Settings8H · net · $10k
Funding arb · Price arb /

PYTH

all PYTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.002%
Price spread now: Bitget against Aevo+0.123%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.123% dearer against Aevo than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PYTH-PERP0.062790.0072pay 0.0009% / 1h24m 26s$22K3x
ShortBitget PYTHUSDT0.062870.0100get 0.0050% / 4h1h 24m$2.6M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.88
Price spread: +0.123% → 0.000%
$12.26
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$9.86
Costs to cover
0.280%
Break-even
18.7 days
Slippage unknown: Aevo: no order-book sample; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Bitget live order book, 3 min ago2.39 bp16.7 bp −$1743.3 bp −$433doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PYTH/USDC PERP−0.0428%1h0.06260−0.307%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06288+0.140%$382K$252K25xas long as short
BloFin PYTH-USDT−0.0094%4h0.06276−0.053%$420K$114K75xas long as short
Bybit PYTHUSDT−0.0052%4h0.06283+0.059%$7.4M$5.1M50xas long as short
Binance PYTHUSDT−0.0047%4h0.06283+0.054%$9.0M$17.1M75xas long as short
Gate PYTH_USDT−0.0042%4h0.06281+0.027%$1.1M$479K75xas long as short
MEXC PYTH_USDT−0.0042%4h0.06284+0.075%$9.2M$2.3M125xas long as short
dYdX PYTH-USD0.0000%1h0.06289+0.156%$187K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06292+0.202%$10K$10K10xas long as short
Aevo PYTH-PERPlong+0.0072%1h0.06279long leg$22K3x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.416%$40K$6K25xas long as short
Lighter PYTH+0.0096%1h0.06296+0.266%$196K$210K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06286+0.106%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06287+0.123%$1.7M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06283+0.060%$25K$40K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06280+0.011%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06289+0.154%$1.5M$314K50xas long as short
Bitget PYTHUSDTshort+0.0100%4h0.06287+0.123%$2.6M$2.0M75x
BingX PYTH-USDT+0.0100%4h0.06282+0.043%$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06292+0.207%$38K$88K10xas long as short
Variational Omni PYTH+0.0100%4h0.06277−0.041%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06285+0.088%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06281+0.026%20xas long as short