Funding you earn now, next payment 08:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h —
Price spread now: MEXC against Reya+0.012%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PYTHRUSDPERP | 0.06293 | 0.0302 | pay 0.0038% / 1h | 17m 02s | — | — | 20x |
| Short | MEXC PYTH_USDT | 0.06294 | 0.0094 | get 0.0047% / 4h | 17m 02s | $10.6M | $2.8M | 125x |
Reya PYTHRUSDPERP
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$43.77
- Price spread: +0.012% → 0.000%
- $1.18
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.6
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 1.59 bp | 6.2 bp −$6 | 18.8 bp −$188 | 102.0 bp −$10.2K | 213.0 bp −$106.5K |
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 | 0.06300 | +0.107% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0016% | 1h | 0.06300 | +0.104% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.528% | $553 | $220K | 5.5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0068% | 1h | 0.06304 | +0.175% | $35K | $67K | 10x | as long as short |
| MEXC PYTH_USDTshort | +0.0094% | 4h | 0.06294 | +0.012% | $10.6M | $2.8M | 125x | |
| Lighter PYTH | +0.0096% | 1h | 0.06302 | +0.139% | $194K | $221K | 5x | as long as short |
| BloFin PYTH-USDT | +0.0097% | 4h | 0.06287 | −0.099% | $427K | $72K | 75x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06294 | +0.012% | $9.1M | $19.9M | 75x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06299 | +0.090% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06304 | +0.174% | $2.2M | $1.9M | 5x | as long as short |
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
Injective PYTH/USDC PERP
Backpack PYTH_USDC_PERP
Lighter PYTH
BloFin PYTH-USDT
Binance PYTHUSDT
Paradex PYTH-USD-PERP
Hyperliquid PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PYTHUSDT | +0.0100% | 4h | 0.06293 | −0.002% | $21K | $47K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06297 | +0.059% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06299 | +0.091% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06291 | −0.036% | $1.0M | $539K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06299 | +0.091% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06297 | +0.059% | $2.6M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06296 | +0.044% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06266 | −0.435% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06296 | +0.042% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06295 | +0.028% | $22K | — | 3x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06293 | long leg | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0453% | 1h | 0.06300 | +0.105% | $382K | $307K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0472% | 1h | 0.06427 | +2.125% | $40K | $19K | 25x | as long as short |
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX