Funding you earn now, next payment 10:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.024%
Price spread now: BloFin against dYdX−0.011%92s7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1341.343% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)−0.461%−$46 · spread now −0.011%, 7d avg −0.148%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.137% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.148%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PYTH-USD | 0.06274 | 0 | get 0.0000% / 1h | 19m 17s | $186K | $13 | 5x |
| Short | BloFin PYTH-USDT | 0.06273 | 0.0158 | get 0.0079% / 4h | 2h 19m | $426K | $72K | 75x |
dYdX PYTH-USD
BloFin PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $33.12
- Price spread: −0.011% → −0.148%
- $13.67
- Slippage, 4 orders
- −$112.3
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.51
- Costs to cover
- 1.343%
- Break-even
- 25.5 days
Slippage from dYdX: live order book, 32 min ago; BloFin: live order book, 29 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, 32 min ago | 43.00 bp | 56.9 bp −$57 | 150.7 bp −$1,507 | 199.6 bp −$20.0K | 829.7 bp −$414.8K |
| Sell BloFin live order book, 29 min ago | 5.61 bp | 14.7 bp −$15 | 30.5 bp −$305 | 99.1 bp −$9,908 | doesn't fit |
PYTH on 23 exchanges
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 | −0.0050% | 1h | 0.06279 | +0.091% | $35K | $53K | 10x | as long as short |
| dYdX PYTH-USDlong | 0.0000% | 1h | 0.06274 | long leg | $186K | $13 | 5x | |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06272 | −0.027% | $10K | — | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.218% | $553 | $220K | 5.5x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06278 | +0.069% | $194K | $207K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06265 | −0.138% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06276 | +0.039% | $2.1M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06277 | +0.049% | $19K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06270 | −0.059% | $8.9M | $19.1M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06273 | −0.011% | $7.5M | $4.4M | 50x | as long as short |
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06273 | −0.011% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06267 | −0.107% | $1.0M | $495K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06269 | −0.075% | $11.2M | $2.9M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06274 | +0.005% | $1.5M | $359K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06274 | +0.005% | $2.6M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06272 | −0.027% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06270 | −0.055% | $39K | $24K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06270 | −0.062% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06270 | −0.059% | $22K | — | 3x | as long as short |
| BloFin PYTH-USDTshort | +0.0158% | 4h | 0.06273 | −0.011% | $426K | $72K | 75x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06271 | −0.044% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0462% | 1h | 0.06278 | +0.076% | $381K | $259K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0616% | 1h | 0.06330 | +0.898% | $39K | $20K | 25x | as long as short |
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX