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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.4% APRnext payment $0.29 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Aster+0.021%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 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
The price spread pays, funding is against you. Bybit is 0.021% dearer against Aster than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.062770.0100pay 0.0050% / 4h1h 53m$19K$40K10x
ShortBybit PYTHUSDT0.062780.0041get 0.0021% / 4h1h 53m$7.4M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$12.3
Price spread: +0.021% → 0.000%
$2.09
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$29.22
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Aster no order-book sample
Sell Bybit live order book, 4 min ago0.80 bp28.9 bp −$29118.1 bp −$1,181doesn't fitdoesn't fit
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%1h0.06260−0.266%$553$220K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0209%1h0.06273−0.061%$381K$253K25xas long as short
Gate PYTH_USDT−0.0036%4h0.06270−0.107%$1.1M$476K75xas long as short
dYdX PYTH-USD0.0000%1h0.06276−0.005%$186K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06282+0.085%$10K$10K10xas long as short
BloFin PYTH-USDT+0.0003%4h0.06287+0.164%$419K$115K75xas long as short
MEXC PYTH_USDT+0.0034%4h0.06263−0.218%$9.1M$2.3M125xas long as short
Binance PYTHUSDT+0.0036%4h0.06267−0.154%$9.0M$16.9M75xas long as short
Bybit PYTHUSDTshort+0.0041%4h0.06278+0.021%$7.4M$5.1M50x
Coinbase International PYTH-PERP-INTX+0.0080%1h0.06431+2.458%$40K$6K25xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0088%1h0.06271−0.091%$22K3xas long as short
Lighter PYTH+0.0096%1h0.06280+0.053%$197K$208K5xas long as short
Backpack PYTH_USDC_PERP+0.0097%1h0.06277+0.007%$38K$88K10xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06270−0.105%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06271−0.094%$1.6M$1.5M5xas long as short
Aster PYTHUSDTlong+0.0100%4h0.06277long leg$19K$40K10x
OKX PYTH-USDT-SWAP+0.0100%4h0.06273−0.059%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06274−0.043%$1.5M$314K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06271−0.091%$2.6M$2.0M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06271−0.091%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06271−0.083%$44K$22Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06281+0.077%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06284+0.113%20xas long as short