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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0391%/8h= +42.8% APRpaid last 24h +0.027%
Price spread now: Kraken Futures against Aster+0.019%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.06353−0.0013get 0.0007% / 4h2h 32m$20K$46K10x
ShortKraken Futures PF_PYTHUSD0.063540.0377get 0.0047% / 1h32m 57s$388K$292K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$82.04
Price spread: +0.019% → 0.000%
$1.93
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$65.96
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: Aster: no order-book sample; Kraken Futures: live order book, 35 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 Kraken Futures live order book, 35 min ago20.08 bp44.9 bp −$45205.3 bp −$2,053doesn't fitdoesn'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 22 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
MEXC PYTH_USDT−0.0098%4h0.06351−0.027%$9.6M$2.4M125xas long as short
Binance PYTHUSDT−0.0094%4h0.06358+0.078%$9.1M$17.9M75xas long as short
Coinbase International PYTH-PERP-INTX−0.0064%1h0.06418+1.028%$40K$18K25xas long as short
Aster PYTHUSDTlong−0.0013%4h0.06353long leg$20K$46K10x
dYdX PYTH-USD0.0000%1h0.06369+0.257%$189K$195xas long as short
Gate PYTH_USDT0.0000%4h0.06345−0.122%$1.0M$498K75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.460%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0056%1h0.06353+0.004%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06358+0.083%$190K$205K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06356+0.050%$3K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PYTH+0.0100%1h0.06353+0.007%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06358+0.083%$7.6M$4.9M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06361+0.130%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06359+0.099%$1.5M$338K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06353+0.004%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06355+0.036%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06367+0.217%$38K$27Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06352−0.010%$3K$2K10xas long as short
Backpack PYTH_USDC_PERP+0.0229%1h0.06354+0.020%$39K$93K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06358+0.084%20xas long as short
Kraken Futures PF_PYTHUSDshort+0.0377%1h0.06354+0.019%$388K$292K25x
Deribit PYTH_USDC-PERPETUAL+0.0695%1h0.06357+0.067%$10K$10K10xas long as short