After costs, if the gap returns to its 7d average, $10k−$70
spread now+0.342%7d average+0.198%fees + slippage, in and out−$84spread needed0.840%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06357 | 0.0114 | pay 0.0057% / 4h | 2h 19m | $438K | $140K | 75x |
| Short | Kraken Futures PF_PYTHUSD | 0.06379 | 0.0180 | get 0.0022% / 1h | 19m 35s | $385K | $228K | 25x |
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
- $34.16
- Funding while held
- $1.97
- Slippage, 4 orders
- −$62.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.89
- Spread needed to break even
- 0.840%
Slippage from BloFin: live order book, 18 min ago; Kraken Futures: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.97
- 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 BloFin live order book, 18 min ago | 1.56 bp | 13.6 bp −$14 | 33.4 bp −$334 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 20 min ago | 15.58 bp | 30.8 bp −$31 | 156.9 bp −$1,569 | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDTlong | 0.000% | +0.0114% | 4h | $438K | $140K | 75x | |
| Gate PYTH_USDT | +0.016% | −0.0042% | 4h | $1.1M | $546K | 75x | as long as short |
| Variational Omni PYTH | +0.087% | +0.0100% | 4h | $44K | $16K | — | as long as short |
| Bybit PYTHUSDT | +0.126% | +0.0100% | 4h | $7.6M | $4.5M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.126% | +0.0100% | 4h | $2.1M | $3.5M | 50x | as long as short |
| BingX PYTH-USDT | +0.126% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Paradex PYTH-USD-PERP | +0.136% | +0.0097% | 8h | $3K | $56 | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.141% | +0.0302% | 1h | — | — | 20x | as long as short |
| KuCoin PYTHUSDTM | +0.157% | +0.0100% | 4h | $1.5M | $373K | 50x | as long as short |
| MEXC PYTH_USDT | +0.173% | +0.0100% | 4h | $9.3M | $2.7M | 125x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PYTHUSDT | +0.173% | +0.0100% | 4h | $2.6M | $2.2M | 75x | as long as short |
| Aster PYTHUSDT | +0.190% | +0.0100% | 4h | $21K | $32K | 10x | as long as short |
| Hyperliquid PYTH | +0.209% | +0.0100% | 1h | $1.7M | $1.5M | 5x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.217% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Binance PYTHUSDT | +0.220% | +0.0100% | 4h | $9.2M | $15.8M | 75x | as long as short |
| Lighter PYTH | +0.267% | +0.0096% | 1h | $196K | $196K | 5x | as long as short |
| Aevo PYTH-PERP | +0.283% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| dYdX PYTH-USD | +0.307% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| Kraken Futures PF_PYTHUSDshort | +0.342% | +0.0180% | 1h | $385K | $228K | 25x | |
| Backpack PYTH_USDC_PERP | +0.356% | +0.0100% | 1h | $37K | $89K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.440% | +0.0377% | 1h | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +2.643% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +4.578% | +0.0304% | 1h | $41K | $10K | 25x | as long as short |
BloFin PYTH-USDT
Kraken Futures PF_PYTHUSD
Gate
Variational Omni
Bybit
OKX
BingX
Paradex
KuCoin
MEXC
Bitget
Aster
Hyperliquid
Binance
Lighter
Backpack
Deribit
Injective
Coinbase International