Settings8H · net · $10k
Funding arb · Price arb /

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h −0.008%
Price spread now: BloFin against Aevo+0.011%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PYTH-PERP0.063150.0088pay 0.0011% / 1h0m 43s$23K3x
ShortBloFin PYTH-USDT0.063160.0031get 0.0015% / 4h3h 00m$424K$76K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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
−$12.06
Price spread: +0.011% → 0.000%
$1.11
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$38.95
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 30 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 Aevo no order-book sample
Sell BloFin live order book, 30 min ago4.69 bp12.1 bp −$1232.7 bp −$327109.9 bp −$11.0Kdoesn't fit
Aevo: 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
Backpack PYTH_USDC_PERP−0.0146%1h0.06324+0.131%$38K$63K10xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0066%1h0.06319+0.059%$10K$10K10xas long as short
Gate PYTH_USDT−0.0056%4h0.06310−0.084%$1.0M$522K75xas long as short
dYdX PYTH-USD0.0000%1h0.06323+0.120%$188K$195xas long as short
BloFin PYTH-USDTshort+0.0031%4h0.06316+0.011%$424K$76K75x
Injective PYTH/USDC PERP+0.0033%1h0.06260−0.876%$553$220K5.5xas long as short
Binance PYTHUSDT+0.0039%4h0.06314−0.021%$9.0M$18.4M75xas long as short
MEXC PYTH_USDT+0.0040%4h0.06314−0.021%$10.6M$2.9M125xas long as short
Aevo PYTH-PERPlong+0.0088%1h0.06315long leg$23K3x
Lighter PYTH+0.0096%1h0.06324+0.138%$193K$212K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06315−0.006%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06321+0.097%$2.3M$1.8M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06322+0.099%$20K$45K10xas long as short
Bybit PYTHUSDT+0.0100%4h0.06316+0.011%$7.4M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06316+0.011%$2.1M$3.5M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06319+0.059%$1.5M$347K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06319+0.059%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06320+0.074%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06312−0.046%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06313−0.041%$2K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0152%1h0.06493+2.814%$40K$19K25xas long as short
Kraken Futures PF_PYTHUSD+0.0301%1h0.06322+0.110%$386K$302K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06315−0.009%20xas long as short