data as of
Settings8H · net · $10k
Price arb /

PYTH

all PYTH markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.031%7d average+0.013%fees + slippage, in and out−$73spread needed0.726%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PYTHUSDT0.065220.0089pay 0.0044% / 4h21m 34s$9.4M$14.9M75x
ShortBitget PYTHUSDT0.065200.0100get 0.0050% / 4h21m 34s$2.7M$1.8M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.07
Funding while held
$0.34
Slippage, 4 orders
−$50.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$75.36
Spread needed to break even
0.726%
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0011%
Per $10,000 a day
+$0.34
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.77 bp12.8 bp −$1331.7 bp −$317doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.35 bp24.2 bp −$2448.9 bp −$489doesn't fitdoesn't fit

PYTH price on every exchange

against the cheapest. Click to use as the short leg.

PYTH on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PYTH−0.208%+0.0100%4h$47K$16Kas long as short
Paradex PYTH-USD-PERP−0.196%+0.0095%8h$3K$5610xas long as short
Gate PYTH_USDT−0.107%+0.0100%4h$1.2M$452K75xas long as short
Hyperliquid PYTH−0.075%+0.0100%1h$1.8M$1.3M5xas long as short
MEXC PYTH_USDT−0.046%+0.0088%4h$9.7M$2.9M125xas long as short
Bitget PYTHUSDTshort−0.031%+0.0100%4h$2.7M$1.8M75x
BingX PYTH-USDT−0.031%+0.0100%4h$2.8Mas long as short
BloFin PYTH-USDT−0.031%+0.0325%4h$447K$125K75xas long as short
Binance PYTHUSDTlong0.000%+0.0089%4h$9.4M$14.9M75x
OKX PYTH-USDT-SWAP+0.031%+0.0100%4h$2.1M$3.4M50xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin PYTHUSDTM+0.046%+0.0100%4h$1.5M$388K50xas long as short
Injective PYTH/USDC PERP+0.046%−0.0184%1h$577$80K5.5xas long as short
Lighter PYTH+0.061%+0.0096%1h$200K$190K5xas long as short
Bybit PYTHUSDT+0.061%+0.0100%4h$8.0M$4.4M50xas long as short
dYdX PYTH-USD+0.068%0.0000%1h$194K$195xas long as short
Aster PYTHUSDT+0.169%+0.0100%4h$24K$31K10xas long as short
Backpack PYTH_USDC_PERP+0.242%+0.0121%1h$29K$79K10xas long as short
Aevo PYTH-PERP+0.279%+0.0104%1h$23K3xas long as short
Reya PYTHRUSDPERP+0.300%+0.0302%1h20xas long as short
Orderly PERP_PYTH_USDC_mythos+0.302%+0.0100%4h$3K$79810xas long as short
Kraken Futures PF_PYTHUSD+0.345%+0.0268%1h$402K$219K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.353%+0.0361%1h$11K$10K10xas long as short
Coinbase International PYTH-PERP-INTX+0.491%+0.0056%1h$41K$11K25xas long as short