Funding you earn now, next payment 08:00 UTC+0.0533%/8h= +58.4% APRnext payment +$0.67 per $10,000 · paid last 24h +0.043%
Price spread now: Coinbase International against dYdX+2.035%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
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 2.035% dearer against dYdX than usual: you sell high and buy low: +$204 more if the spread 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 | dYdX PYTH-USD | 0.06299 | 0.0003 | pay 0.0000% / 1h | 52m 34s | $187K | $19 | 5x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06427 | 0.0536 | get 0.0067% / 1h | 52m 34s | $40K | $19K | 25x |
dYdX PYTH-USD
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $111.93
- Price spread: +2.035% → 0.000%
- $203.5
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $295.43
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 46 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 dYdX live order book, 46 min ago | 30.07 bp | 37.3 bp −$37 | 139.5 bp −$1,395 | 172.3 bp −$17.2K | 380.2 bp −$190.1K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0004% | 4h | 0.06289 | −0.156% | $1.0M | $508K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06301 | +0.035% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USDlong | +0.0003% | 1h | 0.06299 | long leg | $187K | $19 | 5x | |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.616% | $553 | $220K | 5.5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0051% | 1h | 0.06305 | +0.095% | $35K | $61K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06302 | +0.051% | $194K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06288 | −0.164% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06301 | +0.038% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06292 | −0.116% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06296 | −0.045% | $9.0M | $19.9M | 75x | as long as short |
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
Backpack PYTH_USDC_PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06299 | +0.003% | $7.5M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06299 | +0.003% | $2.1M | $3.5M | 50x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06297 | −0.029% | $10.5M | $2.7M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06297 | −0.029% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06296 | −0.045% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06298 | −0.013% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06302 | +0.050% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06297 | −0.030% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06296 | −0.038% | $22K | — | 3x | as long as short |
| BloFin PYTH-USDT | +0.0150% | 4h | 0.06303 | +0.066% | $429K | $72K | 75x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06296 | −0.045% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0468% | 1h | 0.06303 | +0.069% | $382K | $303K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0536% | 1h | 0.06427 | +2.035% | $40K | $19K | 25x |
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
BloFin PYTH-USDT
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD