Funding you earn now, next payment 22:00 UTC−0.0340%/8h= −37.3% APRpaid last 24h —
Price spread now: Gate against Reya−0.073%7-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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.073% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PYTHRUSDPERP | 0.06341 | 0.0302 | pay 0.0038% / 1h | 24m 21s | — | — | 20x |
| Short | Gate PYTH_USDT | 0.06336 | −0.0038 | pay 0.0019% / 4h | 2h 24m | $1.1M | $465K | 75x |
Reya PYTHRUSDPERP
Gate PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Reya. 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
- −$71.49
- Price spread: −0.073% → 0.000%
- −$7.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.76
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 5.53 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0586% | 1h | 0.06350 | +0.148% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0216% | 1h | 0.06349 | +0.133% | $384K | $240K | 25x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0065% | 1h | 0.06350 | +0.148% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | −0.0047% | 4h | 0.06347 | +0.101% | $424K | $118K | 75x | as long as short |
| Gate PYTH_USDTshort | −0.0038% | 4h | 0.06336 | −0.073% | $1.1M | $465K | 75x | |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06348 | +0.113% | $188K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | 0.0000% | 4h | 0.06339 | −0.025% | $9.4M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | +0.0005% | 4h | 0.06341 | +0.006% | $9.1M | $15.9M | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.426% | $40K | $6K | 25x | as long as short |
| Bybit PYTHUSDT | +0.0049% | 4h | 0.06343 | +0.038% | $7.4M | $4.9M | 50x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
Coinbase International PYTH-PERP-INTX
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06342 | +0.022% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06349 | +0.132% | $196K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06341 | +0.011% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06347 | +0.106% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06340 | −0.015% | $20K | $24K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06340 | −0.010% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06347 | +0.101% | $1.5M | $304K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06343 | +0.038% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06340 | −0.010% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06343 | +0.042% | $44K | $23K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06345 | +0.065% | $3K | $1K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0216% | 1h | 0.06345 | +0.061% | $38K | $87K | 10x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06341 | long leg | — | — | 20x |
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Backpack PYTH_USDC_PERP