PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.025%

Price spread now: Variational Omni against Binance−1.082%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 1.082% cheaper against Binance than usual: you would sell low and buy high (spread −1.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$108 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PYTHUSDT	0.06387	0.0054	pay 0.0027% / 4h	32m 12s	$9.1M	$18.0M	75x
Short	Variational Omni PYTH	0.06318	0.0100	get 0.0050% / 4h	32m 12s	$38K	$25K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −1.082%Rate

Funding earned: $9.76
Price spread: −1.082% → 0.000%: −$108.2
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$108.44
Costs to cover: 0.100%
Break-even: 84.8 days

Slippage unknown: Binance: live order book, 9 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	1.58 bp	13.1 bp −$13	34.5 bp −$345	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack PYTH_USDC_PERP	−0.0354%	1h	0.06395	+0.121%	$38K	$59K	10x	as long as short
Gate PYTH_USDT	−0.0144%	4h	0.06378	−0.141%	$1.1M	$507K	75x	as long as short
Deribit PYTH_USDC-PERPETUAL	−0.0063%	1h	0.06389	+0.031%	$10K	$10K	10x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06389	+0.028%	$190K	$19	5x	as long as short
BloFin PYTH-USDT	+0.0025%	4h	0.06372	−0.235%	$426K	$80K	75x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.988%	$553	$220K	5.5x	as long as short
Binance PYTHUSDTlong	+0.0054%	4h	0.06387	long leg	$9.1M	$18.0M	75x
MEXC PYTH_USDT	+0.0054%	4h	0.06387	0.000%	$10.5M	$2.6M	125x	as long as short
Aster PYTHUSDT	+0.0054%	4h	0.06381	−0.098%	$21K	$44K	10x	as long as short
Lighter PYTH	+0.0096%	1h	0.06390	+0.047%	$193K	$207K	5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PYTH-PERP	+0.0096%	1h	0.06380	−0.110%	$23K	—	3x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06383	−0.062%	$3K	—	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06395	+0.119%	$2.1M	$1.6M	5x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06388	+0.016%	$7.6M	$4.7M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06392	+0.078%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06385	−0.031%	$1.5M	$346K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06389	+0.031%	$2.7M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06389	+0.031%	—	$2.7M	—	as long as short
Variational Omni PYTHshort	+0.0100%	4h	0.06318	−1.082%	$38K	$25K	—
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06379	−0.122%	$3K	$2K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0104%	1h	0.06324	−0.986%	$39K	$18K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06377	−0.162%	—	—	20x	as long as short
Kraken Futures PF_PYTHUSD	+0.0410%	1h	0.06393	+0.088%	$390K	$288K	25x	as long as short