Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Orderly against Paradex+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.066% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PYTH-USD-PERP | 0.06279 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $3K | — | 10x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06283 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Paradex. 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: +0.066% → 0.000%
- $6.63
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.36
- Costs to cover
- 0.100%
- Break-even
- 9972.1 days
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Paradex and 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 | −0.0101% | 1h | 0.06292 | +0.211% | $35K | $67K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06292 | +0.203% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.0012% | 1h | 0.06288 | +0.136% | $187K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0016% | 4h | 0.06286 | +0.108% | $10.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0022% | 4h | 0.06285 | +0.096% | $8.9M | $19.5M | 75x | as long as short |
| Gate PYTH_USDT | +0.0024% | 4h | 0.06279 | −0.004% | $1.0M | $535K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.306% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0040% | 4h | 0.06275 | −0.067% | $424K | $76K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06286 | +0.105% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06294 | +0.235% | $193K | $218K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERPlong | +0.0100% | 8h | 0.06279 | long leg | $3K | — | 10x | |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06292 | +0.211% | $2.2M | $2.0M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06286 | +0.103% | $19K | $46K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06285 | +0.092% | $7.4M | $4.9M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06289 | +0.156% | $2.1M | $3.6M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06288 | +0.140% | $1.5M | $361K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06291 | +0.187% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06288 | +0.140% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06303 | +0.377% | $39K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | +0.0100% | 4h | 0.06283 | +0.066% | $2K | $2K | 10x | |
| Kraken Futures PF_PYTHUSD | +0.0132% | 1h | 0.06291 | +0.184% | $381K | $315K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06287 | +0.124% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0368% | 1h | 0.06427 | +2.353% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL
MEXC PYTH_USDT
Binance PYTHUSDT
Gate PYTH_USDT
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Lighter PYTH
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX