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 00:00 UTC−0.0110%/8h= −12.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Aster−0.177%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.177% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.063610.0100pay 0.0050% / 4h2h 48m$20K$26K10x
ShortBinance PYTHUSDT0.06350−0.0010pay 0.0005% / 4h2h 48m$9.2M$15.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$23.09
Price spread: −0.177% → 0.000%
−$17.75
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$58.84
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 8 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 Aster no order-book sample
Sell Binance live order book, 8 min ago1.57 bp15.9 bp −$1631.6 bp −$316195.4 bp −$19.5Kdoesn't fit
Aster: 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
Injective PYTH/USDC PERP−0.0586%1h0.06350−0.177%$561$180K5.5xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0222%1h0.06360−0.020%$10K$10K10xas long as short
Kraken Futures PF_PYTHUSD−0.0215%1h0.06358−0.046%$385K$240K25xas long as short
Gate PYTH_USDT−0.0088%4h0.06350−0.177%$1.1M$463K75xas long as short
BloFin PYTH-USDT−0.0068%4h0.06349−0.193%$420K$122K75xas long as short
MEXC PYTH_USDT−0.0012%4h0.06349−0.193%$9.4M$2.4M125xas long as short
Binance PYTHUSDTshort−0.0010%4h0.06350−0.177%$9.2M$15.9M75x
dYdX PYTH-USD0.0000%1h0.06362+0.011%$189K$195xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.096%$40K$9K25xas long as short
Aevo PYTH-PERP+0.0080%1h0.06357−0.066%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PYTH+0.0096%1h0.06362+0.011%$197K$203K5xas long as short
Paradex PYTH-USD-PERP+0.0098%8h0.06352−0.148%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06356−0.080%$1.7M$1.4M5xas long as short
Aster PYTHUSDTlong+0.0100%4h0.06361long leg$20K$26K10x
Bybit PYTHUSDT+0.0100%4h0.06350−0.177%$7.5M$5.0M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06351−0.162%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06358−0.052%$1.5M$314K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06353−0.130%$2.6M$1.9M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06354−0.115%$2.8Mas long as short
Variational Omni PYTH+0.0100%4h0.06350−0.185%$44K$23Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06357−0.069%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06349−0.190%20xas long as short
Backpack PYTH_USDC_PERP+0.0481%1h0.06360−0.014%$38K$88K10xas long as short