Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.032%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.032%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.046% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PYTHUSDT | 0.06347 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $2.6M | $1.9M | 75x |
| Short | BingX PYTH-USDT | 0.06345 | 0.0100 | get 0.0050% / 4h | 2h 46m | — | $2.8M | — |
Bitget PYTHUSDT
BingX PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- Price spread: −0.032% → +0.015%
- −$4.62
- Slippage, 4 orders
- −$45.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$71.89
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 3 min ago.
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 Bitget live order book, 1 min ago | 2.36 bp | 15.0 bp −$15 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 3.15 bp | 17.3 bp −$17 | 44.4 bp −$444 | 225.1 bp −$22.5K | 435.4 bp −$217.7K |
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 | +0.047% | $561 | $180K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0379% | 1h | 0.06358 | +0.173% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06352 | +0.081% | $384K | $240K | 25x | as long as short |
| Gate PYTH_USDT | −0.0100% | 4h | 0.06338 | −0.142% | $1.1M | $464K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0048% | 4h | 0.06346 | −0.016% | $427K | $121K | 75x | as long as short |
| Binance PYTHUSDT | −0.0012% | 4h | 0.06341 | −0.095% | $9.2M | $15.9M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0008% | 4h | 0.06342 | −0.079% | $9.4M | $2.4M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06356 | +0.142% | $189K | $19 | 5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.323% | $40K | $9K | 25x | as long as short |
| Bybit PYTHUSDT | +0.0066% | 4h | 0.06345 | −0.032% | $7.5M | $5.0M | 50x | as long as short |
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
Gate PYTH_USDT
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Coinbase International PYTH-PERP-INTX
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06354 | +0.106% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06352 | +0.079% | $197K | $203K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0098% | 8h | 0.06340 | −0.105% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06347 | +0.003% | $1.7M | $1.4M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06350 | +0.039% | $20K | $26K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06345 | −0.032% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06349 | +0.032% | $1.5M | $313K | 50x | as long as short |
| Bitget PYTHUSDTlong | +0.0100% | 4h | 0.06347 | long leg | $2.6M | $1.9M | 75x | |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06345 | −0.032% | — | $2.8M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06350 | +0.040% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06346 | −0.008% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06345 | −0.029% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0468% | 1h | 0.06353 | +0.102% | $38K | $88K | 10x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP