Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Orderly−0.411%59s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.411% cheaper against Orderly than usual: you would sell low and buy high, −$41 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 59 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 | Orderly PERP_PYTH_USDC_mythos | 0.06321 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $3K | $2K | 10x |
| Short | BingX PYTH-USDT | 0.06295 | 0.0100 | get 0.0050% / 4h | 1h 39m | — | $2.7M | — |
Orderly PERP_PYTH_USDC_mythos
BingX PYTH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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: −0.411% → 0.000%
- −$41.13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.13
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 10 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 3.96 bp | 14.5 bp −$15 | 31.9 bp −$319 | 177.1 bp −$17.7K | 437.0 bp −$218.5K |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0408% | 1h | 0.06325 | +0.065% | $38K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0254% | 4h | 0.06304 | −0.269% | $1.0M | $498K | 75x | as long as short |
| Binance PYTHUSDT | −0.0022% | 4h | 0.06301 | −0.313% | $9.0M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0020% | 4h | 0.06302 | −0.301% | $9.4M | $2.3M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06317 | −0.067% | $188K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0005% | 4h | 0.06319 | −0.033% | $20K | $46K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0006% | 4h | 0.06315 | −0.095% | $426K | $89K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.965% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0072% | 1h | 0.06320 | −0.016% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06317 | −0.063% | $190K | $204K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Aster PYTHUSDT
BloFin PYTH-USDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06301 | −0.324% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06311 | −0.165% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06303 | −0.285% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06306 | −0.237% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06317 | −0.063% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06301 | −0.316% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDTshort | +0.0100% | 4h | 0.06295 | −0.411% | — | $2.7M | — | |
| Variational Omni PYTH | +0.0100% | 4h | 0.06318 | −0.051% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythoslong | +0.0100% | 4h | 0.06321 | long leg | $3K | $2K | 10x | |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06369 | +0.759% | $39K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06301 | −0.318% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0303% | 1h | 0.06324 | +0.049% | $386K | $291K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1016% | 1h | 0.06329 | +0.127% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
Variational Omni PYTH
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL