Funding you earn now, next payment 09:00 UTC−0.0202%/8h= −22.2% APRpaid last 24h —
Price spread now: Gate against Reya−0.046%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 Gate is 0.046% cheaper against Reya than usual: you would sell low and buy high (−$5 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 | 0.06356 | 0.0302 | pay 0.0038% / 1h | 3m 13s | — | — | 20x |
| Short | Gate PYTH_USDT | 0.06353 | 0.0100 | get 0.0050% / 4h | 3h 03m | $1.0M | $514K | 75x |
Reya PYTHRUSDPERP
Gate PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$42.51
- Price spread: −0.046% → 0.000%
- −$4.64
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.16
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 4 min ago. 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 Gate live order book, 4 min ago | 3.15 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | 0.06362 | +0.095% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0006% | 1h | 0.06368 | +0.188% | $189K | $13 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.510% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0092% | 4h | 0.06355 | −0.015% | $429K | $73K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06367 | +0.174% | $195K | $221K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06353 | −0.041% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06363 | +0.117% | $2.1M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06356 | +0.004% | $19K | $49K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06358 | +0.032% | $9.1M | $19.3M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06359 | +0.048% | $7.6M | $4.7M | 50x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06360 | +0.064% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDTshort | +0.0100% | 4h | 0.06353 | −0.046% | $1.0M | $514K | 75x | |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06354 | −0.031% | $11.4M | $3.1M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06363 | +0.111% | $1.5M | $367K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06361 | +0.079% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06358 | +0.032% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06367 | +0.171% | $35K | $53K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06363 | +0.110% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06358 | +0.032% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06361 | +0.073% | $23K | — | 3x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06356 | long leg | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0463% | 1h | 0.06367 | +0.179% | $386K | $290K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.118% | $40K | $19K | 25x | as long as short |
OKX PYTH-USDT-SWAP
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX