Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Orderly against Paradex+0.209%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: Orderly is 0.209% dearer against Paradex than usual: you sell high and buy low, +$21 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 | 0.06296 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $3K | — | 10x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06309 | 0.0100 | get 0.0050% / 4h | 3h 38m | $2K | $2K | 10x |
Paradex PYTH-USD-PERP
Orderly PERP_PYTH_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0.01
- Price spread: +0.209% → 0.000%
- $20.93
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.94
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Paradex and Orderly: 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 | −0.0066% | 1h | 0.06319 | +0.363% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0001% | 1h | 0.06309 | +0.204% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.574% | $553 | $220K | 5.5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0079% | 1h | 0.06321 | +0.389% | $35K | $60K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0092% | 4h | 0.06303 | +0.109% | $428K | $73K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06318 | +0.348% | $195K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERPlong | +0.0100% | 8h | 0.06296 | long leg | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06320 | +0.384% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.220% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.220% | $9.1M | $19.9M | 75x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
Backpack PYTH_USDC_PERP
BloFin PYTH-USDT
Lighter PYTH
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06311 | +0.236% | $7.5M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06313 | +0.268% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06300 | +0.062% | $1.0M | $509K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06307 | +0.173% | $10.7M | $2.8M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06311 | +0.236% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06309 | +0.205% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06308 | +0.189% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06302 | +0.093% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06309 | +0.209% | $2K | $2K | 10x | |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06311 | +0.236% | $23K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06302 | +0.090% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0467% | 1h | 0.06316 | +0.323% | $383K | $300K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +2.079% | $40K | $19K | 25x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Aevo PYTH-PERP
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX