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 20:00 UTC+0.0202%/8hpaid last 24h
Price spread now: Reya against BingX+0.030%50s7-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 airdropReya: 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 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PYTH-USDT0.063380.0100pay 0.0050% / 4h6m 45s$2.8M
ShortReya PYTHRUSDPERP0.063400.0302get 0.0038% / 1h6m 45s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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: +0.030% → 0.000%
$3.04
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$29.56
Costs to cover
0.160%
Break-even
2.1 days
Slippage unknown: BingX: live order book, 2 min ago; 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 BingX live order book, 2 min ago4.72 bp20.6 bp −$2141.7 bp −$417280.0 bp −$28.0K477.3 bp −$238.7K
Sell Reya no order-book sample
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
Injective PYTH/USDC PERP−0.0507%1h0.06367+0.458%$563$143K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0249%1h0.06351+0.204%$382K$224K25xas long as short
Bybit PYTHUSDT−0.0186%4h0.063380.000%$7.4M$4.9M50xas long as short
Gate PYTH_USDT−0.0174%4h0.06339+0.016%$1.1M$523K75xas long as short
dYdX PYTH-USD0.0000%1h0.06348+0.158%$188K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06351+0.205%$10K$10K10xas long as short
Binance PYTHUSDT+0.0032%4h0.06338+0.007%$9.0M$15.8M75xas long as short
MEXC PYTH_USDT+0.0038%4h0.06339+0.016%$9.5M$2.5M125xas long as short
BloFin PYTH-USDT+0.0083%4h0.06344+0.095%$427K$126K75xas long as short
Aevo PYTH-PERP+0.0088%1h0.06349+0.181%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0095%8h0.06335−0.052%$3K$5610xas long as short
Lighter PYTH+0.0096%1h0.06349+0.174%$197K$202K5xas long as short
Hyperliquid PYTH+0.0100%1h0.06343+0.082%$1.6M$1.5M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06347+0.139%$21K$34K10xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06337−0.016%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06347+0.142%$1.5M$336K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06337−0.016%$2.6M$1.9M75xas long as short
BingX PYTH-USDTlong+0.0100%4h0.06338long leg$2.8M
Backpack PYTH_USDC_PERP+0.0100%1h0.06347+0.140%$38K$90K10xas long as short
Variational Omni PYTH+0.0100%4h0.06356+0.283%$44K$17Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06347+0.148%$3K$1K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0232%1h0.06369+0.489%$39K$9K25xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06340+0.030%20x