PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.022%

Price spread now: Aevo against Deribit−0.065%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.065% cheaper against Deribit than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PYTH_USDC-PERPETUAL	0.06352	0	get 0.0000% / 1h	1m 27s	$10K	$10K	10x
Short	Aevo PYTH-PERP	0.06348	0.0032	get 0.0004% / 1h	1m 27s	$23K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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 DeribitbpFee AevobpOrdersPrice spread, now −0.065%Rate

Funding earned: $6.72
Price spread: −0.065% → 0.000%: −$6.45
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$22.73
Costs to cover: 0.230%
Break-even: 30.7 days

Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Deribit and Aevo: 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	−0.0397%	1h	0.06354	+0.038%	$388K	$277K	25x	as long as short
MEXC PYTH_USDT	−0.0190%	4h	0.06350	−0.031%	$9.5M	$2.4M	125x	as long as short
Binance PYTHUSDT	−0.0186%	4h	0.06350	−0.027%	$9.1M	$17.3M	75x	as long as short
BloFin PYTH-USDT	−0.0137%	4h	0.06348	−0.063%	$422K	$115K	75x	as long as short
Aster PYTHUSDT	−0.0014%	4h	0.06357	+0.083%	$22K	$44K	10x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06360	+0.128%	$189K	$19	5x	as long as short
Deribit PYTH_USDC-PERPETUALlong	0.0000%	1h	0.06352	long leg	$10K	$10K	10x
Aevo PYTH-PERPshort	+0.0032%	1h	0.06348	−0.065%	$23K	—	3x
Injective PYTH/USDC PERP	+0.0033%	1h	0.06260	−1.448%	$553	$220K	5.5x	as long as short
Bybit PYTHUSDT	+0.0048%	4h	0.06353	+0.016%	$7.5M	$4.8M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PYTH_USDT	+0.0058%	4h	0.06352	0.000%	$1.1M	$479K	75x	as long as short
Lighter PYTH	+0.0096%	1h	0.06360	+0.126%	$202K	$218K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0100%	8h	0.06347	−0.076%	$3K	$56	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06361	+0.148%	$1.9M	$1.6M	5x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06353	+0.016%	$2.1M	$3.4M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06360	+0.126%	$1.5M	$322K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06358	+0.094%	$2.7M	$2.1M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06352	0.000%	—	$2.8M	—	as long as short
Variational Omni PYTH	+0.0100%	4h	0.06312	−0.635%	$44K	$22K	—	as long as short
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06348	−0.071%	$3K	$2K	10x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0176%	1h	0.06336	−0.252%	$38K	$13K	25x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06351	−0.010%	—	—	20x	as long as short
Backpack PYTH_USDC_PERP	+0.0522%	1h	0.06363	+0.168%	$35K	$90K	10x	as long as short