Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Aevo+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.079% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PYTH-PERP | 0.06365 | 0.0040 | pay 0.0005% / 1h | 42m 54s | $23K | — | 3x |
| Short | Lighter PYTH | 0.06370 | 0.0096 | get 0.0012% / 1h | 42m 54s | $201K | $198K | 5x |
Aevo PYTH-PERP
Lighter PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- $11.76
- Price spread: +0.079% → 0.000%
- $7.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.62
- Costs to cover
- 0.160%
- Break-even
- 4.8 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 12 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 12 min ago | 3.14 bp | 6.8 bp −$7 | 67.6 bp −$676 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PYTHUSDT | −0.0179% | 4h | 0.06359 | −0.101% | $9.2M | $17.6M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0178% | 4h | 0.06358 | −0.110% | $9.7M | $2.4M | 125x | as long as short |
| BloFin PYTH-USDT | −0.0156% | 4h | 0.06354 | −0.173% | $426K | $113K | 75x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0136% | 1h | 0.06368 | +0.055% | $390K | $289K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06368 | +0.047% | $40K | $18K | 25x | as long as short |
| Aster PYTHUSDT | −0.0012% | 4h | 0.06357 | −0.128% | $22K | $44K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06353 | −0.188% | $189K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.650% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERPlong | +0.0040% | 1h | 0.06365 | long leg | $23K | — | 3x | |
| Bybit PYTHUSDT | +0.0069% | 4h | 0.06361 | −0.063% | $7.6M | $4.8M | 50x | as long as short |
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX
Aster PYTHUSDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Bybit PYTHUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTHshort | +0.0096% | 1h | 0.06370 | +0.079% | $201K | $198K | 5x | |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06348 | −0.259% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06367 | +0.028% | $1.9M | $1.6M | 5x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06360 | −0.079% | $2.1M | $3.4M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06352 | −0.204% | $1.1M | $468K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06362 | −0.047% | $1.5M | $325K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06361 | −0.063% | $2.6M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06359 | −0.094% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06358 | −0.110% | $38K | $27K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06356 | −0.145% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06357 | −0.121% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0868% | 1h | 0.06369 | +0.055% | $35K | $92K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.1947% | 1h | 0.06384 | +0.299% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL