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

PYTH

all PYTH markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0067%/8h
paid, last 24h−0.020%paid, last 4 days−0.138%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PYTH_USDC_mythos0.065390.0100pay 0.0050% / 4h1h 04m$3K$79810x
ShortInjective PYTH/USDC PERP0.065250.0033get 0.0004% / 1h4m 39s$577$80K5.5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$14
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$20.02
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.217%
Avg gap 7d
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 Orderly no order-book sample
Sell Injective no order-book sample
Orderly and Injective: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_PYTHUSD−0.0310%1h$406K$212K25xas long as short
dYdX PYTH-USD0.0000%1h$194K$195xas long as short
Injective PYTH/USDC PERPshort+0.0033%1h$577$80K5.5x
Coinbase International PYTH-PERP-INTX+0.0072%1h$39K$8K25xas long as short
MEXC PYTH_USDT+0.0084%4h$9.6M$2.8M125xas long as short
Binance PYTHUSDT+0.0085%4h$9.4M$14.3M75xas long as short
Aster PYTHUSDT+0.0093%4h$24K$30K10xas long as short
Lighter PYTH+0.0096%1h$200K$193K5xas long as short
Paradex PYTH-USD-PERP+0.0098%8h$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h$1.9M$1.2M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit PYTHUSDT+0.0100%4h$8.0M$4.5M50xas long as short
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_mythoslong+0.0100%4h$3K$79810x
Aevo PYTH-PERP+0.0104%1h$23K3xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0208%1h$11K$10K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h20xas long as short
BloFin PYTH-USDT+0.0324%4h$446K$124K75xas long as short