Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h —
Price spread now: Kraken Futures against Reya+0.091%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.091% dearer against Reya than usual: you sell high and buy low, +$9 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 | Reya PYTHRUSDPERP | 0.06320 | 0.0302 | pay 0.0038% / 1h | 54m 47s | — | — | 20x |
| Short | Kraken Futures PF_PYTHUSD | 0.06326 | 0.0303 | get 0.0038% / 1h | 54m 47s | $386K | $291K | 25x |
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $0.04
- Price spread: +0.091% → 0.000%
- $9.12
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.84
- Costs to cover
- 0.160%
- Break-even
- 1174.6 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 8 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 Kraken Futures live order book, 8 min ago | 11.02 bp | 22.8 bp −$23 | 133.4 bp −$1,334 | 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 22 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 | −0.0504% | 1h | 0.06330 | +0.163% | $39K | $91K | 10x | as long as short |
| Gate PYTH_USDT | −0.0162% | 4h | 0.06319 | −0.016% | $1.0M | $496K | 75x | as long as short |
| Binance PYTHUSDT | −0.0054% | 4h | 0.06311 | −0.140% | $9.0M | $17.7M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0054% | 4h | 0.06310 | −0.158% | $9.5M | $2.3M | 125x | as long as short |
| Aster PYTHUSDT | −0.0016% | 4h | 0.06333 | +0.200% | $20K | $46K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06329 | +0.138% | $188K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.949% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0064% | 1h | 0.06320 | 0.000% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06323 | +0.047% | $190K | $204K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06307 | −0.207% | $3K | — | 10x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTH
Paradex PYTH-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06324 | +0.066% | $2.0M | $1.7M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06317 | −0.048% | $7.5M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06312 | −0.127% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06325 | +0.079% | $1.5M | $341K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06317 | −0.048% | $2.7M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06322 | +0.032% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06362 | +0.672% | $38K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06322 | +0.038% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06369 | +0.775% | $39K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERPlong | +0.0302% | 1h | 0.06320 | long leg | — | — | 20x | |
| Kraken Futures PF_PYTHUSDshort | +0.0303% | 1h | 0.06326 | +0.091% | $386K | $291K | 25x | |
| Deribit PYTH_USDC-PERPETUAL | +0.0541% | 1h | 0.06326 | +0.095% | $10K | $10K | 10x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Deribit PYTH_USDC-PERPETUAL