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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.020%
Price spread now: Aevo against Binance+0.013%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 feesneeds 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PYTHUSDT0.063490.0019pay 0.0010% / 4h55m 06s$9.1M$17.9M75x
ShortAevo PYTH-PERP0.063500.0088get 0.0011% / 1h55m 06s$23K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$14.39
Price spread: +0.013% → 0.000%
$1.26
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.35
Costs to cover
0.260%
Break-even
12.0 days
Slippage unknown: Binance: live order book, 16 min ago; 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 Binance live order book, 16 min ago0.78 bp14.0 bp −$1436.5 bp −$365doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
Backpack PYTH_USDC_PERP−0.0272%1h0.06358+0.140%$38K$50K10xas long as short
Gate PYTH_USDT−0.0186%4h0.06341−0.126%$1.0M$503K75xas long as short
dYdX PYTH-USD0.0000%1h0.06350+0.014%$189K$195xas long as short
MEXC PYTH_USDT+0.0012%4h0.06346−0.047%$10.1M$2.5M125xas long as short
Aster PYTHUSDT+0.0016%4h0.06345−0.067%$20K$43K10xas long as short
Binance PYTHUSDTlong+0.0019%4h0.06349long leg$9.1M$17.9M75x
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.402%$553$220K5.5xas long as short
BloFin PYTH-USDT+0.0077%4h0.06339−0.158%$429K$84K75xas long as short
Aevo PYTH-PERPshort+0.0088%1h0.06350+0.013%$23K3x
Lighter PYTH+0.0096%1h0.06356+0.110%$191K$206K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06348−0.018%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06360+0.175%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06351+0.032%$7.5M$4.7M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06351+0.032%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.063490.000%$1.5M$343K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06350+0.016%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06350+0.016%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06349−0.001%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06350+0.013%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0104%1h0.06385+0.567%$40K$18K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06339−0.150%20xas long as short
Kraken Futures PF_PYTHUSD+0.0412%1h0.06354+0.073%$387K$294K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.1010%1h0.06359+0.158%$10K$10K10xas long as short