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

PYTH

all PYTH markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$258
spread now+0.046%7d average+0.023%fees + slippage, in and out−$260spread needed2.598%
Long on BybitShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PYTHUSDT0.065710.0100pay 0.0050% / 4h6m 52s$8.0M$4.4M50x
ShortKuCoin PYTHUSDTM0.065740.0100get 0.0050% / 4h6m 52s$1.6M$383K50x

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
$4.57
Funding while held
$0
Slippage, 4 orders
−$236.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$255.27
Spread needed to break even
2.598%
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Bybit live order book, 3 min ago3.80 bp32.2 bp −$32222.1 bp −$2,221doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago9.09 bp98.1 bp −$98586.6 bp −$5,866doesn't fitdoesn't fit

PYTH price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.06525cheapestDeribit0.06565+0.613%OKX0.06568+0.659%Aevo0.06569+0.673%Gate0.06569+0.674%Reya0.06570+0.689%
Bybit0.06571+0.705%
Paradex0.06572+0.715%Binance0.06573+0.736%MEXC0.06573+0.736%Bitget0.06573+0.736%BingX0.06573+0.736%Orderly0.06573+0.739%
KuCoin0.06574+0.751%
Backpack0.06574+0.752%Hyperliquid0.06575+0.772%Kraken Futures0.06578+0.811%Lighter0.06578+0.812%BloFin0.06580+0.843%dYdX0.06586+0.932%Variational Omni0.06595+1.076%Coinbase International0.06609+1.287%Aster0.06633+1.663%

PYTH on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PYTH/USDC PERP−0.700%−0.0184%1h$577$80K5.5xas long as short
Deribit PYTH_USDC-PERPETUAL−0.091%−0.0663%1h$11K$10K10xas long as short
OKX PYTH-USDT-SWAP−0.046%+0.0100%4h$2.1M$3.4M50xas long as short
Aevo PYTH-PERP−0.032%+0.0104%1h$23K—3xas long as short
Gate PYTH_USDT−0.030%+0.0100%4h$1.2M$455K75xas long as short
Reya PYTHRUSDPERP−0.016%+0.0302%1h——20xas long as short
Bybit PYTHUSDTlong0.000%+0.0100%4h$8.0M$4.4M50x
Paradex PYTH-USD-PERP+0.010%+0.0096%8h$3K$5610xas long as short
Binance PYTHUSDT+0.030%+0.0100%4h$9.6M$15.2M75xas long as short
MEXC PYTH_USDT+0.030%+0.0100%4h$9.8M$2.9M125xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget PYTHUSDT+0.030%+0.0100%4h$2.8M$2.0M75xas long as short
BingX PYTH-USDT+0.030%+0.0100%4h—$2.8M—as long as short
Orderly PERP_PYTH_USDC_mythos+0.033%+0.0100%4h$3K$79810xas long as short
KuCoin PYTHUSDTMshort+0.046%+0.0100%4h$1.6M$383K50x
Backpack PYTH_USDC_PERP+0.047%+0.0101%1h$29K$80K10xas long as short
Hyperliquid PYTH+0.067%+0.0100%1h$1.8M$1.4M5xas long as short
Kraken Futures PF_PYTHUSD+0.105%+0.0267%1h$404K$219K25xas long as short
Lighter PYTH+0.107%+0.0096%1h$200K$192K5xas long as short
BloFin PYTH-USDT+0.137%+0.0131%4h$453K$136K75xas long as short
dYdX PYTH-USD+0.225%0.0000%1h$196K$195xas long as short
Variational Omni PYTH+0.368%+0.0100%4h$47K$16K—as long as short
Coinbase International PYTH-PERP-INTX+0.578%+0.0056%1h$41K$11K25xas long as short
Aster PYTHUSDT+0.951%+0.0100%4h$24K$31K10xas long as short