Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Coinbase International against BingX+1.269%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 1.269% dearer against BingX than usual: you sell high and buy low, +$127 on $10k if it 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 | BingX PYTH-USDT | 0.06305 | 0.0100 | pay 0.0050% / 4h | 49m 05s | — | $2.7M | — |
| Short | Coinbase International PYTH-PERP-INTX | 0.06385 | 0.0104 | get 0.0013% / 1h | 49m 05s | $40K | $18K | 25x |
BingX PYTH-USDT
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- $0.84
- Price spread: +1.269% → 0.000%
- $126.88
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $107.72
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 1 min ago; Coinbase International: no order-book sample. 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 BingX live order book, 1 min ago | 3.97 bp | 18.5 bp −$18 | 41.4 bp −$414 | 275.9 bp −$27.6K | 506.7 bp −$253.4K |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0389% | 1h | 0.06308 | +0.048% | $37K | $50K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0384% | 1h | 0.06307 | +0.032% | $10K | $10K | 10x | as long as short |
| Gate PYTH_USDT | −0.0190% | 4h | 0.06298 | −0.111% | $1.0M | $504K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0018% | 4h | 0.06331 | +0.412% | $351K | $84K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06314 | +0.141% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.714% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0034% | 4h | 0.06299 | −0.095% | $10.0M | $2.5M | 125x | as long as short |
| Aster PYTHUSDT | +0.0035% | 4h | 0.06315 | +0.157% | $20K | $43K | 10x | as long as short |
| Binance PYTHUSDT | +0.0039% | 4h | 0.06299 | −0.095% | $9.0M | $17.9M | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06310 | +0.086% | $23K | — | 3x | as long as short |
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL
Gate PYTH_USDT
BloFin PYTH-USDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Aster PYTHUSDT
Binance PYTHUSDT
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06309 | +0.063% | $190K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06303 | −0.030% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06309 | +0.068% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06304 | −0.016% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06306 | +0.016% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06315 | +0.159% | $1.5M | $344K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.079% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDTlong | +0.0100% | 4h | 0.06305 | long leg | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06323 | +0.284% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06306 | +0.016% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0104% | 1h | 0.06385 | +1.269% | $40K | $18K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06301 | −0.068% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0415% | 1h | 0.06308 | +0.054% | $385K | $293K | 25x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD