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Pyth Network (PYTH) Funding Rate History

Pyth Network (PYTH) perpetual futures funding ranges from -9.90 bps on PARADEX to 4.30 bps on CRYPTOCOM across 18 reporting venues, a spread of 14.20 bps. The most extreme rate (-108.41% APY annualized) is on PARADEX. Currently funding signs are mixed: 14 positive, 4 negative.

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on PYTH price.

PYTH Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
PARADEX-9.90 bps-108.41% APY-7.00 bps$0.21
CRYPTOCOM4.30 bps47.08% APY4.90 bps$402.05
REYA3.00 bps32.85% APY3.40 bps$0
KUCOIN-2.90 bps-31.75% APY1.80 bps$1.04M
DRIFT-2.70 bps-29.57% APYn/a$0
BYBIT-1.40 bps-15.33% APY0.40 bps$2.51M
BINGX1.00 bps10.95% APY0.90 bps$2.26M
OKX1.00 bps10.95% APY0.80 bps$1.51M
PHEMEX1.00 bps10.95% APY1.00 bps$428.03K
HUOBI1.00 bps10.95% APY1.00 bps$232.44K
GATEIO1.00 bps10.95% APY0.60 bps$104.43K
LIGHTER1.00 bps10.95% APY1.00 bps$103.14K
VARIATIONAL1.00 bps10.95% APY1.00 bps$13.32K
ASTER1.00 bps10.95% APY1.00 bps$1.30K
HYPERLIQUID0.90 bps9.86% APY0.60 bps$276.53K
BITGET0.60 bps6.57% APY0.40 bps$751.34K
BINANCE0.40 bps4.38% APY0.80 bps$5.81M
MEXC0.30 bps3.28% APY0.80 bps$734.33K

Last updated 2026-05-31T19:48:22.889609Z (UTC).

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