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

PYTH

all PYTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.010%
Price spread now: Variational Omni against MEXC+0.255%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.255% dearer against MEXC than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PYTH_USDT0.063320.0022pay 0.0011% / 4h2h 16m$9.3M$2.4M125x
ShortVariational Omni PYTH0.063480.0100get 0.0050% / 4h2h 16m$44K$23K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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
$16.38
Price spread: +0.255% → 0.000%
$25.51
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$41.89
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.79 bp5.7 bp −$612.7 bp −$12790.6 bp −$9,061209.6 bp −$104.8K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PYTH_USDC-PERPETUAL−0.0696%1h0.06336+0.063%$10K$10K10xas long as short
Injective PYTH/USDC PERP−0.0586%1h0.06350+0.284%$561$180K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0216%1h0.06339+0.116%$384K$240K25xas long as short
Gate PYTH_USDT−0.0020%4h0.063320.000%$1.1M$466K75xas long as short
dYdX PYTH-USD0.0000%1h0.06351+0.294%$189K$195xas long as short
BloFin PYTH-USDT+0.0013%4h0.06338+0.095%$423K$117K75xas long as short
MEXC PYTH_USDTlong+0.0022%4h0.06332long leg$9.3M$2.4M125x
Binance PYTHUSDT+0.0023%4h0.06331−0.016%$9.1M$16.0M75xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.563%$40K$6K25xas long as short
Aevo PYTH-PERP+0.0088%1h0.06330−0.025%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PYTH+0.0096%1h0.06342+0.158%$196K$206K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06337+0.077%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06338+0.095%$1.7M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06337+0.079%$20K$24K10xas long as short
Bybit PYTHUSDT+0.0100%4h0.06336+0.063%$7.4M$4.9M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.063320.000%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06340+0.126%$1.5M$304K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06340+0.126%$2.6M$1.9M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06334+0.032%$2.8Mas long as short
Variational Omni PYTHshort+0.0100%4h0.06348+0.255%$44K$23K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06335+0.044%$3K$1K10xas long as short
Backpack PYTH_USDC_PERP+0.0213%1h0.06338+0.103%$38K$87K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06333+0.015%20xas long as short