Funding you earn now, next payment 11:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h —
Price spread now: Reya against KuCoin−0.014%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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: +$6 a day on $10k at the current rate. The two prices were read 49 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 | KuCoin PYTHUSDTM | 0.06210 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.5M | $255K | 50x |
| Short | Reya PYTHRUSDPERP | 0.06209 | 0.0302 | get 0.0038% / 1h | 5m 39s | — | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $42.51
- Price spread: −0.014% → 0.000%
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $23.07
- Costs to cover
- 0.180%
- Break-even
- 3.2 days
Slippage unknown: KuCoin: live order book, 3 min ago; Reya: 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, 3 min ago | 6.44 bp | 356.4 bp −$356 | 839.0 bp −$8,390 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06210 | 0.000% | $10K | — | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | +0.805% | $553 | $220K | 5.5x | as long as short |
| dYdX PYTH-USD | +0.0070% | 1h | 0.06210 | +0.002% | $184K | $3 | 5x | as long as short |
| BloFin PYTH-USDT | +0.0081% | 4h | 0.06209 | −0.016% | $425K | $75K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06215 | +0.081% | $189K | $192K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06205 | −0.080% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06214 | +0.060% | $2.1M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06214 | +0.072% | $19K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06207 | −0.054% | $8.8M | $18.5M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06214 | +0.064% | $7.4M | $4.4M | 50x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06208 | −0.032% | $2.0M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06203 | −0.113% | $1.0M | $456K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06207 | −0.048% | $11.0M | $2.9M | 125x | as long as short |
| KuCoin PYTHUSDTMlong | +0.0100% | 4h | 0.06210 | long leg | $1.5M | $255K | 50x | |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06210 | 0.000% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06207 | −0.048% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06216 | +0.093% | $37K | $53K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06212 | +0.030% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06210 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06210 | +0.006% | $22K | — | 3x | as long as short |
| Reya PYTHRUSDPERPshort | +0.0302% | 1h | 0.06209 | −0.014% | — | — | 20x | |
| Kraken Futures PF_PYTHUSD | +0.0385% | 1h | 0.06218 | +0.124% | $377K | $225K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0640% | 1h | 0.06330 | +1.932% | $39K | $20K | 25x | as long as short |
KuCoin PYTHUSDTM
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
MEXC PYTH_USDT
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX