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 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.001%
Price spread now: Paradex against Variational Omni−0.319%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 · Paradex: 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: Paradex is 0.319% cheaper against Variational Omni than usual: you would sell low and buy high, −$32 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PYTH0.063480.0100pay 0.0050% / 4h2h 15m$44K$23K
ShortParadex PYTH-USD-PERP0.063280.0099get 0.0099% / 8h2h 15m$3K$5610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.16
Price spread: −0.319% → 0.000%
−$31.93
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$36.1
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Paradex: 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 Variational Omni no order-book sample
Sell Paradex no order-book sample
Variational Omni and Paradex: 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
Deribit PYTH_USDC-PERPETUAL−0.0696%1h0.06336−0.191%$10K$10K10xas long as short
Injective PYTH/USDC PERP−0.0586%1h0.06350+0.029%$561$180K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0216%1h0.06339−0.139%$384K$240K25xas long as short
Gate PYTH_USDT−0.0026%4h0.06332−0.254%$1.1M$466K75xas long as short
dYdX PYTH-USD0.0000%1h0.06344−0.070%$188K$195xas long as short
BloFin PYTH-USDT+0.0013%4h0.06338−0.160%$423K$117K75xas long as short
MEXC PYTH_USDT+0.0022%4h0.06329−0.302%$9.3M$2.4M125xas long as short
Binance PYTHUSDT+0.0026%4h0.06329−0.302%$9.1M$16.0M75xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.305%$40K$6K25xas long as short
Aevo PYTH-PERP+0.0088%1h0.06330−0.280%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PYTHUSDT+0.0095%4h0.06335−0.207%$7.4M$4.9M50xas long as short
Lighter PYTH+0.0096%1h0.06341−0.113%$196K$206K5xas long as short
Paradex PYTH-USD-PERPshort+0.0099%8h0.06328−0.319%$3K$5610x
Hyperliquid PYTH+0.0100%1h0.06337−0.182%$1.7M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06337−0.176%$20K$24K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06331−0.270%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06338−0.160%$1.5M$304K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06340−0.128%$2.6M$1.9M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06334−0.223%$2.8Mas long as short
Variational Omni PYTHlong+0.0100%4h0.06348long leg$44K$23K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06335−0.210%$3K$1K10xas long as short
Backpack PYTH_USDC_PERP+0.0213%1h0.06338−0.152%$38K$87K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06331−0.268%20xas long as short