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−$97
spread now−0.227%7d average+0.053%fees + slippage, in and out−$69spread needed0.687%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PYTH-USDT0.066070.0091pay 0.0046% / 4h3h 27m$451K$142K75x
ShortBingX PYTH-USDT0.065920.0100get 0.0050% / 4h3h 27m$2.9M

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
−$22.7
Funding while held
$0.26
Slippage, 4 orders
−$46.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$91.13
Spread needed to break even
0.687%
Slippage from BloFin: live order book, 15 min ago; BingX: live order book, 14 min ago.

Cost of waiting

funding view
Funding /8h
+0.0009%
Per $10,000 a day
+$0.26
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 BloFin live order book, 15 min ago3.79 bp15.7 bp −$1627.9 bp −$279doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago3.78 bp18.1 bp −$1842.3 bp −$423237.6 bp −$23.8K481.2 bp −$240.6K

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
Injective PYTH/USDC PERP−1.241%+0.0033%1h$577$46K5.5xas long as short
OKX PYTH-USDT-SWAP−0.288%+0.0100%4h$2.2M$3.4M50xas long as short
Paradex PYTH-USD-PERP−0.287%+0.0097%8h$3K$5610xas long as short
Bybit PYTHUSDT−0.257%+0.0100%4h$8.0M$4.4M50xas long as short
MEXC PYTH_USDT−0.257%+0.0100%4h$9.7M$2.8M125xas long as short
Binance PYTHUSDT−0.246%+0.0100%4h$9.6M$15.4M75xas long as short
Hyperliquid PYTH−0.227%+0.0100%1h$1.8M$1.4M5xas long as short
BingX PYTH-USDTshort−0.227%+0.0100%4h$2.9M
KuCoin PYTHUSDTM−0.212%+0.0100%4h$1.5M$377K50xas long as short
Bitget PYTHUSDT−0.166%+0.0100%4h$2.7M$2.1M75xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter PYTH−0.136%+0.0096%1h$200K$192K5xas long as short
Aster PYTHUSDT−0.113%+0.0100%4h$24K$30K10xas long as short
Gate PYTH_USDT−0.106%−0.0018%4h$1.2M$450K75xas long as short
Reya PYTHRUSDPERP−0.051%+0.0302%1h20xas long as short
dYdX PYTH-USD−0.044%+0.0010%1h$196K$195xas long as short
Aevo PYTH-PERP−0.030%+0.0104%1h$24K3xas long as short
Orderly PERP_PYTH_USDC_mythos−0.023%+0.0100%4h$3K$81410xas long as short
Backpack PYTH_USDC_PERP−0.014%+0.0291%1h$37K$85K10xas long as short
BloFin PYTH-USDTlong0.000%+0.0091%4h$451K$142K75x
Variational Omni PYTH+0.058%+0.0100%4h$47K$14Kas long as short
Kraken Futures PF_PYTHUSD+0.073%+0.0347%1h$407K$223K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.136%+0.0506%1h$11K$10K10xas long as short
Coinbase International PYTH-PERP-INTX+0.621%+0.0176%1h$41K$10K25xas long as short