Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%
Price spread now: Hyperliquid against Aevo+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.055% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread 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 | Aevo PYTH-PERP | 0.06345 | 0.0064 | pay 0.0008% / 1h | 6m 57s | $23K | — | 3x |
| Short | Hyperliquid PYTH | 0.06348 | 0.0100 | get 0.0013% / 1h | 6m 57s | $2.0M | $1.7M | 5x |
Aevo PYTH-PERP
Hyperliquid PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aevo. 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
- $7.56
- Price spread: +0.055% → 0.000%
- $5.52
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.92
- Costs to cover
- 0.250%
- Break-even
- 18.0 days
Slippage unknown: Aevo: no order-book sample; Hyperliquid: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 4 min ago | 2.20 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0070% | 4h | 0.06333 | −0.189% | $1.0M | $501K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06369 | +0.378% | $39K | $18K | 25x | as long as short |
| Binance PYTHUSDT | −0.0062% | 4h | 0.06344 | −0.013% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0062% | 4h | 0.06348 | +0.047% | $9.6M | $2.4M | 125x | as long as short |
| Aster PYTHUSDT | −0.0013% | 4h | 0.06349 | +0.071% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06354 | +0.138% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.340% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERPlong | +0.0064% | 1h | 0.06345 | long leg | $23K | — | 3x | |
| Lighter PYTH | +0.0096% | 1h | 0.06353 | +0.126% | $191K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06344 | −0.022% | $3K | — | 10x | as long as short |
Gate PYTH_USDT
Coinbase International PYTH-PERP-INTX
Binance PYTHUSDT
MEXC PYTH_USDT
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTHshort | +0.0100% | 1h | 0.06348 | +0.055% | $2.0M | $1.7M | 5x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06345 | 0.000% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06344 | −0.016% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06346 | +0.016% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06342 | −0.047% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06341 | −0.063% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06351 | +0.088% | $39K | $92K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06357 | +0.187% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06346 | +0.009% | $3K | $2K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0222% | 1h | 0.06354 | +0.142% | $10K | $10K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06342 | −0.052% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0377% | 1h | 0.06351 | +0.097% | $388K | $292K | 25x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Deribit PYTH_USDC-PERPETUAL
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD