Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.003%
Price spread now: Aevo against KuCoin−0.047%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PYTHUSDTM | 0.06393 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $1.5M | $323K | 50x |
| Short | Aevo PYTH-PERP | 0.06390 | 0.0040 | get 0.0005% / 1h | 35m 38s | $23K | — | 3x |
KuCoin PYTHUSDTM
Aevo PYTH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against KuCoin. 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
- −$12.6
- Price spread: −0.047% → 0.000%
- −$4.69
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$45.29
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Aevo: 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 KuCoin live order book, 10 min ago | 12.58 bp | 123.4 bp −$123 | 811.6 bp −$8,116 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.0182% | 4h | 0.06363 | −0.469% | $427K | $112K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0154% | 4h | 0.06389 | −0.063% | $9.7M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0149% | 4h | 0.06388 | −0.078% | $9.2M | $17.5M | 75x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0136% | 1h | 0.06394 | +0.008% | $393K | $290K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06368 | −0.391% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06396 | +0.044% | $190K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06391 | −0.031% | $10K | $10K | 10x | as long as short |
| Aster PYTHUSDT | +0.0008% | 4h | 0.06389 | −0.062% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.080% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERPshort | +0.0040% | 1h | 0.06390 | −0.047% | $23K | — | 3x |
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Aster PYTHUSDT
Injective PYTH/USDC PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06399 | +0.094% | $202K | $198K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06388 | −0.073% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06395 | +0.025% | $1.9M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06395 | +0.031% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06392 | −0.016% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06386 | −0.109% | $1.1M | $469K | 75x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06393 | long leg | $1.5M | $323K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06392 | −0.016% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06390 | −0.047% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06387 | −0.094% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06386 | −0.106% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06387 | −0.090% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0933% | 1h | 0.06398 | +0.078% | $35K | $92K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP