Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Aevo+0.110%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.110% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread 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 | Aevo PYTH-PERP | 0.06271 | 0.0080 | pay 0.0010% / 1h | 30m 17s | $22K | — | 3x |
| Short | Lighter PYTH | 0.06278 | 0.0096 | get 0.0012% / 1h | 30m 17s | $196K | $208K | 5x |
Aevo PYTH-PERP
Lighter PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- $3.36
- Price spread: +0.110% → 0.000%
- $11
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.64
- Costs to cover
- 0.160%
- Break-even
- 10.4 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 43 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 43 min ago | 3.95 bp | 8.5 bp −$8 | 60.4 bp −$604 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −0.0428% | 1h | 0.06260 | −0.177% | $553 | $220K | 5.5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0387% | 1h | 0.06277 | +0.094% | $10K | $10K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0209% | 1h | 0.06274 | +0.051% | $381K | $252K | 25x | as long as short |
| BloFin PYTH-USDT | −0.0050% | 4h | 0.06279 | +0.126% | $421K | $114K | 75x | as long as short |
| Bybit PYTHUSDT | −0.0048% | 4h | 0.06271 | −0.002% | $7.4M | $5.1M | 50x | as long as short |
| Gate PYTH_USDT | −0.0042% | 4h | 0.06268 | −0.049% | $1.1M | $479K | 75x | as long as short |
| Binance PYTHUSDT | −0.0027% | 4h | 0.06268 | −0.049% | $9.0M | $17.1M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0022% | 4h | 0.06268 | −0.049% | $9.1M | $2.3M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06276 | +0.082% | $186K | $19 | 5x | as long as short |
| Aevo PYTH-PERPlong | +0.0080% | 1h | 0.06271 | long leg | $22K | — | 3x |
Injective PYTH/USDC PERP
Deribit PYTH_USDC-PERPETUAL
Kraken Futures PF_PYTHUSD
BloFin PYTH-USDT
Bybit PYTHUSDT
Gate PYTH_USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International PYTH-PERP-INTX | +0.0080% | 1h | 0.06431 | +2.550% | $40K | $6K | 25x | as long as short |
| Lighter PYTHshort | +0.0096% | 1h | 0.06278 | +0.110% | $196K | $208K | 5x | |
| Paradex PYTH-USD-PERP | +0.0099% | 8h | 0.06265 | −0.094% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06275 | +0.067% | $1.7M | $1.5M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06281 | +0.158% | $25K | $40K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06269 | −0.033% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06279 | +0.126% | $1.5M | $315K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06270 | −0.018% | $2.6M | $2.0M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06269 | −0.033% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06276 | +0.081% | $38K | $88K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06281 | +0.161% | $44K | $22K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06272 | +0.006% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06270 | −0.022% | — | — | 20x | as long as short |
Coinbase International PYTH-PERP-INTX
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP