PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.016%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.402% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.016%, 7d avg +0.001%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PYTHUSDT	0.06329	0.0050	pay 0.0025% / 4h	2h 54m	$9.0M	$18.5M	75x
Short	MEXC PYTH_USDT	0.06330	0.0048	get 0.0024% / 4h	2h 54m	$10.6M	$2.6M	125x

Funding history

latest

Range statsloading…

MEXC against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now +0.016%Rate

Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 2 min ago	1.58 bp	14.9 bp −$15	36.6 bp −$366	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.79 bp	4.7 bp −$5	38.5 bp −$385	103.4 bp −$10.3K	217.6 bp −$108.8K

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	−0.0381%	1h	0.06337	+0.126%	$10K	$10K	10x	as long as short
Backpack PYTH_USDC_PERP	−0.0377%	1h	0.06338	+0.147%	$38K	$63K	10x	as long as short
Gate PYTH_USDT	−0.0062%	4h	0.06329	0.000%	$1.0M	$518K	75x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06348	+0.298%	$188K	$19	5x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.090%	$553	$220K	5.5x	as long as short
MEXC PYTH_USDTshort	+0.0048%	4h	0.06330	+0.016%	$10.6M	$2.6M	125x
Binance PYTHUSDTlong	+0.0050%	4h	0.06329	long leg	$9.0M	$18.5M	75x
BloFin PYTH-USDT	+0.0085%	4h	0.06348	+0.300%	$429K	$77K	75x	as long as short
Lighter PYTH	+0.0096%	1h	0.06341	+0.190%	$194K	$206K	5x	as long as short
Aevo PYTH-PERP	+0.0096%	1h	0.06331	+0.024%	$23K	—	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06330	+0.013%	$3K	—	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06341	+0.183%	$2.3M	$1.8M	5x	as long as short
Aster PYTHUSDT	+0.0100%	4h	0.06339	+0.153%	$20K	$45K	10x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06331	+0.032%	$7.4M	$4.8M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06330	+0.016%	$2.1M	$3.5M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06339	+0.158%	$1.5M	$348K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06331	+0.032%	$2.7M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06332	+0.047%	—	$2.8M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06348	+0.306%	$38K	$25K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06332	+0.051%	$2K	$2K	10x	as long as short
Kraken Futures PF_PYTHUSD	+0.0235%	1h	0.06339	+0.163%	$387K	$302K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06328	−0.008%	—	—	20x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0312%	1h	0.06493	+2.591%	$40K	$19K	25x	as long as short