | long leg | $2.2M | $1.9M | 5x | |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06312 | −0.103% | $21K | $46K | 10x | as long as short |
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
Binance PYTHUSDT
MEXC PYTH_USDT
Lighter PYTH
Aevo PYTH-PERP
Paradex PYTH-USD-PERP
Aster PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06314 | −0.076% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06314 | −0.076% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06308 | −0.171% | $1.0M | $536K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06317 | −0.028% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06315 | −0.060% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06314 | −0.076% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06319 | +0.002% | $35K | $66K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06320 | +0.015% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06315 | −0.068% | $2K | $2K | 10x | |
| BloFin PYTH-USDT | +0.0121% | 4h | 0.06307 | −0.187% | $423K | $72K | 75x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06311 | −0.121% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0451% | 1h | 0.06320 | +0.022% | $383K | $309K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0472% | 1h | 0.06427 | +1.712% | $40K | $19K | 25x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
BloFin PYTH-USDT
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX