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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.003%
Price spread now: KuCoin against Aevo−0.006%7-day average · you buy dearer than you sell
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-PERP0.063900.0040pay 0.0005% / 1h33m 50s$23K3x
ShortKuCoin PYTHUSDTM0.063900.0100get 0.0050% / 4h3h 33m$1.5M$323K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$12.6
Price spread: −0.006% → 0.000%
−$0.63
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$16.03
Costs to cover
0.280%
Break-even
15.9 days
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago9.39 bp57.9 bp −$58654.1 bp −$6,541doesn't fitdoesn'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
BloFin PYTH-USDT−0.0170%4h0.06385−0.085%$425K$113K75xas long as short
Binance PYTHUSDT−0.0144%4h0.06385−0.085%$9.2M$17.5M75xas long as short
MEXC PYTH_USDT−0.0144%4h0.06386−0.069%$9.7M$2.4M125xas long as short
Kraken Futures PF_PYTHUSD−0.0136%1h0.06396+0.082%$393K$290K25xas long as short
Coinbase International PYTH-PERP-INTX−0.0064%1h0.06368−0.351%$40K$18K25xas long as short
dYdX PYTH-USD0.0000%1h0.06396+0.084%$190K$195xas long as short
Aster PYTHUSDT+0.0015%4h0.06389−0.025%$22K$44K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−2.041%$553$220K5.5xas long as short
Aevo PYTH-PERPlong+0.0040%1h0.06390long leg$23K3x
Deribit PYTH_USDC-PERPETUAL+0.0063%1h0.06393+0.041%$10K$10K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PYTH+0.0096%1h0.06398+0.119%$202K$198K5xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06380−0.162%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06393+0.047%$1.9M$1.6M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06388−0.038%$7.6M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06386−0.069%$2.1M$3.4M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06386−0.069%$1.1M$469K75xas long as short
KuCoin PYTHUSDTMshort+0.0100%4h0.06390−0.006%$1.5M$323K50x
Bitget PYTHUSDT+0.0100%4h0.06388−0.038%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06387−0.053%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06387−0.053%$39K$27Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06386−0.064%$3K$2K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06388−0.037%20xas long as short
Backpack PYTH_USDC_PERP+0.0936%1h0.06397+0.097%$35K$92K10xas long as short