Settings8H · net · $10k
Funding arb · Price arb /

PYTH

all PYTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.001%
Price spread now: Paradex against KuCoin−0.020%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.020% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PYTHUSDTM0.062970.0100pay 0.0050% / 4h1h 04m$1.5M$309K50x
ShortParadex PYTH-USD-PERP0.062960.0099get 0.0099% / 8h1h 04m$3K$5610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.11
Price spread: −0.020% → 0.000%
−$2.03
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$18.14
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago7.96 bp120.9 bp −$121876.9 bp −$8,769doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PYTH/USDC PERP−0.0428%1h0.06260−0.588%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06295−0.027%$382K$248K25xas long as short
BloFin PYTH-USDT−0.0142%4h0.06283−0.222%$420K$114K75xas long as short
Binance PYTHUSDT−0.0104%4h0.062970.000%$9.0M$17.0M75xas long as short
MEXC PYTH_USDT−0.0102%4h0.06293−0.064%$9.2M$2.3M125xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0067%1h0.06299+0.032%$10K$10K10xas long as short
Gate PYTH_USDT−0.0036%4h0.06288−0.143%$1.1M$480K75xas long as short
Bybit PYTHUSDT−0.0029%4h0.06300+0.048%$7.4M$4.7M50xas long as short
dYdX PYTH-USD0.0000%1h0.06295−0.030%$187K$195xas long as short
Aster PYTHUSDT+0.0055%4h0.06291−0.093%$25K$40K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0056%1h0.06295−0.032%$22K3xas long as short
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.128%$40K$6K25xas long as short
Lighter PYTH+0.0096%1h0.06303+0.095%$201K$216K5xas long as short
Paradex PYTH-USD-PERPshort+0.0099%8h0.06296−0.020%$3K$5610x
Hyperliquid PYTH+0.0100%1h0.06302+0.073%$1.7M$1.5M5xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06299+0.032%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTMlong+0.0100%4h0.06297long leg$1.5M$309K50x
Bitget PYTHUSDT+0.0100%4h0.06295−0.032%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.062970.000%$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06300+0.041%$38K$88K10xas long as short
Variational Omni PYTH+0.0100%4h0.06290−0.117%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06292−0.076%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06294−0.049%20xas long as short