PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h −0.001%

Price spread now: Variational Omni against BloFin−0.171%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.171% cheaper against BloFin than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 2.4 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PYTH-USDT	0.06358	−0.0136	get 0.0068% / 4h	51m 09s	$420K	$116K	75x
Short	Variational Omni PYTH	0.06347	0.0100	get 0.0050% / 4h	51m 09s	$44K	$22K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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 BloFinbpFee Variational OmnibpOrdersPrice spread, now −0.171%Rate

Funding earned: $49.54
Price spread: −0.171% → 0.000%: −$17.08
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $20.46
Costs to cover: 0.120%
Break-even: 4.1 days

Slippage unknown: BloFin: live order book, 24 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 BloFin live order book, 24 min ago	0.80 bp	8.5 bp −$9	18.6 bp −$186	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	−0.0396%	1h	0.06365	+0.114%	$379K	$264K	25x	as long as short
BloFin PYTH-USDTlong	−0.0136%	4h	0.06358	long leg	$420K	$116K	75x
Binance PYTHUSDT	−0.0078%	4h	0.06356	−0.031%	$9.1M	$17.2M	75x	as long as short
MEXC PYTH_USDT	−0.0078%	4h	0.06357	−0.016%	$9.6M	$2.3M	125x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06362	+0.066%	$189K	$19	5x	as long as short
Deribit PYTH_USDC-PERPETUAL	0.0000%	1h	0.06370	+0.189%	$10K	$10K	10x	as long as short
Gate PYTH_USDT	+0.0010%	4h	0.06358	0.000%	$1.1M	$474K	75x	as long as short
Bybit PYTHUSDT	+0.0023%	4h	0.06359	+0.016%	$7.5M	$4.8M	50x	as long as short
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.541%	$553	$220K	5.5x	as long as short
Aevo PYTH-PERP	+0.0064%	1h	0.06362	+0.058%	$23K	—	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PYTHUSDT	+0.0077%	4h	0.06362	+0.058%	$22K	$44K	10x	as long as short
Lighter PYTH	+0.0096%	1h	0.06369	+0.173%	$201K	$217K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0099%	8h	0.06358	+0.001%	$3K	$56	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06360	+0.039%	$1.7M	$1.5M	5x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06359	+0.016%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06368	+0.157%	$1.5M	$316K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06358	0.000%	$2.6M	$2.0M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06360	+0.031%	—	$2.8M	—	as long as short
Variational Omni PYTHshort	+0.0100%	4h	0.06347	−0.171%	$44K	$22K	—
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06364	+0.091%	$3K	$1K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0176%	1h	0.06328	−0.472%	$39K	$6K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06360	+0.026%	—	—	20x	as long as short
Backpack PYTH_USDC_PERP	+0.0603%	1h	0.06364	+0.093%	$36K	$89K	10x	as long as short