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

PYTH

all PYTH markets
SwapBacktest
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: KuCoin against Variational Omni−0.146%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: KuCoin is 0.146% cheaper against Variational Omni than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PYTH0.062910.0100pay 0.0050% / 4h1h 17m$44K$22K
ShortKuCoin PYTHUSDTM0.062820.0100get 0.0050% / 4h1h 17m$1.5M$314K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.146% → 0.000%
−$14.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26.65
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: 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 Variational Omni no order-book sample
Sell KuCoin live order book, 3 min ago5.57 bp68.8 bp −$69670.4 bp −$6,704doesn'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
Injective PYTH/USDC PERP−0.0428%1h0.06260−0.496%$553$220K5.5xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0387%1h0.06277−0.226%$10K$10K10xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06279−0.188%$381K$252K25xas long as short
BloFin PYTH-USDT−0.0096%4h0.06280−0.178%$419K$114K75xas long as short
Binance PYTHUSDT−0.0062%4h0.06274−0.274%$9.0M$17.1M75xas long as short
Bybit PYTHUSDT−0.0056%4h0.06280−0.178%$7.4M$5.1M50xas long as short
MEXC PYTH_USDT−0.0054%4h0.06275−0.258%$9.1M$2.3M125xas long as short
Gate PYTH_USDT−0.0032%4h0.06273−0.290%$1.1M$480K75xas long as short
dYdX PYTH-USD0.0000%1h0.06289−0.033%$187K$195xas long as short
Aevo PYTH-PERP+0.0064%1h0.06279−0.188%$22K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.222%$40K$6K25xas long as short
Aster PYTHUSDT+0.0089%4h0.06281−0.162%$25K$40K10xas long as short
Lighter PYTH+0.0096%1h0.06284−0.115%$196K$210K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06268−0.365%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06283−0.137%$1.7M$1.5M5xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06276−0.242%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTMshort+0.0100%4h0.06282−0.146%$1.5M$314K50x
Bitget PYTHUSDT+0.0100%4h0.06285−0.099%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06277−0.226%$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06285−0.105%$38K$88K10xas long as short
Variational Omni PYTHlong+0.0100%4h0.06291long leg$44K$22K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06278−0.204%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06276−0.235%20xas long as short