Funding you earn now, next payment 07:00 UTC+0.0269%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h —
Price spread now: Reya against Injective+0.942%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.942% dearer against Injective than usual: you sell high and buy low: +$94 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 | Injective PYTH/USDC PERP | 0.06260 | 0.0033 | pay 0.0004% / 1h | 5m 43s | $553 | $220K | 5.5x |
| Short | Reya PYTHRUSDPERP | 0.06319 | 0.0302 | get 0.0038% / 1h | 5m 43s | — | — | 20x |
Injective PYTH/USDC PERP
Reya PYTHRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Injective. 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
- $56.51
- Price spread: +0.942% → 0.000%
- $94.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $144.7
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Reya: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Injective and Reya: 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 | −0.0006% | 1h | 0.06326 | +1.056% | $35K | $67K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06321 | +0.974% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0004% | 4h | 0.06313 | +0.847% | $423K | $72K | 75x | as long as short |
| dYdX PYTH-USD | +0.0021% | 1h | 0.06324 | +1.019% | $188K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERPlong | +0.0033% | 1h | 0.06260 | long leg | $553 | $220K | 5.5x | |
| MEXC PYTH_USDT | +0.0048% | 4h | 0.06319 | +0.942% | $10.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0052% | 4h | 0.06318 | +0.923% | $8.9M | $19.5M | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06326 | +1.054% | $194K | $218K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06315 | +0.879% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06321 | +0.968% | $3K | — | 10x | as long as short |
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
Lighter PYTH
Aevo PYTH-PERP
Paradex PYTH-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06327 | +1.072% | $2.2M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06317 | +0.909% | $21K | $46K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06320 | +0.958% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06320 | +0.958% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06316 | +0.895% | $1.0M | $537K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06322 | +0.990% | $1.5M | $370K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06320 | +0.958% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06319 | +0.942% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06317 | +0.917% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06319 | +0.947% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0131% | 1h | 0.06324 | +1.027% | $383K | $318K | 25x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06319 | +0.942% | — | — | 20x | |
| Coinbase International PYTH-PERP-INTX | +0.0368% | 1h | 0.06427 | +2.668% | $40K | $19K | 25x | as long as short |
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX