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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.001%
Price spread now: Aevo against Aster+0.041%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.041% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.062970.0055pay 0.0027% / 4h1h 02m$25K$40K10x
ShortAevo PYTH-PERP0.063000.0056get 0.0007% / 1h2m 49s$22K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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
$0.31
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$19.62
Costs to cover
0.240%
Break-even
443.0 days
Slippage unknown: Aster: no order-book sample; Aevo: no order-book sample. 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 Aster no order-book sample
Sell Aevo no order-book sample
Aster and 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%1h0.06260−0.591%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06300+0.048%$383K$248K25xas long as short
BloFin PYTH-USDT−0.0139%4h0.06294−0.051%$420K$115K75xas long as short
Binance PYTHUSDT−0.0104%4h0.06297−0.004%$9.0M$17.0M75xas long as short
MEXC PYTH_USDT−0.0102%4h0.06296−0.020%$9.2M$2.3M125xas long as short
Gate PYTH_USDT−0.0026%4h0.06297−0.004%$1.1M$480K75xas long as short
Bybit PYTHUSDT−0.0021%4h0.06304+0.107%$7.4M$4.7M50xas long as short
dYdX PYTH-USD0.0000%1h0.06307+0.158%$187K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06310+0.203%$10K$10K10xas long as short
Aster PYTHUSDTlong+0.0055%4h0.06297long leg$25K$40K10x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERPshort+0.0056%1h0.06300+0.041%$22K3x
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.124%$40K$6K25xas long as short
Lighter PYTH+0.0096%1h0.06314+0.266%$201K$216K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06305+0.119%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06306+0.134%$1.7M$1.5M5xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06306+0.139%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06306+0.139%$1.5M$309K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06308+0.171%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06301+0.060%$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06305+0.131%$38K$88K10xas long as short
Variational Omni PYTH+0.0100%4h0.06290−0.120%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06299+0.023%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06300+0.050%20xas long as short