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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Aster+0.046%52s7-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 6 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.046% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.062650.0100pay 0.0050% / 4h24m 18s$21K$46K10x
ShortBloFin PYTH-USDT0.062680.0122get 0.0061% / 4h24m 18s$425K$72K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.62
Price spread: +0.046% → 0.000%
$4.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.81
Costs to cover
0.200%
Break-even
23.4 days
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 56 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 Aster no order-book sample
Sell BloFin live order book, 56 min ago6.32 bp16.8 bp −$1731.2 bp −$31278.6 bp −$7,860doesn't fit
Aster: 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
dYdX PYTH-USD+0.0019%1h0.06262−0.053%$186K$195xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−0.082%$553$220K5.5xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0069%1h0.06263−0.034%$10K$10K10xas long as short
Backpack PYTH_USDC_PERP+0.0076%1h0.06274+0.146%$35K$67K10xas long as short
Binance PYTHUSDT+0.0084%4h0.06258−0.114%$9.0M$19.8M75xas long as short
MEXC PYTH_USDT+0.0084%4h0.06259−0.098%$10.6M$2.8M125xas long as short
Lighter PYTH+0.0096%1h0.06267+0.030%$193K$221K5xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06253−0.198%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06267+0.036%$2.2M$1.9M5xas long as short
Aster PYTHUSDTlong+0.0100%4h0.06265long leg$21K$46K10x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PYTHUSDT+0.0100%4h0.06261−0.066%$7.4M$4.9M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06260−0.082%$2.1M$3.5M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06252−0.210%$1.0M$539K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06260−0.082%$1.5M$371K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06261−0.066%$2.6M$2.3M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06261−0.066%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06260−0.077%$39K$27Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06259−0.100%$2K$2K10xas long as short
Aevo PYTH-PERP+0.0104%1h0.06260−0.082%$22K3xas long as short
BloFin PYTH-USDTshort+0.0122%4h0.06268+0.046%$425K$72K75x
Reya PYTHRUSDPERP+0.0302%1h0.06259−0.097%20xas long as short
Kraken Futures PF_PYTHUSD+0.0456%1h0.06263−0.040%$380K$307K25xas long as short
Coinbase International PYTH-PERP-INTX+0.0472%1h0.06427+2.584%$40K$19K25xas long as short