Spread before costs (cost unknown: a leg has no order-book sample)−0.433%
7d average—if it closes, per $10,000$43funding while held, a day−$25.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PYTH-PERP-INTX | 0.06404 | 0.0352 | pay 0.0044% / 1h | 34m 07s | $40K | $10K | 25x |
| Short | Kraken Futures PF_PYTHUSD | 0.06376 | −0.0489 | pay 0.0061% / 1h | 34m 07s | $385K | $228K | 25x |
Coinbase International PYTH-PERP-INTX
Kraken Futures PF_PYTHUSDPrice 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
- −$43.27
- Funding while held
- −$25.23
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$88.5
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0841%
- Per $10,000 a day
- −$25.23
- 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 65 min ago | 15.58 bp | 30.8 bp −$31 | 156.9 bp −$1,569 | doesn't fit | doesn't fit |
Coinbase International: 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.Gate0.06359cheapestBitget0.06362+0.047%OKX0.06365+0.094%Aevo0.06365+0.094%Bybit0.06366+0.110%MEXC0.06366+0.110%BingX0.06366+0.110%Binance0.06366+0.110%Reya0.06367+0.122%Aster0.06367+0.131%Paradex0.06367+0.133%Variational Omni0.06368+0.145%Hyperliquid0.06368+0.148%Orderly0.06370+0.167%BloFin0.06370+0.173%dYdX0.06372+0.207%Backpack0.06373+0.212%KuCoin0.06373+0.220%Deribit0.06374+0.236%Lighter0.06376+0.267%
Gate
Bitget
OKX
Aevo
Bybit
MEXC
BingX
Binance
Reya
Aster
Paradex
Variational Omni
Hyperliquid
Orderly
BloFin
dYdX
Backpack
KuCoin
Deribit
LighterKraken Futures0.06376+0.272%
Coinbase International0.06404+0.708%
Injective0.06525+2.610%
InjectivePYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.703% | −0.0090% | 4h | $1.1M | $525K | 75x | as long as short |
| Bitget PYTHUSDT | −0.656% | +0.0100% | 4h | $2.6M | $2.1M | 75x | as long as short |
| OKX PYTH-USDT-SWAP | −0.609% | +0.0100% | 4h | $2.0M | $3.5M | 50x | as long as short |
| Aevo PYTH-PERP | −0.609% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| Bybit PYTHUSDT | −0.593% | −0.0061% | 4h | $7.5M | $4.8M | 50x | as long as short |
| MEXC PYTH_USDT | −0.593% | +0.0100% | 4h | $9.7M | $2.6M | 125x | as long as short |
| BingX PYTH-USDT | −0.593% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Binance PYTHUSDT | −0.593% | +0.0100% | 4h | $9.2M | $15.8M | 75x | as long as short |
| Reya PYTHRUSDPERP | −0.581% | +0.0302% | 1h | — | — | 20x | as long as short |
| Aster PYTHUSDT | −0.572% | +0.0100% | 4h | $21K | $34K | 10x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | −0.571% | +0.0095% | 8h | $3K | $56 | 10x | as long as short |
| Variational Omni PYTH | −0.559% | +0.0100% | 4h | $44K | $17K | — | as long as short |
| Hyperliquid PYTH | −0.556% | +0.0100% | 1h | $1.7M | $1.4M | 5x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | −0.537% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| BloFin PYTH-USDT | −0.531% | +0.0091% | 4h | $435K | $128K | 75x | as long as short |
| dYdX PYTH-USD | −0.497% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| Backpack PYTH_USDC_PERP | −0.492% | +0.0100% | 1h | $39K | $92K | 10x | as long as short |
| KuCoin PYTHUSDTM | −0.484% | +0.0100% | 4h | $1.5M | $360K | 50x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.468% | +0.0221% | 1h | $10K | $10K | 10x | as long as short |
| Lighter PYTH | −0.437% | +0.0096% | 1h | $197K | $203K | 5x | as long as short |
| Kraken Futures PF_PYTHUSDshort | −0.433% | −0.0489% | 1h | $385K | $228K | 25x | |
| Coinbase International PYTH-PERP-INTXlong | 0.000% | +0.0352% | 1h | $40K | $10K | 25x | |
| Injective PYTH/USDC PERP | +1.889% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |