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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.001%
Price spread now: Aster against Aevo+0.041%49s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.041% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PYTH-PERP0.063000.0088pay 0.0011% / 1h38m 37s$22K3x
ShortAster PYTHUSDT0.063030.0100get 0.0050% / 4h1h 38m$25K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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
$2.52
Price spread: +0.041% → 0.000%
$4.08
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.4
Costs to cover
0.240%
Break-even
55.3 days
Slippage unknown: Aevo: no order-book sample; Aster: 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 Aevo no order-book sample
Sell Aster no order-book sample
Aevo and Aster: 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%1h0.06260−0.635%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0208%1h0.06299−0.017%$383K$252K25xas long as short
Bybit PYTHUSDT−0.0042%4h0.06303+0.048%$7.4M$5.1M50xas long as short
Gate PYTH_USDT−0.0020%4h0.063000.000%$1.1M$478K75xas long as short
dYdX PYTH-USD0.0000%1h0.06313+0.207%$187K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06311+0.175%$10K$10K10xas long as short
MEXC PYTH_USDT+0.0016%4h0.063000.000%$9.2M$2.3M125xas long as short
Binance PYTHUSDT+0.0017%4h0.06299−0.022%$9.1M$17.0M75xas long as short
BloFin PYTH-USDT+0.0068%4h0.06297−0.048%$420K$115K75xas long as short
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.079%$40K$6K25xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack PYTH_USDC_PERP+0.0087%1h0.06307+0.111%$38K$88K10xas long as short
Aevo PYTH-PERPlong+0.0088%1h0.06300long leg$22K3x
Lighter PYTH+0.0096%1h0.06309+0.143%$197K$208K5xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06297−0.040%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06308+0.130%$1.7M$1.5M5xas long as short
Aster PYTHUSDTshort+0.0100%4h0.06303+0.041%$25K$40K10x
OKX PYTH-USDT-SWAP+0.0100%4h0.063000.000%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06308+0.127%$1.5M$315K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06306+0.095%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06304+0.063%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06304+0.060%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06306+0.089%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06304+0.065%20xas long as short