PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.013%

Price spread now: BloFin against OKX−0.047%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$720.715% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.185%−$19 · spread now −0.047%, 7d avg −0.061%

Together, before fees−0.273%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PYTH-USDT-SWAP	0.06355	0.0100	pay 0.0050% / 4h	1h 55m	$2.1M	$3.5M	50x
Short	BloFin PYTH-USDT	0.06352	0.0063	get 0.0032% / 4h	1h 55m	$422K	$77K	75x

Funding history

latest

Range statsloading…

BloFin against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now −0.047%Rate

Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 31 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	2.35 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 31 min ago	2.40 bp	19.8 bp −$20	37.6 bp −$376	103.6 bp −$10.4K	doesn't fit

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
dYdX PYTH-USD	0.0000%	1h	0.06367	+0.188%	$189K	$19	5x	as long as short
Deribit PYTH_USDC-PERPETUAL	0.0000%	1h	0.06360	+0.079%	$10K	$10K	10x	as long as short
Gate PYTH_USDT	+0.0006%	4h	0.06358	+0.047%	$1.0M	$530K	75x	as long as short
Binance PYTHUSDT	+0.0019%	4h	0.06351	−0.064%	$9.0M	$19.1M	75x	as long as short
MEXC PYTH_USDT	+0.0026%	4h	0.06354	−0.016%	$10.6M	$2.7M	125x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.495%	$553	$220K	5.5x	as long as short
BloFin PYTH-USDTshort	+0.0063%	4h	0.06352	−0.047%	$422K	$77K	75x
Aevo PYTH-PERP	+0.0088%	1h	0.06357	+0.036%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06364	+0.142%	$193K	$214K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06349	−0.089%	$3K	—	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PYTH	+0.0100%	1h	0.06360	+0.085%	$2.3M	$2.0M	5x	as long as short
Aster PYTHUSDT	+0.0100%	4h	0.06364	+0.146%	$19K	$46K	10x	as long as short
Bybit PYTHUSDT	+0.0100%	4h	0.06352	−0.047%	$7.5M	$4.9M	50x	as long as short
OKX PYTH-USDT-SWAPlong	+0.0100%	4h	0.06355	long leg	$2.1M	$3.5M	50x
KuCoin PYTHUSDTM	+0.0100%	4h	0.06365	+0.157%	$1.5M	$351K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06355	0.000%	$2.7M	$2.2M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06359	+0.063%	—	$2.8M	—	as long as short
Backpack PYTH_USDC_PERP	+0.0100%	1h	0.06364	+0.142%	$38K	$64K	10x	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06370	+0.242%	$40K	$27K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06358	+0.052%	$2K	$2K	10x	as long as short
Kraken Futures PF_PYTHUSD	+0.0130%	1h	0.06360	+0.080%	$387K	$294K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06355	+0.008%	—	—	20x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0368%	1h	0.06427	+1.133%	$40K	$19K	25x	as long as short