Funding you earn now, next payment 23:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.005%
Price spread now: Coinbase International against Gate+0.158%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 +$4 a day on $10k at the current rate, and Coinbase International is 0.158% dearer against Gate than usual: you sell high and buy low: +$16 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 | Gate PYTH_USDT | 0.06314 | 0.0044 | pay 0.0022% / 4h | 4m 52s | $1.1M | $477K | 75x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06324 | 0.0176 | get 0.0022% / 1h | 4m 52s | $39K | $6K | 25x |
Gate PYTH_USDT
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $27.72
- Price spread: +0.158% → 0.000%
- $15.84
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $18.56
- Costs to cover
- 0.250%
- Break-even
- 2.3 days
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 3.17 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0399% | 1h | 0.06320 | +0.088% | $376K | $264K | 25x | as long as short |
| Binance PYTHUSDT | −0.0196% | 4h | 0.06320 | +0.095% | $9.0M | $17.2M | 75x | as long as short |
| BloFin PYTH-USDT | −0.0189% | 4h | 0.06312 | −0.032% | $420K | $114K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0186% | 4h | 0.06318 | +0.063% | $9.4M | $2.4M | 125x | as long as short |
| Aster PYTHUSDT | −0.0024% | 4h | 0.06324 | +0.161% | $22K | $44K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06321 | +0.112% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06320 | +0.095% | $10K | $10K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0026% | 4h | 0.06323 | +0.143% | $7.5M | $4.8M | 50x | as long as short |
| Aevo PYTH-PERP | +0.0032% | 1h | 0.06317 | +0.049% | $23K | — | 3x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.855% | $553 | $220K | 5.5x | as long as short |
Kraken Futures PF_PYTHUSD
Binance PYTHUSDT
BloFin PYTH-USDT
MEXC PYTH_USDT
Aster PYTHUSDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Bybit PYTHUSDT
Aevo PYTH-PERP
Injective PYTH/USDC PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDTlong | +0.0044% | 4h | 0.06314 | long leg | $1.1M | $477K | 75x | |
| Lighter PYTH | +0.0096% | 1h | 0.06324 | +0.158% | $200K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06310 | −0.062% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06323 | +0.146% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06322 | +0.127% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06324 | +0.158% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06322 | +0.127% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06323 | +0.143% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06312 | −0.037% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06315 | +0.021% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0176% | 1h | 0.06324 | +0.158% | $39K | $6K | 25x | |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06315 | +0.022% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0504% | 1h | 0.06323 | +0.141% | $36K | $89K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP