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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Aster−0.086%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.086% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PYTHUSDT0.063490.0100pay 0.0050% / 4h2h 46m$20K$26K10x
ShortBingX PYTH-USDT0.063440.0100get 0.0050% / 4h2h 46m$2.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.086% → 0.000%
−$8.56
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.56
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago3.15 bp17.3 bp −$1744.4 bp −$444225.1 bp −$22.5K435.4 bp −$217.7K
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+0.009%$561$180K5.5xas long as short
Kraken Futures PF_PYTHUSD−0.0216%1h0.06349+0.001%$384K$240K25xas long as short
Gate PYTH_USDT−0.0100%4h0.06338−0.180%$1.1M$464K75xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0065%1h0.06350+0.009%$10K$10K10xas long as short
BloFin PYTH-USDT−0.0048%4h0.06346−0.054%$427K$121K75xas long as short
Binance PYTHUSDT−0.0012%4h0.06342−0.123%$9.2M$15.9M75xas long as short
MEXC PYTH_USDT−0.0008%4h0.06343−0.101%$9.4M$2.4M125xas long as short
dYdX PYTH-USD0.0000%1h0.06356+0.103%$189K$195xas long as short
Coinbase International PYTH-PERP-INTX+0.0048%1h0.06431+1.285%$40K$6K25xas long as short
Bybit PYTHUSDT+0.0066%4h0.06346−0.054%$7.5M$5.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo PYTH-PERP+0.0080%1h0.06341−0.131%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06353+0.056%$197K$203K5xas long as short
Paradex PYTH-USD-PERP+0.0098%8h0.06340−0.143%$3K$5610xas long as short
Hyperliquid PYTH+0.0100%1h0.06345−0.064%$1.7M$1.4M5xas long as short
Aster PYTHUSDTlong+0.0100%4h0.06349long leg$20K$26K10x
OKX PYTH-USDT-SWAP+0.0100%4h0.06341−0.133%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06349−0.007%$1.5M$313K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06347−0.038%$2.6M$1.9M75xas long as short
BingX PYTH-USDTshort+0.0100%4h0.06344−0.086%$2.8M
Variational Omni PYTH+0.0100%4h0.06350+0.002%$44K$23Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06346−0.046%$3K$1K10xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06345−0.068%20xas long as short
Backpack PYTH_USDC_PERP+0.0449%1h0.06351+0.025%$38K$88K10xas long as short