PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +6.0% APRpaid last 24h +0.017%

Price spread now: BloFin against dYdX−0.151%7-day average −0.150% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1361.357% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)−0.321%−$32 · spread now −0.151%, 7d avg −0.150%

Together, before fees−0.209%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.150%, 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	0.06467	0	get 0.0000% / 1h	28m 36s	$192K	$19	5x
Short	BloFin PYTH-USDT	0.06457	0.0054	get 0.0027% / 4h	28m 36s	$423K	$81K	75x

Funding history

latest

Range statsloading…

BloFin 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 BloFinbpOrdersPrice spread, now −0.151%Rate

Slippage from dYdX: live order book, 30 min ago; BloFin: live order book, 7 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, 30 min ago	31.53 bp	36.5 bp −$37	129.0 bp −$1,290	279.5 bp −$28.0K	1200.7 bp −$600.4K
Sell BloFin live order book, 7 min ago	0.79 bp	21.4 bp −$21	43.9 bp −$439	133.3 bp −$13.3K	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	−0.0252%	1h	0.06469	+0.031%	$38K	$59K	10x	as long as short
Gate PYTH_USDT	−0.0120%	4h	0.06458	−0.136%	$1.1M	$513K	75x	as long as short
dYdX PYTH-USDlong	0.0000%	1h	0.06467	long leg	$192K	$19	5x
Deribit PYTH_USDC-PERPETUAL	0.0000%	1h	0.06470	+0.050%	$10K	$10K	10x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−3.197%	$553	$220K	5.5x	as long as short
BloFin PYTH-USDTshort	+0.0054%	4h	0.06457	−0.151%	$423K	$81K	75x
MEXC PYTH_USDT	+0.0062%	4h	0.06462	−0.074%	$10.5M	$2.7M	125x	as long as short
Binance PYTHUSDT	+0.0068%	4h	0.06460	−0.105%	$9.3M	$18.2M	75x	as long as short
Aster PYTHUSDT	+0.0074%	4h	0.06467	−0.003%	$21K	$44K	10x	as long as short
Lighter PYTH	+0.0096%	1h	0.06471	+0.065%	$195K	$208K	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	0.06465	−0.027%	$23K	—	3x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06460	−0.100%	$3K	—	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06470	+0.056%	$2.3M	$1.8M	5x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06466	−0.012%	$7.7M	$4.8M	50x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06459	−0.120%	$2.1M	$3.5M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06467	+0.004%	$1.6M	$350K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06465	−0.027%	$2.8M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06464	−0.043%	—	$2.7M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06387	−1.228%	$39K	$25K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06470	+0.050%	$2K	$2K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0104%	1h	0.06469	+0.034%	$40K	$19K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06462	−0.067%	—	—	20x	as long as short
Kraken Futures PF_PYTHUSD	+0.0404%	1h	0.06476	+0.142%	$395K	$288K	25x	as long as short