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

PYTH

all PYTH markets
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Funding spread now, next payment 14:00 UTC+0.0046%/8h
paid, last 24h+0.006%paid, last 7 days+0.103%to open and close $10k−$44
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PYTH_USDT0.064750.0054pay 0.0027% / 4h2h 40m$9.6M$2.7M125x
ShortHyperliquid PYTH0.064870.0100get 0.0013% / 1h40m 22s$1.9M$1.1M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$9.66
Slippage, 4 orders
−$35.08
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$34.42
Break-even
31.9 days
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.187%
Avg gap 7d
+0.097%
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 MEXC live order book, 4 min ago0.77 bp5.6 bp −$622.2 bp −$22294.3 bp −$9,426185.0 bp −$92.5K
Sell Hyperliquid live order book, 2 min ago0.77 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit

PYTH on 23 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit PYTH_USDC-PERPETUAL−0.0674%1h$10K$10K10xas long as short
Coinbase International PYTH-PERP-INTX−0.0136%1h$39K$8K25xas long as short
dYdX PYTH-USD0.0000%1h$192K$285xas long as short
Injective PYTH/USDC PERP+0.0033%1h$537$34K5.5xas long as short
Gate PYTH_USDT+0.0046%4h$1.2M$409K75xas long as short
MEXC PYTH_USDTlong+0.0054%4h$9.6M$2.7M125x
Binance PYTHUSDT+0.0057%4h$9.2M$13.8M75xas long as short
Lighter PYTH+0.0096%1h$196K$115K5xas long as short
Aevo PYTH-PERP+0.0096%1h$23K3xas long as short
Paradex PYTH-USD-PERP+0.0100%8h$3K$5610xas long as short
Show all 23 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PYTHshort+0.0100%1h$1.9M$1.1M5x
Aster PYTHUSDT+0.0100%4h$22K$26K10xas long as short
Bybit PYTHUSDT+0.0100%4h$7.9M$4.5M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h$2.1M$3.2M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h$1.6M$409K50xas long as short
Bitget PYTHUSDT+0.0100%4h$2.6M$1.7M75xas long as short
BingX PYTH-USDT+0.0100%4h$2.9Mas long as short
Variational Omni PYTH+0.0100%4h$44K$12Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h$3K$79810xas long as short
BloFin PYTH-USDT+0.0220%4h$441K$124K75xas long as short
Backpack PYTH_USDC_PERP+0.0232%1h$30K$81K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h20xas long as short
Kraken Futures PF_PYTHUSD+0.0444%1h$402K$206K25xas long as short