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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h
Price spread now: Reya against Aster+0.066%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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.066% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.063380.0100pay 0.0050% / 4h2h 17m$20K$24K10x
ShortReya PYTHRUSDPERP0.063420.0302get 0.0038% / 1h17m 04s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$42.51
Price spread: +0.066% → 0.000%
$6.57
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$35.09
Costs to cover
0.140%
Break-even
1.2 days
Slippage unknown: Aster: no order-book sample; Reya: 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 Reya no order-book sample
Aster and Reya: 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−0.0586%1h0.06350+0.197%$561$180K5.5xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0537%1h0.06347+0.149%$10K$10K10xas long as short
Kraken Futures PF_PYTHUSD−0.0216%1h0.06346+0.139%$384K$240K25xas long as short
Gate PYTH_USDT−0.0028%4h0.06345+0.118%$1.1M$466K75xas long as short
dYdX PYTH-USD0.0000%1h0.06351+0.206%$189K$195xas long as short
BloFin PYTH-USDT+0.0013%4h0.06338+0.007%$423K$117K75xas long as short
MEXC PYTH_USDT+0.0020%4h0.06339+0.023%$9.4M$2.4M125xas long as short
Binance PYTHUSDT+0.0023%4h0.06338+0.012%$9.1M$15.9M75xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.475%$40K$6K25xas long as short
Aevo PYTH-PERP+0.0088%1h0.06340+0.039%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PYTH+0.0096%1h0.06349+0.181%$196K$206K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06340+0.032%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06345+0.121%$1.7M$1.5M5xas long as short
Aster PYTHUSDTlong+0.0100%4h0.06338long leg$20K$24K10x
Bybit PYTHUSDT+0.0100%4h0.06341+0.055%$7.4M$4.9M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06339+0.023%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06344+0.102%$1.5M$304K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06342+0.071%$2.6M$1.9M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06342+0.071%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06348+0.168%$44K$23Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06341+0.056%$3K$1K10xas long as short
Backpack PYTH_USDC_PERP+0.0215%1h0.06348+0.157%$38K$87K10xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06342+0.066%20x