Spread before costs (cost unknown: a leg has no order-book sample)+0.221%
7d average—if it closes, per $10,000$22funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PYTHUSDT | 0.06595 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $24K | $30K | 10x |
| Short | Lighter PYTH | 0.06610 | 0.0096 | get 0.0012% / 1h | 34m 06s | $200K | $191K | 5x |
Aster PYTHUSDT
Lighter PYTHPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $22.13
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $14.01
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 3.78 bp | 5.2 bp −$5 | 71.8 bp −$718 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.06525cheapestParadex0.06591+1.009%Reya0.06592+1.033%KuCoin0.06595+1.073%
Injective
Paradex
Reya
KuCoinAster0.06595+1.079%
Bitget0.06599+1.134%dYdX0.06600+1.150%Gate0.06601+1.165%MEXC0.06602+1.180%BingX0.06602+1.180%Aevo0.06603+1.194%Orderly0.06604+1.209%Bybit0.06606+1.241%Hyperliquid0.06606+1.243%Kraken Futures0.06608+1.270%OKX0.06608+1.272%Backpack0.06610+1.301%
Bitget
dYdX
Gate
MEXC
BingX
Aevo
Orderly
Bybit
Hyperliquid
Kraken Futures
OKX
BackpackLighter0.06610+1.303%
BloFin0.06610+1.303%Variational Omni0.06610+1.307%Binance0.06613+1.343%Deribit0.06614+1.364%Coinbase International0.06648+1.885%
BloFin
Variational Omni
Binance
Deribit
Coinbase InternationalPYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −1.067% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Paradex PYTH-USD-PERP | −0.069% | +0.0097% | 8h | $3K | $56 | 10x | as long as short |
| Reya PYTHRUSDPERP | −0.045% | +0.0302% | 1h | — | — | 20x | as long as short |
| KuCoin PYTHUSDTM | −0.006% | +0.0100% | 4h | $1.6M | $375K | 50x | as long as short |
| Aster PYTHUSDTlong | 0.000% | +0.0100% | 4h | $24K | $30K | 10x | |
| Bitget PYTHUSDT | +0.055% | +0.0100% | 4h | $2.7M | $2.1M | 75x | as long as short |
| dYdX PYTH-USD | +0.071% | +0.0013% | 1h | $196K | $19 | 5x | as long as short |
| Gate PYTH_USDT | +0.085% | +0.0100% | 4h | $1.2M | $450K | 75x | as long as short |
| MEXC PYTH_USDT | +0.100% | +0.0100% | 4h | $9.8M | $2.8M | 125x | as long as short |
| BingX PYTH-USDT | +0.100% | +0.0100% | 4h | — | $2.9M | — | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | +0.114% | +0.0104% | 1h | $24K | — | 3x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.129% | +0.0100% | 4h | $3K | $814 | 10x | as long as short |
| Bybit PYTHUSDT | +0.161% | +0.0100% | 4h | $8.0M | $4.4M | 50x | as long as short |
| Hyperliquid PYTH | +0.162% | +0.0100% | 1h | $1.8M | $1.4M | 5x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.189% | +0.0348% | 1h | $407K | $223K | 25x | as long as short |
| OKX PYTH-USDT-SWAP | +0.191% | +0.0100% | 4h | $2.2M | $3.4M | 50x | as long as short |
| Backpack PYTH_USDC_PERP | +0.220% | +0.0282% | 1h | $37K | $85K | 10x | as long as short |
| Lighter PYTHshort | +0.221% | +0.0096% | 1h | $200K | $191K | 5x | |
| BloFin PYTH-USDT | +0.221% | +0.0137% | 4h | $445K | $142K | 75x | as long as short |
| Variational Omni PYTH | +0.225% | +0.0100% | 4h | $47K | $14K | — | as long as short |
| Binance PYTHUSDT | +0.262% | +0.0100% | 4h | $9.7M | $15.3M | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.282% | +0.0204% | 1h | $11K | $10K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.797% | +0.0176% | 1h | $41K | $10K | 25x | as long as short |