Funding you earn now, next payment 08:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h −0.020%
Price spread now: Paradex against Kraken Futures+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PYTHUSD | 0.06300 | 0.0453 | pay 0.0057% / 1h | 15m 38s | $382K | $306K | 25x |
| Short | Paradex PYTH-USD-PERP | 0.06300 | 0.0100 | get 0.0100% / 8h | 15m 38s | $3K | — | 10x |
Kraken Futures PF_PYTHUSD
Paradex PYTH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Kraken Futures. 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
- −$74.1
- Price spread: +0.008% → 0.000%
- $0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$87.27
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 22 min ago; Paradex: 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 Kraken Futures live order book, 22 min ago | 21.44 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PYTH-USD | +0.0015% | 1h | 0.06300 | 0.000% | $187K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.632% | $553 | $220K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0067% | 1h | 0.06303 | +0.051% | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0073% | 1h | 0.06303 | +0.051% | $35K | $67K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06303 | +0.051% | $194K | $221K | 5x | as long as short |
| BloFin PYTH-USDT | +0.0097% | 4h | 0.06287 | −0.203% | $427K | $72K | 75x | as long as short |
| Paradex PYTH-USD-PERPshort | +0.0100% | 8h | 0.06300 | +0.008% | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06303 | +0.055% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06295 | −0.072% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06298 | −0.029% | $9.1M | $19.9M | 75x | as long as short |
dYdX PYTH-USD
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Backpack PYTH_USDC_PERP
Lighter PYTH
BloFin PYTH-USDT
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 | −0.013% | $7.5M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06300 | +0.003% | $2.1M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06293 | −0.108% | $1.0M | $539K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06295 | −0.076% | $10.6M | $2.8M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06300 | +0.003% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06298 | −0.029% | $2.6M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06299 | −0.013% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06296 | −0.068% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06296 | −0.057% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06295 | −0.076% | $22K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06293 | −0.104% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSDlong | +0.0453% | 1h | 0.06300 | long leg | $382K | $306K | 25x | |
| Coinbase International PYTH-PERP-INTX | +0.0472% | 1h | 0.06427 | +2.019% | $40K | $19K | 25x | as long as short |
Bybit PYTHUSDT
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
Coinbase International PYTH-PERP-INTX