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+0.0012%/8h= +1.3% APRpaid last 24h +0.002%
Price spread now: KuCoin against Aevo+0.064%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 $0 a day on $10k at the current rate, and KuCoin is 0.064% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PYTH-PERP0.062650.0088pay 0.0011% / 1h52m 38s$22K3x
ShortKuCoin PYTHUSDTM0.062690.0100get 0.0050% / 4h1h 52m$1.5M$314K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.52
Price spread: +0.064% → 0.000%
$6.38
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.1
Costs to cover
0.280%
Break-even
60.0 days
Slippage unknown: Aevo: no order-book sample; KuCoin: 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 KuCoin live order book, 3 min ago7.16 bp88.0 bp −$88680.4 bp −$6,804doesn'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%1h0.06260−0.080%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0209%1h0.06266+0.022%$381K$253K25xas long as short
Gate PYTH_USDT−0.0044%4h0.06266+0.016%$1.1M$477K75xas long as short
dYdX PYTH-USD0.0000%1h0.06276+0.182%$186K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06272+0.112%$10K$10K10xas long as short
MEXC PYTH_USDT+0.0034%4h0.06257−0.128%$9.1M$2.3M125xas long as short
Binance PYTHUSDT+0.0036%4h0.06263−0.032%$9.0M$16.9M75xas long as short
Bybit PYTHUSDT+0.0056%4h0.062650.000%$7.4M$5.1M50xas long as short
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.650%$40K$6K25xas long as short
BloFin PYTH-USDT+0.0082%4h0.06287+0.351%$419K$115K75xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERPlong+0.0088%1h0.06265long leg$22K3x
Lighter PYTH+0.0096%1h0.06273+0.128%$196K$208K5xas long as short
Backpack PYTH_USDC_PERP+0.0099%1h0.06270+0.075%$38K$88K10xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06262−0.043%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06267+0.037%$1.6M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06271+0.090%$19K$40K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.062650.000%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTMshort+0.0100%4h0.06269+0.064%$1.5M$314K50x
Bitget PYTHUSDT+0.0100%4h0.06267+0.032%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06268+0.048%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06271+0.103%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06273+0.132%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06268+0.041%20xas long as short