Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Coinbase International against Paradex+0.332%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: Coinbase International is 0.332% dearer against Paradex than usual: you sell high and buy low, +$33 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 | Paradex PYTH-USD-PERP | 0.06455 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $3K | — | 10x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06476 | 0.0104 | get 0.0013% / 1h | 23m 54s | $40K | $19K | 25x |
Paradex PYTH-USD-PERP
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. 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
- $0.85
- Price spread: +0.332% → 0.000%
- $33.23
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $20.08
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Coinbase International: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Paradex and Coinbase International: 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 | −0.0126% | 1h | 0.06472 | +0.275% | $38K | $59K | 10x | as long as short |
| Gate PYTH_USDT | −0.0104% | 4h | 0.06457 | +0.038% | $1.1M | $513K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06465 | +0.158% | $192K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06470 | +0.239% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −3.014% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0060% | 4h | 0.06461 | +0.100% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0064% | 4h | 0.06450 | −0.078% | $9.2M | $18.2M | 75x | as long as short |
| Aster PYTHUSDT | +0.0069% | 4h | 0.06459 | +0.064% | $21K | $44K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06472 | +0.270% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06463 | +0.128% | $23K | — | 3x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
MEXC PYTH_USDT
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-PERPlong | +0.0100% | 8h | 0.06455 | long leg | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06474 | +0.297% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06459 | +0.069% | $7.7M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06445 | −0.148% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06464 | +0.146% | $1.6M | $350K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06454 | −0.009% | $2.8M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06454 | −0.009% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06443 | −0.182% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06463 | +0.134% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0104% | 1h | 0.06476 | +0.332% | $40K | $19K | 25x | |
| BloFin PYTH-USDT | +0.0117% | 4h | 0.06447 | −0.117% | $426K | $81K | 75x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06464 | +0.145% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0405% | 1h | 0.06470 | +0.244% | $395K | $288K | 25x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
BloFin PYTH-USDT
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD