PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.010%

Price spread now: Variational Omni against Binance−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PYTHUSDT	0.06314	−0.0188	get 0.0094% / 4h	6m 15s	$9.0M	$17.2M	75x
Short	Variational Omni PYTH	0.06312	0.0100	get 0.0050% / 4h	6m 15s	$44K	$22K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.037%Rate

Funding earned: $60.38
Price spread: −0.037% → 0.000%: −$3.73
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $46.65
Costs to cover: 0.100%
Break-even: 1.6 days

Slippage unknown: Binance: live order book, 5 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 5 min ago	1.58 bp	15.1 bp −$15	38.2 bp −$382	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PYTHUSD	−0.0399%	1h	0.06318	+0.059%	$376K	$264K	25x	as long as short
MEXC PYTH_USDT	−0.0190%	4h	0.06310	−0.063%	$9.4M	$2.4M	125x	as long as short
Binance PYTHUSDTlong	−0.0188%	4h	0.06314	long leg	$9.0M	$17.2M	75x
BloFin PYTH-USDT	−0.0165%	4h	0.06324	+0.158%	$420K	$114K	75x	as long as short
Deribit PYTH_USDC-PERPETUAL	−0.0066%	1h	0.06319	+0.079%	$10K	$10K	10x	as long as short
Aster PYTHUSDT	−0.0018%	4h	0.06322	+0.128%	$22K	$44K	10x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06331	+0.271%	$188K	$19	5x	as long as short
Aevo PYTH-PERP	+0.0032%	1h	0.06315	+0.016%	$23K	—	3x	as long as short
Bybit PYTHUSDT	+0.0033%	4h	0.06316	+0.032%	$7.5M	$4.8M	50x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−0.855%	$553	$220K	5.5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PYTH_USDT	+0.0048%	4h	0.06318	+0.063%	$1.1M	$477K	75x	as long as short
Lighter PYTH	+0.0096%	1h	0.06324	+0.158%	$200K	$217K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0099%	8h	0.06309	−0.083%	$3K	$56	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06323	+0.141%	$1.7M	$1.5M	5x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06314	0.000%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06324	+0.158%	$1.5M	$314K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06321	+0.111%	$2.6M	$2.0M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06315	+0.016%	—	$2.8M	—	as long as short
Variational Omni PYTHshort	+0.0100%	4h	0.06312	−0.037%	$44K	$22K	—
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06314	−0.005%	$3K	$1K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0176%	1h	0.06324	+0.158%	$39K	$6K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06310	−0.065%	—	—	20x	as long as short
Backpack PYTH_USDC_PERP	+0.0513%	1h	0.06323	+0.139%	$36K	$89K	10x	as long as short