After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.126%7d average+0.132%fees + slippage, in and out−$58spread needed0.575%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PYTHUSDT | 0.06417 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $9.3M | $15.8M | 75x |
| Short | Lighter PYTH | 0.06425 | 0.0096 | get 0.0012% / 1h | 36m 16s | $196K | $194K | 5x |
Price 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
- $12.63
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$47.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$44.99
- Spread needed to break even
- 0.575%
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 59 min ago.
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 Binance live order book, 6 min ago | 1.56 bp | 15.0 bp −$15 | 45.8 bp −$458 | 475.5 bp −$47.5K | doesn't fit |
| Sell Lighter live order book, 59 min ago | 3.78 bp | 5.2 bp −$5 | 71.8 bp −$718 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.217% | +0.0072% | 4h | $1.1M | $458K | 75x | as long as short |
| Aster PYTHUSDT | −0.215% | +0.0100% | 4h | $21K | $33K | 10x | as long as short |
| Reya PYTHRUSDPERP | −0.199% | +0.0302% | 1h | — | — | 20x | as long as short |
| Paradex PYTH-USD-PERP | −0.192% | +0.0097% | 8h | $3K | $56 | 10x | as long as short |
| BingX PYTH-USDT | −0.185% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Hyperliquid PYTH | −0.137% | +0.0100% | 1h | $1.7M | $1.5M | 5x | as long as short |
| KuCoin PYTHUSDTM | −0.107% | +0.0100% | 4h | $1.5M | $374K | 50x | as long as short |
| BloFin PYTH-USDT | −0.107% | +0.0128% | 4h | $442K | $142K | 75x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | −0.095% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Aevo PYTH-PERP | −0.086% | +0.0104% | 1h | $23K | — | 3x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.083% | +0.0141% | 1h | $36K | $86K | 10x | as long as short |
| Variational Omni PYTH | −0.071% | +0.0100% | 4h | $46K | $15K | — | as long as short |
| Bybit PYTHUSDT | −0.014% | +0.0100% | 4h | $7.8M | $4.4M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | −0.014% | +0.0100% | 4h | $2.1M | $3.5M | 50x | as long as short |
| MEXC PYTH_USDT | −0.014% | +0.0100% | 4h | $9.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDTlong | 0.000% | +0.0100% | 4h | $9.3M | $15.8M | 75x | |
| Bitget PYTHUSDT | +0.017% | +0.0100% | 4h | $2.6M | $2.2M | 75x | as long as short |
| dYdX PYTH-USD | +0.054% | 0.0000% | 1h | $191K | $19 | 5x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.112% | +0.0178% | 1h | $387K | $228K | 25x | as long as short |
| Lighter PYTHshort | +0.126% | +0.0096% | 1h | $196K | $194K | 5x | |
| Deribit PYTH_USDC-PERPETUAL | +0.157% | +0.0684% | 1h | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +1.685% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +3.602% | +0.0304% | 1h | $41K | $10K | 25x | as long as short |
Binance PYTHUSDT
Lighter PYTH
Gate
Aster
Paradex
BingX
Hyperliquid
KuCoin
BloFin
Backpack
Variational Omni
Bybit
OKX
MEXC
Bitget
Kraken Futures
Deribit
Injective
Coinbase International