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 02:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h −0.017%
Price spread now: dYdX against BloFin+0.141%212s7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2622.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 3 days (all we have)+0.128%+$13 · spread now +0.141%, 7d avg +0.143%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour. The two prices were read 212 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PYTH-USDT0.06394−0.0143get 0.0072% / 4h2h 45m$428K$113K75x
ShortdYdX PYTH-USD0.064030get 0.0000% / 1h45m 03s$190K$195x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BloFin. 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
$30.12
Price spread: +0.141% → +0.143%
−$0.15
Slippage, 4 orders
−$240.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$232.43
Costs to cover
2.624%
Break-even
61.0 days
Slippage from BloFin: live order book, 21 min ago; dYdX: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 21 min ago3.09 bp16.7 bp −$1730.9 bp −$309doesn't fitdoesn't fit
Sell dYdX live order book, 24 min ago45.53 bp159.5 bp −$159199.0 bp −$1,990208.7 bp −$20.9K914.8 bp −$457.4K

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
BloFin PYTH-USDTlong−0.0143%4h0.06394long leg$428K$113K75x
Binance PYTHUSDT−0.0104%4h0.06393−0.016%$9.2M$17.8M75xas long as short
MEXC PYTH_USDT−0.0104%4h0.06392−0.031%$9.7M$2.4M125xas long as short
Coinbase International PYTH-PERP-INTX−0.0064%1h0.06418+0.375%$40K$18K25xas long as short
Aster PYTHUSDT−0.0002%4h0.06391−0.049%$20K$46K10xas long as short
dYdX PYTH-USDshort0.0000%1h0.06403+0.141%$190K$195x
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06402+0.125%$10K$10K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−2.096%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0056%1h0.06389−0.072%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06402+0.125%$191K$205K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06391−0.053%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06402+0.130%$2.0M$1.6M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06392−0.031%$7.6M$4.9M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06391−0.047%$2.1M$3.4M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06388−0.094%$1.1M$493K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06397+0.047%$1.5M$336K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.063940.000%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06392−0.031%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06395+0.016%$39K$27Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06392−0.036%$3K$2K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06392−0.035%20xas long as short
Kraken Futures PF_PYTHUSD+0.0374%1h0.06401+0.106%$393K$291K25xas long as short
Backpack PYTH_USDC_PERP+0.0688%1h0.06402+0.125%$38K$93K10xas long as short