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 05:00 UTC+0.0254%/8h= +27.9% APRpaid last 24h
Price spread now: Reya against MEXC+0.022%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Reya is 0.022% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PYTH_USDT0.063710.0048pay 0.0024% / 4h3h 21m$10.7M$2.8M125x
ShortReya PYTHRUSDPERP0.063720.0302get 0.0038% / 1h21m 15s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against MEXC. 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
$53.43
Price spread: +0.022% → 0.000%
$2.17
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$49.61
Costs to cover
0.060%
Break-even
0.5 days
Slippage unknown: MEXC: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

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, 2 min ago1.58 bp5.7 bp −$622.8 bp −$228101.7 bp −$10.2K165.0 bp −$82.5K
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit PYTH_USDC-PERPETUAL−0.0377%1h0.06377+0.094%$10K$10K10xas long as short
Backpack PYTH_USDC_PERP−0.0001%1h0.06359−0.185%$38K$63K10xas long as short
dYdX PYTH-USD0.0000%1h0.06368−0.049%$189K$195xas long as short
Gate PYTH_USDT+0.0008%4h0.06358−0.204%$1.0M$518K75xas long as short
BloFin PYTH-USDT+0.0014%4h0.06353−0.283%$425K$78K75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.742%$553$220K5.5xas long as short
MEXC PYTH_USDTlong+0.0048%4h0.06371long leg$10.7M$2.8M125x
Binance PYTHUSDT+0.0050%4h0.06371−0.002%$9.1M$18.4M75xas long as short
Aster PYTHUSDT+0.0090%4h0.06374+0.054%$20K$45K10xas long as short
Lighter PYTH+0.0096%1h0.06372+0.016%$192K$209K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0096%1h0.06371+0.008%$23K3xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06368−0.046%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06382+0.168%$2.3M$1.8M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06372+0.016%$7.5M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06374+0.047%$2.1M$3.5M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06367−0.063%$1.5M$346K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06373+0.031%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06372+0.016%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06374+0.044%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06370−0.013%$2K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0152%1h0.06493+1.915%$40K$19K25xas long as short
Kraken Futures PF_PYTHUSD+0.0298%1h0.06376+0.075%$390K$302K25xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06372+0.022%20x