data as of
Settings8H · net · $10k
Price arb /

PYTH

all PYTH markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.239%
7d averageif it closes, per $10,000$24funding while held, a day+$4.96
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PYTH-USDT0.063520.0137pay 0.0069% / 4h2h 21m$437K$140K75x
ShortReya PYTHRUSDPERP0.063670.0302get 0.0038% / 1h21m 48s20x

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
$23.95
Funding while held
$4.96
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.91
Spread needed to break even
0.180%
Slippage unknown: BloFin: live order book, 16 min ago; Reya: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0165%
Per $10,000 a day
+$4.96
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, 16 min ago1.56 bp13.6 bp −$1433.4 bp −$334doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 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
BloFin PYTH-USDTlong0.000%+0.0137%4h$437K$140K75x
Bitget PYTHUSDT+0.079%+0.0100%4h$2.6M$2.2M75xas long as short
Paradex PYTH-USD-PERP+0.123%+0.0097%8h$3K$5610xas long as short
OKX PYTH-USDT-SWAP+0.126%+0.0100%4h$2.1M$3.5M50xas long as short
Gate PYTH_USDT+0.126%−0.0030%4h$1.1M$546K75xas long as short
Aster PYTHUSDT+0.132%+0.0100%4h$21K$32K10xas long as short
BingX PYTH-USDT+0.157%+0.0100%4h$2.9Mas long as short
Binance PYTHUSDT+0.172%+0.0100%4h$9.2M$15.8M75xas long as short
MEXC PYTH_USDT+0.173%+0.0100%4h$9.3M$2.7M125xas long as short
Bybit PYTHUSDT+0.189%+0.0100%4h$7.6M$4.5M50xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid PYTH+0.208%+0.0100%1h$1.7M$1.5M5xas long as short
dYdX PYTH-USD+0.213%0.0000%1h$189K$195xas long as short
KuCoin PYTHUSDTM+0.220%+0.0100%4h$1.5M$376K50xas long as short
Aevo PYTH-PERP+0.224%+0.0104%1h$23K3xas long as short
Reya PYTHRUSDPERPshort+0.239%+0.0302%1h20x
Backpack PYTH_USDC_PERP+0.338%+0.0100%1h$37K$89K10xas long as short
Kraken Futures PF_PYTHUSD+0.357%+0.0180%1h$384K$228K25xas long as short
Orderly PERP_PYTH_USDC_mythos+0.370%+0.0100%4h$3K$1K10xas long as short
Lighter PYTH+0.394%+0.0096%1h$196K$196K5xas long as short
Deribit PYTH_USDC-PERPETUAL+0.394%+0.0692%1h$10K$10K10xas long as short
Variational Omni PYTH+0.816%+0.0100%4h$44K$16Kas long as short
Injective PYTH/USDC PERP+2.724%+0.0033%1h$577$46K5.5xas long as short
Coinbase International PYTH-PERP-INTX+4.660%+0.0304%1h$41K$10K25xas long as short