PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0077%/8h= +8.5% APRpaid last 24h +0.030%

Price spread now: Bitget against dYdX−0.108%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1031.031% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.203%+$20 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.108%, 7d avg −0.108%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PYTH-USD	0.06324	0.0023	pay 0.0003% / 1h	9m 02s	$188K	$19	5x
Short	Bitget PYTHUSDT	0.06317	0.0100	get 0.0050% / 4h	1h 09m	$2.7M	$2.2M	75x

Funding history

latest

Range statsloading…

Bitget against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee dYdXbpFee BitgetbpOrdersPrice spread, now −0.108%Rate

Slippage from dYdX: live order book, 35 min ago; Bitget: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 35 min ago	26.04 bp	31.1 bp −$31	121.5 bp −$1,215	148.9 bp −$14.9K	511.8 bp −$255.9K
Sell Bitget live order book, 3 min ago	0.79 bp	19.5 bp −$19	47.5 bp −$475	doesn't fit	doesn't fit

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	−0.0017%	1h	0.06326	+0.027%	$35K	$67K	10x	as long as short
Deribit PYTH_USDC-PERPETUAL	0.0000%	1h	0.06321	−0.044%	$10K	$10K	10x	as long as short
dYdX PYTH-USDlong	+0.0023%	1h	0.06324	long leg	$188K	$19	5x
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.009%	$553	$220K	5.5x	as long as short
MEXC PYTH_USDT	+0.0044%	4h	0.06318	−0.092%	$10.4M	$2.7M	125x	as long as short
Binance PYTHUSDT	+0.0045%	4h	0.06315	−0.132%	$8.9M	$19.5M	75x	as long as short
BloFin PYTH-USDT	+0.0054%	4h	0.06320	−0.060%	$423K	$72K	75x	as long as short
Aevo PYTH-PERP	+0.0088%	1h	0.06320	−0.057%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06328	+0.066%	$194K	$218K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06312	−0.194%	$3K	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PYTH	+0.0100%	1h	0.06325	+0.025%	$2.2M	$2.0M	5x	as long as short
Aster PYTHUSDT	+0.0100%	4h	0.06315	−0.137%	$21K	$46K	10x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06322	−0.028%	$7.5M	$4.9M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06318	−0.092%	$2.1M	$3.6M	50x	as long as short
Gate PYTH_USDT	+0.0100%	4h	0.06316	−0.123%	$1.0M	$537K	75x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06323	−0.013%	$1.5M	$370K	50x	as long as short
Bitget PYTHUSDTshort	+0.0100%	4h	0.06317	−0.108%	$2.7M	$2.2M	75x
BingX PYTH-USDT	+0.0100%	4h	0.06319	−0.076%	—	$2.8M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06317	−0.110%	$40K	$27K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06319	−0.082%	$2K	$2K	10x	as long as short
Kraken Futures PF_PYTHUSD	+0.0131%	1h	0.06325	+0.023%	$383K	$318K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06318	−0.085%	—	—	20x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0368%	1h	0.06427	+1.632%	$40K	$19K	25x	as long as short