Funding you earn now, next payment 19:00 UTC−0.0137%/8hpaid last 24h +0.020%
Price spread now: Paradex against Coinbase International−0.413%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$4 a day on $10k at the current rate, and Paradex is 0.413% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 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 | Coinbase International PYTH-PERP-INTX | 0.06369 | 0.0232 | pay 0.0029% / 1h | 6m 52s | $39K | $9K | 25x |
| Short | Paradex PYTH-USD-PERP | 0.06343 | 0.0095 | get 0.0095% / 8h | 4h 06m | $3K | $56 | 10x |
Coinbase International PYTH-PERP-INTX
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Coinbase International. 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
- −$28.75
- Price spread: −0.413% → 0.000%
- −$41.31
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$84.06
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Paradex: 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Coinbase International and Paradex: 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 | −0.0507% | 1h | 0.06367 | −0.031% | $563 | $143K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0249% | 1h | 0.06351 | −0.284% | $382K | $224K | 25x | as long as short |
| Bybit PYTHUSDT | −0.0177% | 4h | 0.06340 | −0.455% | $7.4M | $4.9M | 50x | as long as short |
| Gate PYTH_USDT | −0.0172% | 4h | 0.06339 | −0.471% | $1.1M | $523K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06360 | −0.136% | $189K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06351 | −0.283% | $10K | $10K | 10x | as long as short |
| Binance PYTHUSDT | +0.0039% | 4h | 0.06341 | −0.444% | $9.1M | $15.8M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0042% | 4h | 0.06341 | −0.440% | $9.5M | $2.5M | 125x | as long as short |
| BloFin PYTH-USDT | +0.0083% | 4h | 0.06344 | −0.393% | $427K | $126K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06349 | −0.306% | $23K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Bybit PYTHUSDT
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERPshort | +0.0095% | 8h | 0.06343 | −0.413% | $3K | $56 | 10x | |
| Lighter PYTH | +0.0096% | 1h | 0.06353 | −0.251% | $197K | $202K | 5x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06343 | −0.405% | $1.6M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06347 | −0.348% | $21K | $34K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06341 | −0.440% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06347 | −0.345% | $1.5M | $336K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06338 | −0.487% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06343 | −0.408% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06347 | −0.347% | $38K | $90K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06356 | −0.205% | $44K | $17K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06347 | −0.339% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXlong | +0.0232% | 1h | 0.06369 | long leg | $39K | $9K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06340 | −0.456% | — | — | 20x | as long as short |
Lighter PYTH
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP