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 −0.018%
Price spread now: Bybit against Variational Omni−0.453%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 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: Bybit is 0.453% cheaper against Variational Omni than usual: you would sell low and buy high, −$45 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PYTH0.064720.0100pay 0.0050% / 4h6m 14s$39K$25K
ShortBybit PYTHUSDT0.064430.0100get 0.0050% / 4h6m 14s$7.6M$4.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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: −0.453% → 0.000%
−$45.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$56.27
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 2 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 Variational Omni no order-book sample
Sell Bybit live order book, 2 min ago2.33 bp31.3 bp −$3188.2 bp −$882doesn't fitdoesn't fit
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
Gate PYTH_USDT−0.0088%4h0.06439−0.515%$1.1M$519K75xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0060%1h0.06449−0.360%$10K$10K10xas long as short
dYdX PYTH-USD0.0000%1h0.06456−0.256%$192K$195xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−3.280%$553$220K5.5xas long as short
MEXC PYTH_USDT+0.0062%4h0.06442−0.468%$10.5M$2.7M125xas long as short
Binance PYTHUSDT+0.0062%4h0.06440−0.501%$9.2M$18.3M75xas long as short
Aster PYTHUSDT+0.0069%4h0.06456−0.252%$21K$45K10xas long as short
Lighter PYTH+0.0096%1h0.06452−0.314%$193K$210K5xas long as short
Aevo PYTH-PERP+0.0096%1h0.06445−0.422%$23K3xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06439−0.513%$3K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PYTH+0.0100%1h0.06454−0.281%$2.3M$1.8M5xas long as short
Bybit PYTHUSDTshort+0.0100%4h0.06443−0.453%$7.6M$4.8M50x
OKX PYTH-USDT-SWAP+0.0100%4h0.06445−0.422%$2.1M$3.5M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06449−0.360%$1.5M$351K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06442−0.468%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06445−0.422%$2.7Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06458−0.223%$37K$60K10xas long as short
Variational Omni PYTHlong+0.0100%4h0.06472long leg$39K$25K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06444−0.433%$2K$2K10xas long as short
BloFin PYTH-USDT+0.0102%4h0.06456−0.252%$431K$81K75xas long as short
Coinbase International PYTH-PERP-INTX+0.0104%1h0.06493+0.320%$40K$19K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06442−0.461%20xas long as short
Kraken Futures PF_PYTHUSD+0.0406%1h0.06450−0.348%$398K$294K25xas long as short