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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.021%
Price spread now: Kraken Futures against Aevo+0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PYTH-PERP0.063750.0080pay 0.0010% / 1h15m 14s$23K3x
ShortKraken Futures PF_PYTHUSD0.063760.0300get 0.0038% / 1h15m 14s$389K$291K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$46.26
Price spread: +0.013% → 0.000%
$1.33
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$21.59
Costs to cover
0.260%
Break-even
3.7 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 48 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 Kraken Futures live order book, 48 min ago11.02 bp22.8 bp −$23133.4 bp −$1,334doesn'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
Backpack PYTH_USDC_PERP−0.0338%1h0.06376+0.014%$39K$50K10xas long as short
Gate PYTH_USDT−0.0204%4h0.06365−0.157%$1.0M$503K75xas long as short
dYdX PYTH-USD0.0000%1h0.06372−0.051%$189K$195xas long as short
MEXC PYTH_USDT+0.0006%4h0.06369−0.094%$9.5M$2.5M125xas long as short
Binance PYTHUSDT+0.0010%4h0.06368−0.104%$9.1M$17.8M75xas long as short
Aster PYTHUSDT+0.0025%4h0.06374−0.012%$20K$46K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.804%$553$220K5.5xas long as short
BloFin PYTH-USDT+0.0042%4h0.06373−0.031%$353K$87K75xas long as short
Aevo PYTH-PERPlong+0.0080%1h0.06375long leg$23K3x
Lighter PYTH+0.0096%1h0.06380+0.078%$192K$204K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06366−0.136%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06378+0.045%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06371−0.063%$7.6M$4.7M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06369−0.094%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06377+0.031%$1.5M$342K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06369−0.094%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06371−0.063%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06392+0.263%$39K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06371−0.055%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0176%1h0.06395+0.314%$40K$18K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0220%1h0.06384+0.141%$10K$10K10xas long as short
Kraken Futures PF_PYTHUSDshort+0.0300%1h0.06376+0.013%$389K$291K25x
Reya PYTHRUSDPERP+0.0302%1h0.06368−0.104%20xas long as short