Funding you earn now, next payment 12:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.021%
Price spread now: MEXC against OKX−0.064%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.488% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.064%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06280 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $2.1M | $3.5M | 50x |
| Short | MEXC PYTH_USDT | 0.06276 | 0.0094 | get 0.0047% / 4h | 3h 31m | $10.6M | $2.8M | 125x |
OKX PYTH-USDT-SWAP
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- −$1.26
- Price spread: −0.064% → −0.041%
- −$2.3
- Slippage, 4 orders
- −$38.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$52.35
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 1 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 OKX live order book, 1 min ago | 1.59 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.80 bp | 4.6 bp −$5 | 13.8 bp −$138 | 83.1 bp −$8,306 | 158.2 bp −$79.1K |
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 | −0.0068% | 1h | 0.06279 | −0.016% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0006% | 1h | 0.06290 | +0.155% | $187K | $10 | 5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0015% | 1h | 0.06285 | +0.076% | $35K | $60K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.318% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0077% | 4h | 0.06292 | +0.191% | $430K | $72K | 75x | as long as short |
| Binance PYTHUSDT | +0.0089% | 4h | 0.06281 | +0.016% | $9.0M | $19.7M | 75x | as long as short |
| MEXC PYTH_USDTshort | +0.0094% | 4h | 0.06276 | −0.064% | $10.6M | $2.8M | 125x | |
| Lighter PYTH | +0.0096% | 1h | 0.06288 | +0.127% | $194K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06272 | −0.129% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06287 | +0.108% | $2.2M | $1.9M | 5x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Backpack PYTH_USDC_PERP
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Binance PYTHUSDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PYTHUSDT | +0.0100% | 4h | 0.06291 | +0.179% | $21K | $47K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06281 | +0.016% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06280 | long leg | $2.1M | $3.5M | 50x | |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06270 | −0.159% | $1.0M | $509K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06280 | 0.000% | $1.5M | $370K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06276 | −0.064% | $2.6M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06278 | −0.032% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06301 | +0.342% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06277 | −0.054% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06281 | +0.022% | $22K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06276 | −0.060% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0469% | 1h | 0.06282 | +0.035% | $381K | $299K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +2.341% | $40K | $19K | 25x | as long as short |
Aster PYTHUSDT
Bybit PYTHUSDT
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX