Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: OKX against Lighter−0.251%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.251%, 7d avg −0.107%
=Together, before fees+0.226%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.144% cheaper against Lighter than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PYTH | 0.06363 | 0.0096 | pay 0.0012% / 1h | 8m 29s | $191K | $205K | 5x |
| Short | OKX PYTH-USDT-SWAP | 0.06347 | 0.0100 | get 0.0050% / 4h | 1h 08m | $2.1M | $3.4M | 50x |
Lighter PYTH
OKX PYTH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.251% → −0.107%
- −$14.45
- Slippage, 4 orders
- −$59.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.17
- Costs to cover
- 0.696%
- Break-even
- 700.1 days
Slippage from Lighter: live order book, 37 min ago; OKX: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 37 min ago | 3.95 bp | 22.8 bp −$23 | 108.1 bp −$1,081 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.14 bp | 17.9 bp −$18 | 94.2 bp −$942 | doesn't fit | doesn't fit |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0316% | 1h | 0.06363 | 0.000% | $39K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0196% | 4h | 0.06345 | −0.283% | $1.0M | $504K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06354 | −0.145% | $189K | $19 | 5x | as long as short |
| Binance PYTHUSDT | +0.0005% | 4h | 0.06351 | −0.189% | $9.1M | $17.8M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0012% | 4h | 0.06346 | −0.267% | $9.4M | $2.5M | 125x | as long as short |
| BloFin PYTH-USDT | +0.0016% | 4h | 0.06390 | +0.424% | $428K | $87K | 75x | as long as short |
| Aster PYTHUSDT | +0.0021% | 4h | 0.06353 | −0.160% | $20K | $46K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.619% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06338 | −0.393% | $23K | — | 3x | as long as short |
| Lighter PYTHlong | +0.0096% | 1h | 0.06363 | long leg | $191K | $205K | 5x |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Binance PYTHUSDT
MEXC PYTH_USDT
BloFin PYTH-USDT
Aster PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06347 | −0.259% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06356 | −0.116% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06345 | −0.283% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAPshort | +0.0100% | 4h | 0.06347 | −0.251% | $2.1M | $3.4M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06357 | −0.094% | $1.5M | $342K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06344 | −0.299% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06352 | −0.173% | — | $2.7M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06370 | +0.106% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06352 | −0.173% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0176% | 1h | 0.06385 | +0.346% | $40K | $18K | 25x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0301% | 1h | 0.06361 | −0.035% | $388K | $294K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06347 | −0.250% | — | — | 20x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0850% | 1h | 0.06368 | +0.079% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Deribit PYTH_USDC-PERPETUAL