Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h −0.019%
Price spread now: dYdX against MEXC+0.353%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$2022.017% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.353%, 7d avg +0.123%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and dYdX is 0.230% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.123%. Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PYTH_USDT | 0.06312 | −0.0154 | get 0.0077% / 4h | 26m 02s | $9.4M | $2.4M | 125x |
| Short | dYdX PYTH-USD | 0.06334 | 0 | get 0.0000% / 1h | 26m 02s | $188K | $19 | 5x |
MEXC PYTH_USDT
dYdX PYTH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against MEXC. 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
- $32.34
- Price spread: +0.353% → +0.123%
- $23.03
- Slippage, 4 orders
- −$191.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$146.29
- Costs to cover
- 2.017%
- Break-even
- 38.7 days
Slippage from MEXC: live order book, 2 min ago; dYdX: live order book, 53 min ago.
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 MEXC live order book, 2 min ago | 0.79 bp | 4.5 bp −$4 | 9.4 bp −$94 | 85.5 bp −$8,550 | 203.2 bp −$101.6K |
| Sell dYdX live order book, 53 min ago | 91.50 bp | 96.5 bp −$96 | 212.7 bp −$2,127 | 295.2 bp −$29.5K | 526.2 bp −$263.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PYTHUSD | −0.0399% | 1h | 0.06320 | +0.134% | $376K | $264K | 25x | as long as short |
| Binance PYTHUSDT | −0.0160% | 4h | 0.06314 | +0.032% | $9.0M | $17.1M | 75x | as long as short |
| MEXC PYTH_USDTlong | −0.0154% | 4h | 0.06312 | long leg | $9.4M | $2.4M | 125x | |
| BloFin PYTH-USDT | −0.0105% | 4h | 0.06316 | +0.063% | $422K | $114K | 75x | as long as short |
| dYdX PYTH-USDshort | 0.0000% | 1h | 0.06334 | +0.353% | $188K | $19 | 5x | |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06322 | +0.158% | $10K | $10K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0002% | 4h | 0.06319 | +0.111% | $7.4M | $4.8M | 50x | as long as short |
| Aster PYTHUSDT | +0.0007% | 4h | 0.06328 | +0.254% | $22K | $44K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.824% | $553 | $220K | 5.5x | as long as short |
| Gate PYTH_USDT | +0.0036% | 4h | 0.06316 | +0.063% | $1.1M | $474K | 75x | as long as short |
Kraken Futures PF_PYTHUSD
Binance PYTHUSDT
BloFin PYTH-USDT
Deribit PYTH_USDC-PERPETUAL
Bybit PYTHUSDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Gate PYTH_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0040% | 1h | 0.06320 | +0.127% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06325 | +0.206% | $200K | $217K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06318 | +0.091% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06322 | +0.157% | $1.7M | $1.5M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06316 | +0.063% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06326 | +0.222% | $1.5M | $314K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06317 | +0.079% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06318 | +0.095% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06325 | +0.202% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06317 | +0.084% | $3K | $1K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06328 | +0.253% | $39K | $6K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06317 | +0.087% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0540% | 1h | 0.06325 | +0.203% | $36K | $89K | 10x | as long as short |
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP