Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Binance against OKX−0.007%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.007%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06303 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $2.1M | $3.5M | 50x |
| Short | Binance PYTHUSDT | 0.06303 | 0.0100 | get 0.0050% / 4h | 3h 56m | $9.1M | $19.9M | 75x |
OKX PYTH-USDT-SWAP
Binance PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: −0.007% → −0.042%
- $3.51
- Slippage, 4 orders
- −$43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.49
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 14 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 OKX live order book, 1 min ago | 3.17 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.79 bp | 15.1 bp −$15 | 39.2 bp −$392 | 249.9 bp −$25.0K | doesn't fit |
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 | 0.0000% | 1h | 0.06316 | +0.207% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06320 | +0.270% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.682% | $553 | $220K | 5.5x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0062% | 1h | 0.06324 | +0.330% | $35K | $61K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06316 | +0.206% | $195K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06301 | −0.038% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06310 | +0.113% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.111% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDTshort | +0.0100% | 4h | 0.06303 | −0.007% | $9.1M | $19.9M | 75x | |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06307 | +0.063% | $7.5M | $5.0M | 50x | as long as short |
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
Backpack PYTH_USDC_PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06303 | long leg | $2.1M | $3.5M | 50x | |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06303 | 0.000% | $1.0M | $508K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0100% | 4h | 0.06303 | 0.000% | $10.5M | $2.7M | 125x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06311 | +0.127% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06306 | +0.048% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06304 | +0.016% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06304 | +0.018% | $40K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06309 | +0.092% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06305 | +0.032% | $23K | — | 3x | as long as short |
| BloFin PYTH-USDT | +0.0160% | 4h | 0.06317 | +0.222% | $429K | $72K | 75x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06301 | −0.028% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0466% | 1h | 0.06320 | +0.264% | $383K | $304K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.967% | $40K | $19K | 25x | as long as short |
Gate PYTH_USDT
MEXC PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
BloFin PYTH-USDT
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX