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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.8% APRpaid last 24h +0.020%
Price spread now: Deribit against Aster+0.004%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 3 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
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
LongAster PYTHUSDT0.064600.0072pay 0.0036% / 4h2m 07s$20K$45K10x
ShortDeribit PYTH_USDC-PERPETUAL0.064600get 0.0000% / 1h2m 07s$10K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$15.05
Price spread: +0.004% → 0.000%
$0.41
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$29.65
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
Aster and Deribit: 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
Gate PYTH_USDT−0.0090%4h0.06450−0.151%$1.1M$519K75xas long as short
dYdX PYTH-USD0.0000%1h0.06462+0.032%$192K$195xas long as short
Deribit PYTH_USDC-PERPETUALshort0.0000%1h0.06460+0.004%$10K$10K10x
BloFin PYTH-USDT+0.0027%4h0.06435−0.383%$433K$81K75xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−3.092%$553$220K5.5xas long as short
MEXC PYTH_USDT+0.0054%4h0.06460+0.004%$10.5M$2.7M125xas long as short
Binance PYTHUSDT+0.0056%4h0.06458−0.029%$9.3M$18.3M75xas long as short
Aster PYTHUSDTlong+0.0072%4h0.06460long leg$20K$45K10x
Lighter PYTH+0.0096%1h0.06468+0.128%$193K$210K5xas long as short
Aevo PYTH-PERP+0.0096%1h0.06460+0.004%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06448−0.188%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06465+0.086%$2.3M$1.8M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06460+0.004%$7.6M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06461+0.020%$2.1M$3.6M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06460+0.004%$1.5M$351K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06458−0.027%$2.8M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06456−0.058%$2.7Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06466+0.092%$37K$60K10xas long as short
Variational Omni PYTH+0.0100%4h0.06443−0.253%$39K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06455−0.072%$2K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0104%1h0.06493+0.515%$40K$19K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06452−0.113%20xas long as short
Kraken Futures PF_PYTHUSD+0.0405%1h0.06467+0.107%$399K$294K25xas long as short