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 UTC−0.0202%/8h= −22.2% APRpaid last 24h
Price spread now: Bitget against Reya0.000%7-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 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PYTHRUSDPERP0.063470.0302pay 0.0038% / 1h54m 24s20x
ShortBitget PYTHUSDT0.063470.0100get 0.0050% / 4h54m 24s$2.7M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Reya. 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
−$42.51
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.51
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample
Sell Bitget live order book, 3 min ago3.95 bp22.2 bp −$22105.0 bp −$1,050doesn't fitdoesn't fit
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
Backpack PYTH_USDC_PERP−0.0272%1h0.06358+0.172%$38K$50K10xas long as short
Gate PYTH_USDT−0.0180%4h0.06341−0.095%$1.0M$503K75xas long as short
dYdX PYTH-USD0.0000%1h0.06350+0.046%$189K$195xas long as short
MEXC PYTH_USDT+0.0018%4h0.06343−0.063%$10.1M$2.5M125xas long as short
Aster PYTHUSDT+0.0021%4h0.06342−0.074%$20K$43K10xas long as short
Binance PYTHUSDT+0.0025%4h0.06344−0.052%$9.1M$17.9M75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.371%$553$220K5.5xas long as short
BloFin PYTH-USDT+0.0077%4h0.06339−0.126%$429K$84K75xas long as short
Aevo PYTH-PERP+0.0088%1h0.06345−0.032%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06356+0.142%$191K$206K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06348+0.013%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06355+0.128%$2.0M$1.6M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.063470.000%$7.5M$4.7M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06348+0.016%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06348+0.016%$1.5M$343K50xas long as short
Bitget PYTHUSDTshort+0.0100%4h0.063470.000%$2.7M$2.2M75x
BingX PYTH-USDT+0.0100%4h0.06346−0.016%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06349+0.031%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06343−0.061%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0104%1h0.06385+0.599%$40K$18K25xas long as short
Reya PYTHRUSDPERPlong+0.0302%1h0.06347long leg20x
Kraken Futures PF_PYTHUSD+0.0412%1h0.06354+0.105%$387K$294K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.1010%1h0.06359+0.189%$10K$10K10xas long as short