Funding you earn now, next payment 22:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.63 per $10,000 · paid last 24h +0.036%
Price spread now: Coinbase International against Injective+2.732%64s7-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 +$15 a day on $10k at the current rate, and Coinbase International is 2.732% dearer against Injective than usual: you sell high and buy low: +$273 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 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 | Injective PYTH/USDC PERP | 0.06260 | −0.0428 | get 0.0053% / 1h | 33m 24s | $553 | $220K | 5.5x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06431 | 0.0080 | get 0.0010% / 1h | 33m 24s | $40K | $6K | 25x |
Injective PYTH/USDC PERP
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Injective. 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
- $106.62
- Price spread: +2.732% → 0.000%
- $273.16
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $369.76
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERPlong | −0.0428% | 1h | 0.06260 | long leg | $553 | $220K | 5.5x | |
| Kraken Futures PF_PYTHUSD | −0.0208% | 1h | 0.06295 | +0.562% | $382K | $252K | 25x | as long as short |
| Bybit PYTHUSDT | −0.0051% | 4h | 0.06292 | +0.511% | $7.4M | $5.1M | 50x | as long as short |
| BloFin PYTH-USDT | −0.0033% | 4h | 0.06283 | +0.367% | $420K | $115K | 75x | as long as short |
| Gate PYTH_USDT | −0.0024% | 4h | 0.06285 | +0.399% | $1.1M | $479K | 75x | as long as short |
| Binance PYTHUSDT | −0.0017% | 4h | 0.06284 | +0.379% | $9.1M | $17.0M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0012% | 4h | 0.06289 | +0.463% | $9.1M | $2.3M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06299 | +0.626% | $187K | $19 | 5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06294 | +0.546% | $22K | — | 3x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0080% | 1h | 0.06431 | +2.732% | $40K | $6K | 25x |
Kraken Futures PF_PYTHUSD
Bybit PYTHUSDT
BloFin PYTH-USDT
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06302 | +0.671% | $197K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06291 | +0.498% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06291 | +0.490% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06289 | +0.463% | $25K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06286 | +0.415% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06293 | +0.527% | $1.5M | $315K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06288 | +0.447% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06287 | +0.431% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06295 | +0.561% | $38K | $88K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06293 | +0.524% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06286 | +0.417% | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0227% | 1h | 0.06294 | +0.543% | $10K | $10K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06285 | +0.406% | — | — | 20x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
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
Deribit PYTH_USDC-PERPETUAL
Reya PYTHRUSDPERP