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

PYTH

all PYTH markets
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Funding spread now, next payment 15:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.047%to open and close $10k−$67
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PYTHUSDT0.065170.0100pay 0.0050% / 4h1h 02m$8.0M$4.5M50x
ShortLighter PYTH0.065260.0096get 0.0012% / 1h2m 16s$200K$193K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$56.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$67.92
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 43 min ago.

Price risk

price view
Price gap now
+0.138%
Avg gap 7d
+0.092%
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, 2 min ago4.60 bp31.9 bp −$32235.3 bp −$2,353doesn't fitdoesn't fit
Sell Lighter live order book, 43 min ago2.33 bp11.3 bp −$1182.3 bp −$823doesn't fitdoesn't fit

PYTH on 23 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_PYTHUSD−0.0311%1h$404K$212K25xas long as short
dYdX PYTH-USD0.0000%1h$194K$195xas long as short
Injective PYTH/USDC PERP+0.0033%1h$577$80K5.5xas long as short
Coinbase International PYTH-PERP-INTX+0.0072%1h$39K$8K25xas long as short
Binance PYTHUSDT+0.0082%4h$9.4M$14.3M75xas long as short
MEXC PYTH_USDT+0.0084%4h$9.6M$2.8M125xas long as short
Aster PYTHUSDT+0.0090%4h$24K$30K10xas long as short
Lighter PYTHshort+0.0096%1h$200K$193K5x
Paradex PYTH-USD-PERP+0.0098%8h$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h$1.8M$1.2M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit PYTHUSDTlong+0.0100%4h$8.0M$4.5M50x
OKX PYTH-USDT-SWAP+0.0100%4h$2.1M$3.3M50xas long as short
Gate PYTH_USDT+0.0100%4h$1.2M$439K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h$1.6M$393K50xas long as short
Bitget PYTHUSDT+0.0100%4h$2.6M$1.7M75xas long as short
BingX PYTH-USDT+0.0100%4h$2.8Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h$26K$80K10xas long as short
Variational Omni PYTH+0.0100%4h$46K$17Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h$3K$79810xas long as short
Aevo PYTH-PERP+0.0104%1h$23K3xas long as short
Reya PYTHRUSDPERP+0.0302%1h20xas long as short
BloFin PYTH-USDT+0.0325%4h$445K$124K75xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0363%1h$11K$10K10xas long as short