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

PYTH

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h
Price spread now: Reya against Variational Omni+0.120%7-day average · you sell dearer than you buy
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 airdropVariational Omni: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.120% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PYTH0.063090.0100pay 0.0050% / 4h1h 44m$38K$26K
ShortReya PYTHRUSDPERP0.063170.0302get 0.0038% / 1h44m 16s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$42.51
Price spread: +0.120% → 0.000%
$11.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$48.47
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Reya: 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 Reya no order-book sample
Variational Omni and 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−0.0425%1h0.06332+0.363%$39K$50K10xas long as short
Gate PYTH_USDT−0.0224%4h0.06316+0.105%$1.0M$498K75xas long as short
Binance PYTHUSDT−0.0035%4h0.06317+0.122%$9.1M$17.7M75xas long as short
MEXC PYTH_USDT−0.0034%4h0.06320+0.168%$9.5M$2.3M125xas long as short
Aster PYTHUSDT−0.0005%4h0.06324+0.234%$20K$46K10xas long as short
dYdX PYTH-USD0.0000%1h0.06328+0.292%$188K$195xas long as short
BloFin PYTH-USDT+0.0019%4h0.06300−0.149%$425K$89K75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−0.783%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0072%1h0.06325+0.247%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06332+0.358%$190K$204K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06321+0.187%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06327+0.276%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06325+0.247%$7.5M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06329+0.311%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06328+0.295%$1.5M$340K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06317+0.121%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06321+0.184%$2.7Mas long as short
Variational Omni PYTHlong+0.0100%4h0.06309long leg$38K$26K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06321+0.182%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0176%1h0.06369+0.945%$39K$18K25xas long as short
Kraken Futures PF_PYTHUSD+0.0302%1h0.06330+0.326%$386K$291K25xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06317+0.120%20x
Deribit PYTH_USDC-PERPETUAL+0.0698%1h0.06337+0.438%$10K$10K10xas long as short