Funding you earn now, next payment 09:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.024%
Price spread now: Kraken Futures against Aevo+0.074%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—needs both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.074% dearer against Aevo than usual: you sell high and buy low: +$7 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 | 0.06352 | 0.0104 | pay 0.0013% / 1h | 2m 05s | $23K | — | 3x |
| Short | Kraken Futures PF_PYTHUSD | 0.06356 | 0.0464 | get 0.0058% / 1h | 2m 05s | $385K | $277K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $75.54
- Price spread: +0.074% → 0.000%
- $7.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $56.91
- Costs to cover
- 0.260%
- Break-even
- 1.7 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 31 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 Kraken Futures live order book, 31 min ago | 17.50 bp | 31.2 bp −$31 | 164.1 bp −$1,641 | 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 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 | 0.06352 | +0.003% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0006% | 1h | 0.06363 | +0.172% | $189K | $13 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.445% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0092% | 4h | 0.06355 | +0.050% | $429K | $73K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06359 | +0.113% | $195K | $222K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06352 | +0.004% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06356 | +0.061% | $2.1M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06350 | −0.024% | $19K | $48K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06347 | −0.074% | $9.1M | $19.3M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06352 | +0.003% | $7.6M | $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 | 0.06356 | +0.066% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06348 | −0.060% | $1.0M | $515K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06348 | −0.060% | $11.4M | $3.1M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06357 | +0.082% | $1.5M | $367K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06358 | +0.098% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06353 | +0.019% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06358 | +0.099% | $35K | $53K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06363 | +0.176% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06354 | +0.028% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERPlong | +0.0104% | 1h | 0.06352 | long leg | $23K | — | 3x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06347 | −0.074% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSDshort | +0.0464% | 1h | 0.06356 | +0.074% | $385K | $277K | 25x | |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.184% | $40K | $19K | 25x | as long as short |
Kraken Futures PF_PYTHUSD
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
Coinbase International PYTH-PERP-INTX