Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.010%
Price spread now: MEXC against Variational Omni−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.060% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 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 | Variational Omni PYTH | 0.06293 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $44K | $22K | — |
| Short | MEXC PYTH_USDT | 0.06289 | −0.0002 | pay 0.0001% / 4h | 1h 34m | $9.2M | $2.3M | 125x |
Variational Omni PYTH
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- −$21.42
- Price spread: −0.060% → 0.000%
- −$6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.42
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 4 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 1.59 bp | 6.3 bp −$6 | 15.6 bp −$156 | 88.6 bp −$8,857 | 199.1 bp −$99.6K |
Variational Omni: 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 | −0.0428% | 1h | 0.06260 | −0.521% | $553 | $220K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0208% | 1h | 0.06295 | +0.039% | $382K | $252K | 25x | as long as short |
| Bybit PYTHUSDT | −0.0065% | 4h | 0.06295 | +0.035% | $7.4M | $5.1M | 50x | as long as short |
| BloFin PYTH-USDT | −0.0033% | 4h | 0.06283 | −0.155% | $420K | $115K | 75x | as long as short |
| Gate PYTH_USDT | −0.0030% | 4h | 0.06281 | −0.187% | $1.1M | $479K | 75x | as long as short |
| Binance PYTHUSDT | −0.0013% | 4h | 0.06289 | −0.060% | $9.1M | $17.0M | 75x | as long as short |
| MEXC PYTH_USDTshort | −0.0002% | 4h | 0.06289 | −0.060% | $9.2M | $2.3M | 125x | |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06298 | +0.084% | $187K | $19 | 5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06294 | +0.023% | $22K | — | 3x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.197% | $40K | $6K | 25x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Bybit PYTHUSDT
BloFin PYTH-USDT
Gate PYTH_USDT
Binance PYTHUSDT
dYdX PYTH-USD
Aevo PYTH-PERP
Coinbase International PYTH-PERP-INTXShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06299 | +0.099% | $197K | $208K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06289 | −0.065% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06296 | +0.054% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06281 | −0.187% | $25K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06294 | +0.019% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06295 | +0.035% | $1.5M | $315K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06287 | −0.092% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06291 | −0.028% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06295 | +0.037% | $38K | $88K | 10x | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06293 | long leg | $44K | $22K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06288 | −0.081% | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0227% | 1h | 0.06294 | +0.019% | $10K | $10K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06282 | −0.167% | — | — | 20x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Orderly PERP_PYTH_USDC_mythos
Deribit PYTH_USDC-PERPETUAL
Reya PYTHRUSDPERP