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−$348
spread now+0.024%7d average+0.113%fees + slippage, in and out−$339spread needed3.387%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PYTHUSDT0.063480.0100pay 0.0050% / 4h1h 55m$2.6M$2.1M75x
ShortdYdX PYTH-USD0.063500get 0.0000% / 1h55m 40s$189K$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
$2.38
Funding while held
−$3
Slippage, 4 orders
−$316.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$339.31
Spread needed to break even
3.387%
Slippage from Bitget: live order book, 3 min ago; dYdX: live order book, 45 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 Bitget live order book, 3 min ago4.75 bp22.6 bp −$2346.0 bp −$460doesn't fitdoesn't fit
Sell dYdX live order book, 45 min ago96.58 bp196.5 bp −$197275.2 bp −$2,752284.0 bp −$28.4K521.5 bp −$260.7K

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
Reya PYTHRUSDPERP−0.450%+0.0302%1h20xas long as short
Aevo PYTH-PERP−0.440%+0.0104%1h$23K3xas long as short
Variational Omni PYTH−0.408%+0.0100%4h$43K$16Kas long as short
BloFin PYTH-USDT−0.394%+0.0058%4h$433K$130K75xas long as short
Backpack PYTH_USDC_PERP−0.361%+0.0100%1h$38K$93K10xas long as short
Orderly PERP_PYTH_USDC_mythos−0.356%+0.0100%4h$3K$1K10xas long as short
Kraken Futures PF_PYTHUSD−0.347%−0.0493%1h$381K$229K25xas long as short
Gate PYTH_USDT−0.221%−0.0124%4h$1.1M$520K75xas long as short
Aster PYTHUSDT−0.218%+0.0100%4h$21K$34K10xas long as short
Deribit PYTH_USDC-PERPETUAL−0.173%+0.0698%1h$10K$10K10xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid PYTH−0.106%+0.0100%1h$1.7M$1.5M5xas long as short
KuCoin PYTHUSDTM−0.063%+0.0100%4h$1.5M$371K50xas long as short
Binance PYTHUSDT−0.016%+0.0100%4h$9.2M$15.9M75xas long as short
Bitget PYTHUSDTlong0.000%+0.0100%4h$2.6M$2.1M75x
dYdX PYTH-USDshort+0.024%0.0000%1h$189K$195x
MEXC PYTH_USDT+0.032%+0.0100%4h$10.1M$2.5M125xas long as short
Bybit PYTHUSDT+0.047%+0.0100%4h$7.5M$4.9M50xas long as short
Paradex PYTH-USD-PERP+0.055%+0.0094%8h$3K$5610xas long as short
OKX PYTH-USDT-SWAP+0.079%+0.0100%4h$2.0M$3.6M50xas long as short
Lighter PYTH+0.110%+0.0096%1h$197K$202K5xas long as short
BingX PYTH-USDT+0.110%+0.0100%4h$2.9Mas long as short
Coinbase International PYTH-PERP-INTX+0.173%+0.0352%1h$39K$10K25xas long as short
Injective PYTH/USDC PERP+2.788%+0.0033%1h$577$46K5.5xas long as short