Funding you earn now, next payment 10:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.25 per $10,000 · paid last 24h —
Price spread now: Aevo against Reya−0.024%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Aevo is 0.024% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PYTHRUSDPERP | 0.06333 | 0.0302 | pay 0.0038% / 1h | 58m 52s | — | — | 20x |
| Short | Aevo PYTH-PERP | 0.06331 | 0.0104 | get 0.0013% / 1h | 58m 52s | $23K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Reya. 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
- −$41.67
- Price spread: −0.024% → 0.000%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$66.09
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aevo: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Reya and Aevo: 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 | 0.0000% | 1h | 0.06331 | −0.029% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0006% | 1h | 0.06345 | +0.196% | $188K | $13 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.150% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0042% | 4h | 0.06349 | +0.255% | $430K | $73K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06311 | −0.345% | $194K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06331 | −0.024% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06305 | −0.447% | $2.1M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06337 | +0.069% | $19K | $48K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06302 | −0.482% | $9.0M | $19.6M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06304 | −0.455% | $7.5M | $4.7M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06304 | −0.455% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06326 | −0.108% | $1.0M | $487K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06328 | −0.076% | $11.4M | $2.8M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06326 | −0.108% | $1.5M | $366K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06303 | −0.471% | $2.6M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06324 | −0.139% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06338 | +0.086% | $35K | $53K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06342 | +0.142% | $40K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06331 | −0.024% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERPshort | +0.0104% | 1h | 0.06331 | −0.024% | $23K | — | 3x | |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06333 | long leg | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0458% | 1h | 0.06335 | +0.034% | $384K | $277K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0616% | 1h | 0.06427 | +1.487% | $40K | $19K | 25x | as long as short |
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX