data as of
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Price arb /

PYTH

all PYTH markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$114
spread now+0.225%7d average+0.126%fees + slippage, in and out−$124spread needed1.242%
Long on BinanceShort on dYdX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PYTHUSDT0.065960.0100pay 0.0050% / 4h12m 21s$9.5M$15.2M75x
ShortdYdX PYTH-USD0.066110get 0.0000% / 1h12m 21s$196K$195x

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
$22.54
Funding while held
−$3
Slippage, 4 orders
−$104.18
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$104.64
Spread needed to break even
1.242%
Slippage from Binance: live order book, 15 min ago; dYdX: live order book, 38 min ago.

Cost of waiting

funding view
Funding /8h
−0.0100%
Per $10,000 a day
−$3.00
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, 15 min ago0.77 bp12.8 bp −$1331.7 bp −$317doesn't fitdoesn't fit
Sell dYdX live order book, 38 min ago43.24 bp48.2 bp −$48131.2 bp −$1,312169.2 bp −$16.9K542.4 bp −$271.2K

PYTH price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.06525cheapestVariational Omni0.06575+0.773%OKX0.06585+0.920%Reya0.06587+0.954%MEXC0.06588+0.966%BloFin0.06592+1.027%Bybit0.06593+1.042%Hyperliquid0.06594+1.062%Bitget0.06595+1.073%
Binance0.06596+1.089%
BingX0.06598+1.119%Gate0.06599+1.134%KuCoin0.06599+1.134%Paradex0.06601+1.161%Aevo0.06606+1.237%Orderly0.06607+1.255%Backpack0.06608+1.269%Coinbase International0.06609+1.287%Lighter0.06610+1.303%
dYdX0.06611+1.317%
Kraken Futures0.06612+1.339%Deribit0.06614+1.364%Aster0.06665+2.143%

PYTH on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PYTH/USDC PERP−1.077%−0.0184%1h$577$80K5.5xas long as short
Variational Omni PYTH−0.313%+0.0100%4h$47K$16K—as long as short
OKX PYTH-USDT-SWAP−0.168%+0.0100%4h$2.1M$3.4M50xas long as short
Reya PYTHRUSDPERP−0.134%+0.0302%1h——20xas long as short
MEXC PYTH_USDT−0.122%+0.0100%4h$9.8M$2.9M125xas long as short
BloFin PYTH-USDT−0.062%+0.0340%4h$450K$136K75xas long as short
Bybit PYTHUSDT−0.047%+0.0100%4h$8.0M$4.5M50xas long as short
Hyperliquid PYTH−0.027%+0.0100%1h$1.8M$1.4M5xas long as short
Bitget PYTHUSDT−0.016%+0.0100%4h$2.9M$1.9M75xas long as short
Binance PYTHUSDTlong0.000%+0.0100%4h$9.5M$15.2M75x
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PYTH-USDT+0.029%+0.0100%4h—$2.8M—as long as short
Gate PYTH_USDT+0.044%+0.0100%4h$1.2M$455K75xas long as short
KuCoin PYTHUSDTM+0.044%+0.0100%4h$1.6M$385K50xas long as short
Paradex PYTH-USD-PERP+0.071%+0.0096%8h$3K$5610xas long as short
Aevo PYTH-PERP+0.146%+0.0104%1h$24K—3xas long as short
Orderly PERP_PYTH_USDC_mythos+0.164%+0.0100%4h$3K$79810xas long as short
Backpack PYTH_USDC_PERP+0.178%+0.0147%1h$29K$80K10xas long as short
Coinbase International PYTH-PERP-INTX+0.196%+0.0056%1h$41K$11K25xas long as short
Lighter PYTH+0.211%+0.0096%1h$201K$192K5xas long as short
dYdX PYTH-USDshort+0.225%0.0000%1h$196K$195x
Kraken Futures PF_PYTHUSD+0.247%+0.0266%1h$406K$220K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.272%+0.0204%1h$11K$10K10xas long as short
Aster PYTHUSDT+1.042%+0.0100%4h$24K$31K10xas long as short