Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni+0.493%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.493% dearer against Variational Omni than usual: you sell high and buy low, +$49 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06249 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $44K | $22K | — |
| Short | Lighter PYTH | 0.06280 | 0.0096 | get 0.0012% / 1h | 56m 00s | $197K | $208K | 5x |
Variational Omni PYTH
Lighter PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.493% → 0.000%
- $49.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $48.42
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Lighter: live order book, 18 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 18 min ago | 3.95 bp | 8.5 bp −$8 | 60.4 bp −$604 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | +0.173% | $553 | $220K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0209% | 1h | 0.06276 | +0.425% | $381K | $253K | 25x | as long as short |
| Backpack PYTH_USDC_PERP | −0.0131% | 1h | 0.06277 | +0.453% | $38K | $88K | 10x | as long as short |
| Gate PYTH_USDT | −0.0056% | 4h | 0.06268 | +0.301% | $1.1M | $474K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06275 | +0.420% | $186K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0026% | 4h | 0.06270 | +0.333% | $9.2M | $2.3M | 125x | as long as short |
| Binance PYTHUSDT | +0.0030% | 4h | 0.06270 | +0.327% | $9.0M | $16.7M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0056% | 4h | 0.06272 | +0.365% | $7.4M | $5.1M | 50x | as long as short |
| BloFin PYTH-USDT | +0.0068% | 4h | 0.06258 | +0.141% | $420K | $115K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.909% | $40K | $6K | 25x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
Bybit PYTHUSDT
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTXShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06275 | +0.413% | $22K | — | 3x | as long as short |
| Lighter PYTHshort | +0.0096% | 1h | 0.06280 | +0.493% | $197K | $208K | 5x | |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06275 | +0.417% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06275 | +0.419% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06277 | +0.447% | $19K | $30K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06277 | +0.445% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06277 | +0.445% | $1.5M | $313K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06272 | +0.365% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06272 | +0.365% | — | $2.8M | — | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06249 | long leg | $44K | $22K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06273 | +0.377% | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0228% | 1h | 0.06285 | +0.573% | $10K | $10K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06273 | +0.386% | — | — | 20x | as long as short |
Aevo PYTH-PERP
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Deribit PYTH_USDC-PERPETUAL
Reya PYTHRUSDPERP