Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni−0.061%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.061% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06314 | 0.0100 | pay 0.0050% / 4h | 45m 24s | $38K | $25K | — |
| Short | Lighter PYTH | 0.06310 | 0.0096 | get 0.0012% / 1h | 45m 24s | $190K | $206K | 5x |
Variational Omni PYTH
Lighter PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.061% → 0.000%
- −$6.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.91
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Lighter: live order book, 60 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 60 min ago | 3.95 bp | 11.5 bp −$11 | 78.4 bp −$784 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0421% | 1h | 0.06324 | +0.167% | $37K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0202% | 4h | 0.06295 | −0.298% | $1.0M | $505K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0066% | 1h | 0.06319 | +0.082% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06310 | −0.064% | $187K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0028% | 4h | 0.06303 | −0.172% | $10.0M | $2.5M | 125x | as long as short |
| Aster PYTHUSDT | +0.0031% | 4h | 0.06307 | −0.109% | $20K | $44K | 10x | as long as short |
| Binance PYTHUSDT | +0.0032% | 4h | 0.06297 | −0.263% | $9.0M | $17.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.853% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0041% | 4h | 0.06308 | −0.092% | $350K | $81K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06327 | +0.207% | $23K | — | 3x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
dYdX PYTH-USD
MEXC PYTH_USDT
Aster PYTHUSDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
BloFin PYTH-USDT
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTHshort | +0.0096% | 1h | 0.06310 | −0.061% | $190K | $206K | 5x | |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06299 | −0.232% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06313 | −0.010% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06303 | −0.172% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06301 | −0.203% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06307 | −0.108% | $1.5M | $344K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06305 | −0.140% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06300 | −0.219% | — | $2.7M | — | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06314 | long leg | $38K | $25K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06299 | −0.233% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06324 | +0.161% | $39K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06302 | −0.185% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0414% | 1h | 0.06324 | +0.155% | $385K | $293K | 25x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD