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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against Orderly−0.961%48s7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.961% cheaper against Orderly than usual: you would sell low and buy high, −$96 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PYTH_USDC_mythos0.063790.0100pay 0.0050% / 4h31m 34s$3K$2K10x
ShortVariational Omni PYTH0.063180.0100get 0.0050% / 4h31m 34s$38K$25K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.961% → 0.000%
−$96.1
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$102.1
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Variational Omni no order-book sample
Orderly and 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
Backpack PYTH_USDC_PERP−0.0354%1h0.06395+0.243%$38K$59K10xas long as short
Gate PYTH_USDT−0.0138%4h0.06386+0.107%$1.1M$507K75xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0063%1h0.06389+0.154%$10K$10K10xas long as short
dYdX PYTH-USD0.0000%1h0.06396+0.261%$190K$195xas long as short
BloFin PYTH-USDT+0.0025%4h0.06372−0.113%$426K$80K75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.869%$553$220K5.5xas long as short
MEXC PYTH_USDT+0.0052%4h0.06396+0.263%$10.5M$2.6M125xas long as short
Aster PYTHUSDT+0.0054%4h0.06384+0.078%$21K$44K10xas long as short
Binance PYTHUSDT+0.0058%4h0.06394+0.236%$9.1M$18.0M75xas long as short
Lighter PYTH+0.0096%1h0.06398+0.295%$193K$207K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0096%1h0.06380+0.013%$23K3xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06395+0.250%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06397+0.279%$2.1M$1.6M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06393+0.216%$7.6M$4.7M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06387+0.122%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06389+0.154%$1.5M$346K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06397+0.279%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06393+0.216%$2.7Mas long as short
Variational Omni PYTHshort+0.0100%4h0.06318−0.961%$38K$25K
Orderly PERP_PYTH_USDC_mythoslong+0.0100%4h0.06379long leg$3K$2K10x
Coinbase International PYTH-PERP-INTX+0.0104%1h0.06324−0.865%$39K$18K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06377−0.039%20xas long as short
Kraken Futures PF_PYTHUSD+0.0410%1h0.06393+0.211%$390K$288K25xas long as short