Funding you earn now, next payment 09:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.009%
Price spread now: Binance against dYdX−0.065%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.065%, 7d avg −0.124%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.060% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PYTH-USD | 0.06357 | 0.0008 | pay 0.0001% / 1h | 14m 02s | $189K | $13 | 5x |
| Short | Binance PYTHUSDT | 0.06353 | 0.0100 | get 0.0050% / 4h | 3h 14m | $9.1M | $19.5M | 75x |
dYdX PYTH-USD
Binance PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- $19.33
- Price spread: −0.065% → −0.124%
- $5.99
- Slippage, 4 orders
- −$100.77
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.44
- Costs to cover
- 1.208%
- Break-even
- 41.6 days
Slippage from dYdX: live order book, 20 min ago; Binance: live order book, 12 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 dYdX live order book, 20 min ago | 30.91 bp | 35.9 bp −$36 | 83.2 bp −$832 | 127.5 bp −$12.8K | 416.0 bp −$208.0K |
| Sell Binance live order book, 12 min ago | 1.59 bp | 14.3 bp −$14 | 35.4 bp −$354 | 231.0 bp −$23.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06362 | +0.078% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USDlong | +0.0008% | 1h | 0.06357 | long leg | $189K | $13 | 5x | |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.527% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0091% | 4h | 0.06351 | −0.095% | $428K | $72K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06367 | +0.157% | $197K | $217K | 5x | as long as short |
| MEXC PYTH_USDT | +0.0098% | 4h | 0.06351 | −0.095% | $11.4M | $3.0M | 125x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06356 | −0.013% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06361 | +0.065% | $2.1M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06351 | −0.095% | $19K | $49K | 10x | as long as short |
| Binance PYTHUSDTshort | +0.0100% | 4h | 0.06353 | −0.065% | $9.1M | $19.5M | 75x |
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
MEXC PYTH_USDT
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06358 | +0.015% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06355 | −0.032% | $2.1M | $3.6M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06351 | −0.095% | $1.0M | $512K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06359 | +0.031% | $1.5M | $369K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06353 | −0.064% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06355 | −0.032% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06366 | +0.136% | $35K | $53K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06348 | −0.141% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06359 | +0.032% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06363 | +0.087% | $23K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06340 | −0.267% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0463% | 1h | 0.06366 | +0.143% | $386K | $292K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.100% | $40K | $19K | 25x | as long as short |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX