Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.25 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against MEXC−0.047%64s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$500.500% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.360%−$36 · spread now −0.047%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 64 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 | MEXC PYTH_USDT | 0.06451 | 0.0058 | pay 0.0029% / 4h | 20m 03s | $10.5M | $2.7M | 125x |
| Short | BloFin PYTH-USDT | 0.06448 | 0.0109 | get 0.0054% / 4h | 20m 03s | $431K | $81K | 75x |
MEXC PYTH_USDT
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $10.69
- Price spread: −0.047% → −0.032%
- −$1.48
- Slippage, 4 orders
- −$38.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.8
- Costs to cover
- 0.500%
- Break-even
- 33.7 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 16 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 MEXC live order book, 3 min ago | 1.55 bp | 4.8 bp −$5 | 15.0 bp −$150 | 90.5 bp −$9,046 | 212.5 bp −$106.2K |
| Sell BloFin live order book, 16 min ago | 0.79 bp | 21.4 bp −$21 | 43.9 bp −$439 | 133.3 bp −$13.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0106% | 4h | 0.06445 | −0.093% | $1.1M | $514K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0060% | 1h | 0.06459 | +0.124% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | −0.0046% | 1h | 0.06463 | +0.194% | $38K | $59K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06453 | +0.027% | $192K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.961% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDTlong | +0.0058% | 4h | 0.06451 | long leg | $10.5M | $2.7M | 125x | |
| Binance PYTHUSDT | +0.0060% | 4h | 0.06458 | +0.109% | $9.2M | $18.2M | 75x | as long as short |
| Aster PYTHUSDT | +0.0069% | 4h | 0.06448 | −0.040% | $21K | $44K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06462 | +0.171% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06454 | +0.047% | $23K | — | 3x | as long as short |
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP
dYdX PYTH-USD
Injective PYTH/USDC PERP
Binance PYTHUSDT
Aster PYTHUSDT
Lighter PYTH
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06442 | −0.138% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06467 | +0.242% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06461 | +0.155% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06460 | +0.140% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06456 | +0.078% | $1.5M | $348K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06461 | +0.155% | $2.8M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06454 | +0.047% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06443 | −0.119% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06454 | +0.045% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06476 | +0.388% | $40K | $19K | 25x | as long as short |
| BloFin PYTH-USDTshort | +0.0109% | 4h | 0.06448 | −0.047% | $431K | $81K | 75x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06450 | −0.010% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0405% | 1h | 0.06459 | +0.117% | $394K | $288K | 25x | as long as short |
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