Funding you earn now, next payment 05:00 UTC+0.0254%/8h= +27.9% APRpaid last 24h —
Price spread now: Reya against MEXC+0.022%7-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 0.022% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread 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 | MEXC PYTH_USDT | 0.06371 | 0.0048 | pay 0.0024% / 4h | 3h 21m | $10.7M | $2.8M | 125x |
| Short | Reya PYTHRUSDPERP | 0.06372 | 0.0302 | get 0.0038% / 1h | 21m 15s | — | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $53.43
- Price spread: +0.022% → 0.000%
- $2.17
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $49.61
- Costs to cover
- 0.060%
- Break-even
- 0.5 days
Slippage unknown: MEXC: live order book, 2 min ago; 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 MEXC live order book, 2 min ago | 1.58 bp | 5.7 bp −$6 | 22.8 bp −$228 | 101.7 bp −$10.2K | 165.0 bp −$82.5K |
| Sell Reya no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0377% | 1h | 0.06377 | +0.094% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | −0.0001% | 1h | 0.06359 | −0.185% | $38K | $63K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06368 | −0.049% | $189K | $19 | 5x | as long as short |
| Gate PYTH_USDT | +0.0008% | 4h | 0.06358 | −0.204% | $1.0M | $518K | 75x | as long as short |
| BloFin PYTH-USDT | +0.0014% | 4h | 0.06353 | −0.283% | $425K | $78K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.742% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDTlong | +0.0048% | 4h | 0.06371 | long leg | $10.7M | $2.8M | 125x | |
| Binance PYTHUSDT | +0.0050% | 4h | 0.06371 | −0.002% | $9.1M | $18.4M | 75x | as long as short |
| Aster PYTHUSDT | +0.0090% | 4h | 0.06374 | +0.054% | $20K | $45K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06372 | +0.016% | $192K | $209K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06371 | +0.008% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06368 | −0.046% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06382 | +0.168% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06372 | +0.016% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06374 | +0.047% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06367 | −0.063% | $1.5M | $346K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06373 | +0.031% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06372 | +0.016% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06374 | +0.044% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06370 | −0.013% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0152% | 1h | 0.06493 | +1.915% | $40K | $19K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0298% | 1h | 0.06376 | +0.075% | $390K | $302K | 25x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06372 | +0.022% | — | — | 20x |
MEXC PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
Injective PYTH/USDC PERP
Binance PYTHUSDT
Aster PYTHUSDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD