Funding you earn now, next payment 00:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Aster−0.177%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.177% cheaper against Aster than usual: you would sell low and buy high (−$18 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 | Aster PYTHUSDT | 0.06361 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $20K | $26K | 10x |
| Short | Binance PYTHUSDT | 0.06350 | −0.0010 | pay 0.0005% / 4h | 2h 48m | $9.2M | $15.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$23.09
- Price spread: −0.177% → 0.000%
- −$17.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.84
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 8 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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.57 bp | 15.9 bp −$16 | 31.6 bp −$316 | 195.4 bp −$19.5K | doesn't fit |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | −0.177% | $561 | $180K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0222% | 1h | 0.06360 | −0.020% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0215% | 1h | 0.06358 | −0.046% | $385K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0088% | 4h | 0.06350 | −0.177% | $1.1M | $463K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0068% | 4h | 0.06349 | −0.193% | $420K | $122K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0012% | 4h | 0.06349 | −0.193% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDTshort | −0.0010% | 4h | 0.06350 | −0.177% | $9.2M | $15.9M | 75x | |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06362 | +0.011% | $189K | $19 | 5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.096% | $40K | $9K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06357 | −0.066% | $23K | — | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06362 | +0.011% | $197K | $203K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0098% | 8h | 0.06352 | −0.148% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06356 | −0.080% | $1.7M | $1.4M | 5x | as long as short |
| Aster PYTHUSDTlong | +0.0100% | 4h | 0.06361 | long leg | $20K | $26K | 10x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06350 | −0.177% | $7.5M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06351 | −0.162% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06358 | −0.052% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06353 | −0.130% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06354 | −0.115% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06350 | −0.185% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06357 | −0.069% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06349 | −0.190% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0481% | 1h | 0.06360 | −0.014% | $38K | $88K | 10x | as long as short |
Aster PYTHUSDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
BloFin PYTH-USDT
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Backpack PYTH_USDC_PERP