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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0302%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h
Price spread now: Reya against dYdX+0.011%46s7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds 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: +$9 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PYTH-USD0.063450get 0.0000% / 1h34m 41s$188K$195x
ShortReya PYTHRUSDPERP0.063460.0302get 0.0038% / 1h34m 41s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$63.51
Price spread: +0.011% → 0.000%
$1.13
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$48.65
Costs to cover
0.160%
Break-even
1.6 days
Slippage unknown: dYdX: live order book, 54 min ago; Reya: 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, 54 min ago79.27 bp93.8 bp −$94102.0 bp −$1,020126.6 bp −$12.7K604.6 bp −$302.3K
Sell Reya no order-book sample
Reya: 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
Injective PYTH/USDC PERP−0.0586%1h0.06350+0.082%$561$180K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0216%1h0.06352+0.111%$384K$240K25xas long as short
Gate PYTH_USDT−0.0094%4h0.06337−0.123%$1.1M$465K75xas long as short
Bybit PYTHUSDT−0.0067%4h0.06347+0.035%$7.5M$4.9M50xas long as short
Binance PYTHUSDT−0.0018%4h0.06345+0.008%$9.1M$15.9M75xas long as short
MEXC PYTH_USDT−0.0018%4h0.06345+0.003%$9.4M$2.4M125xas long as short
BloFin PYTH-USDT−0.0010%4h0.06337−0.123%$424K$121K75xas long as short
dYdX PYTH-USDlong0.0000%1h0.06345long leg$188K$195x
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06351+0.098%$10K$10K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.358%$40K$6K25xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0080%1h0.06344−0.016%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06357+0.192%$196K$206K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06347+0.030%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06353+0.137%$1.7M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06341−0.067%$20K$24K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06348+0.050%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06350+0.082%$1.5M$306K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06348+0.050%$2.6M$1.9M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06345+0.003%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06342−0.040%$44K$23Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06347+0.033%$3K$1K10xas long as short
Backpack PYTH_USDC_PERP+0.0285%1h0.06354+0.150%$38K$87K10xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06346+0.011%20x