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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.023%
Price spread now: Aster against dYdX+0.298%79s7-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 +$3 a day on $10k at the current rate, and Aster is 0.298% dearer against dYdX than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PYTH-USD0.062960.0010pay 0.0001% / 1h23m 18s$187K$135x
ShortAster PYTHUSDT0.063150.0100get 0.0050% / 4h3h 23m$20K$48K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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
$18.85
Price spread: +0.298% → 0.000%
$29.84
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$30.69
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: dYdX: live order book, 11 min ago; Aster: 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 dYdX live order book, 11 min ago30.91 bp35.9 bp −$3683.2 bp −$832127.5 bp −$12.8K416.0 bp −$208.0K
Sell Aster no order-book sample
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
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06302+0.098%$10K$10K10xas long as short
dYdX PYTH-USDlong+0.0010%1h0.06296long leg$187K$135x
Backpack PYTH_USDC_PERP+0.0015%1h0.06308+0.197%$35K$60K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−0.569%$553$220K5.5xas long as short
MEXC PYTH_USDT+0.0082%4h0.06318+0.353%$11.3M$3.0M125xas long as short
Binance PYTHUSDT+0.0083%4h0.06318+0.353%$9.1M$19.7M75xas long as short
BloFin PYTH-USDT+0.0088%4h0.06278−0.283%$431K$71K75xas long as short
Lighter PYTH+0.0096%1h0.06317+0.337%$195K$216K5xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06314+0.295%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06323+0.429%$2.1M$2.0M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PYTHUSDTshort+0.0100%4h0.06315+0.298%$20K$48K10x
Bybit PYTHUSDT+0.0100%4h0.06325+0.464%$7.6M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06323+0.432%$2.1M$3.6M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06313+0.273%$1.0M$510K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06317+0.337%$1.5M$370K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06318+0.353%$2.7M$2.3M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06322+0.416%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06254−0.660%$39K$26Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06318+0.351%$2K$2K10xas long as short
Aevo PYTH-PERP+0.0104%1h0.06322+0.418%$23K3xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06318+0.360%20xas long as short
Kraken Futures PF_PYTHUSD+0.0467%1h0.06306+0.162%$382K$295K25xas long as short
Coinbase International PYTH-PERP-INTX+0.0536%1h0.06427+2.084%$40K$19K25xas long as short