Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Paradex against Orderly+0.049%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.049% dearer against Orderly than usual: you sell high and buy low, +$5 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 | Orderly PERP_PYTH_USDC_mythos | 0.06380 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $3K | $2K | 10x |
| Short | Paradex PYTH-USD-PERP | 0.06383 | 0.0100 | get 0.0100% / 8h | 5h 10m | $3K | — | 10x |
Orderly PERP_PYTH_USDC_mythos
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Orderly. 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
- −$0.02
- Price spread: +0.049% → 0.000%
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$5.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Paradex: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Orderly and Paradex: 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 | −0.0325% | 1h | 0.06398 | +0.287% | $39K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0178% | 4h | 0.06376 | −0.055% | $1.0M | $504K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06390 | +0.161% | $190K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0006% | 4h | 0.06378 | −0.024% | $9.5M | $2.5M | 125x | as long as short |
| Binance PYTHUSDT | +0.0008% | 4h | 0.06376 | −0.061% | $9.1M | $17.8M | 75x | as long as short |
| BloFin PYTH-USDT | +0.0021% | 4h | 0.06355 | −0.384% | $354K | $87K | 75x | as long as short |
| Aster PYTHUSDT | +0.0023% | 4h | 0.06386 | +0.097% | $20K | $46K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.873% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06372 | −0.124% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06394 | +0.227% | $192K | $205K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
BloFin PYTH-USDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERPshort | +0.0100% | 8h | 0.06383 | +0.049% | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06389 | +0.147% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06375 | −0.071% | $7.6M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06374 | −0.086% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06390 | +0.165% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06372 | −0.118% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06380 | +0.008% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06370 | −0.153% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythoslong | +0.0100% | 4h | 0.06380 | long leg | $3K | $2K | 10x | |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06385 | +0.086% | $40K | $18K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0300% | 1h | 0.06380 | +0.005% | $389K | $294K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06372 | −0.117% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0377% | 1h | 0.06385 | +0.086% | $10K | $10K | 10x | as long as short |
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
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL