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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Orderly+0.035%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.035% dearer against Orderly than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PYTH_USDC_mythos0.062850.0100pay 0.0050% / 4h1h 24m$3K$1K10x
ShortBitget PYTHUSDT0.062870.0100get 0.0050% / 4h1h 24m$2.6M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$0
Price spread: +0.035% → 0.000%
$3.5
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$14.5
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 3 min ago. 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 Orderly no order-book sample
Sell Bitget live order book, 3 min ago2.39 bp16.7 bp −$1743.3 bp −$433doesn't fitdoesn't fit
Orderly: 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−0.0428%1h0.06260−0.395%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06288+0.052%$382K$252K25xas long as short
BloFin PYTH-USDT−0.0094%4h0.06276−0.140%$420K$114K75xas long as short
Bybit PYTHUSDT−0.0052%4h0.06283−0.029%$7.4M$5.1M50xas long as short
Binance PYTHUSDT−0.0047%4h0.06283−0.034%$9.0M$17.1M75xas long as short
Gate PYTH_USDT−0.0042%4h0.06281−0.060%$1.1M$479K75xas long as short
MEXC PYTH_USDT−0.0042%4h0.06284−0.013%$9.2M$2.3M125xas long as short
dYdX PYTH-USD0.0000%1h0.06289+0.068%$187K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06292+0.115%$10K$10K10xas long as short
Aevo PYTH-PERP+0.0072%1h0.06279−0.088%$22K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.326%$40K$6K25xas long as short
Lighter PYTH+0.0096%1h0.06296+0.178%$196K$210K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06286+0.018%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06287+0.035%$1.7M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06283−0.028%$25K$40K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06280−0.076%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06289+0.067%$1.5M$314K50xas long as short
Bitget PYTHUSDTshort+0.0100%4h0.06287+0.035%$2.6M$2.0M75x
BingX PYTH-USDT+0.0100%4h0.06282−0.045%$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06292+0.119%$38K$88K10xas long as short
Variational Omni PYTH+0.0100%4h0.06277−0.129%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythoslong+0.0100%4h0.06285long leg$3K$1K10x
Reya PYTHRUSDPERP+0.0302%1h0.06281−0.061%20xas long as short