data as of
Settings8H · net · $10k
Funding arb /

PYTH

all PYTH markets
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Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.055%to open and close $10k−$66
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PYTHUSDT0.063260.0100pay 0.0050% / 4h2h 00m$7.5M$4.8M50x
ShortHyperliquid PYTH0.063300.0100get 0.0013% / 1h0m 24s$1.7M$1.5M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$45.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$65.9
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.062%
Avg gap 7d
+0.048%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.59 bp16.5 bp −$17220.2 bp −$2,202doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago0.47 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit

PYTH on 23 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PYTH_USDT−0.0098%4h$1.1M$558K75xas long as short
dYdX PYTH-USD0.0000%1h$188K$195xas long as short
Injective PYTH/USDC PERP+0.0033%1h$577$46K5.5xas long as short
Paradex PYTH-USD-PERP+0.0095%8h$3K$5610xas long as short
Lighter PYTH+0.0096%1h$196K$202K5xas long as short
Hyperliquid PYTHshort+0.0100%1h$1.7M$1.5M5x
Aster PYTHUSDT+0.0100%4h$21K$34K10xas long as short
Binance PYTHUSDT+0.0100%4h$9.1M$15.9M75xas long as short
Bybit PYTHUSDTlong+0.0100%4h$7.5M$4.8M50x
OKX PYTH-USDT-SWAP+0.0100%4h$2.0M$3.6M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC PYTH_USDT+0.0100%4h$9.2M$2.7M125xas long as short
KuCoin PYTHUSDTM+0.0100%4h$1.5M$372K50xas long as short
Bitget PYTHUSDT+0.0100%4h$2.6M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h$2.9Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h$39K$92K10xas long as short
Variational Omni PYTH+0.0100%4h$43K$16Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h$3K$1K10xas long as short
Aevo PYTH-PERP+0.0104%1h$23K3xas long as short
BloFin PYTH-USDT+0.0131%4h$436K$132K75xas long as short
Kraken Futures PF_PYTHUSD+0.0181%1h$382K$229K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h20xas long as short
Coinbase International PYTH-PERP-INTX+0.0304%1h$39K$10K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0381%1h$10K$10K10xas long as short