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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against Variational Omni+0.498%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.498% dearer against Variational Omni than usual: you sell high and buy low, +$50 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PYTH0.064260.0100pay 0.0050% / 4h3h 15m$39K$27K
ShortBybit PYTHUSDT0.064580.0100get 0.0050% / 4h3h 15m$7.7M$4.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
$0
Price spread: +0.498% → 0.000%
$49.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$38.79
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 min ago. 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 Variational Omni no order-book sample
Sell Bybit live order book, 3 min ago3.13 bp30.3 bp −$3091.4 bp −$914doesn't fitdoesn't fit
Variational Omni: 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
MEXC PYTH_USDT−0.0138%4h0.06453+0.420%$9.8M$2.4M125xas long as short
Kraken Futures PF_PYTHUSD−0.0134%1h0.06453+0.428%$396K$291K25xas long as short
Binance PYTHUSDT−0.0133%4h0.06453+0.420%$9.3M$17.6M75xas long as short
BloFin PYTH-USDT−0.0122%4h0.06412−0.218%$429K$111K75xas long as short
Coinbase International PYTH-PERP-INTX−0.0064%1h0.06415−0.171%$40K$18K25xas long as short
dYdX PYTH-USD0.0000%1h0.06440+0.218%$191K$195xas long as short
Aster PYTHUSDT+0.0014%4h0.06438+0.186%$22K$44K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−2.583%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0048%1h0.06444+0.286%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06451+0.389%$202K$199K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06440+0.219%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06460+0.534%$1.9M$1.6M5xas long as short
Bybit PYTHUSDTshort+0.0100%4h0.06458+0.498%$7.7M$4.8M50x
OKX PYTH-USDT-SWAP+0.0100%4h0.06455+0.451%$2.1M$3.4M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06452+0.405%$1.1M$473K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06456+0.467%$1.6M$325K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06454+0.436%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06454+0.436%$2.8Mas long as short
Variational Omni PYTHlong+0.0100%4h0.06426long leg$39K$27K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06441+0.230%$3K$2K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06437+0.175%20xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0525%1h0.06456+0.467%$10K$10K10xas long as short
Backpack PYTH_USDC_PERP+0.0942%1h0.06466+0.629%$36K$91K10xas long as short