Funding you earn now, next payment 04:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Deribit+0.427%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.427% dearer against Deribit than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PYTH_USDC-PERPETUAL | 0.06296 | −0.0544 | get 0.0068% / 1h | 48m 14s | $10K | $10K | 10x |
| Short | Variational Omni PYTH | 0.06323 | 0.0100 | get 0.0050% / 4h | 48m 14s | $38K | $25K | — |
Deribit PYTH_USDC-PERPETUAL
Variational Omni PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $135.14
- Price spread: +0.427% → 0.000%
- $42.72
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $170.85
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Deribit and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUALlong | −0.0544% | 1h | 0.06296 | long leg | $10K | $10K | 10x | |
| Backpack PYTH_USDC_PERP | −0.0389% | 1h | 0.06308 | +0.191% | $37K | $50K | 10x | as long as short |
| Gate PYTH_USDT | −0.0202% | 4h | 0.06295 | −0.016% | $1.0M | $504K | 75x | as long as short |
| BloFin PYTH-USDT | −0.0018% | 4h | 0.06331 | +0.556% | $351K | $84K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06314 | +0.284% | $187K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0032% | 4h | 0.06313 | +0.277% | $20K | $43K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.572% | $553 | $220K | 5.5x | as long as short |
| Binance PYTHUSDT | +0.0036% | 4h | 0.06300 | +0.064% | $9.0M | $17.9M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0038% | 4h | 0.06298 | +0.032% | $10.0M | $2.5M | 125x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06303 | +0.111% | $22K | — | 3x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
BloFin PYTH-USDT
dYdX PYTH-USD
Aster PYTHUSDT
Injective PYTH/USDC PERP
Binance PYTHUSDT
MEXC PYTH_USDT
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06305 | +0.143% | $190K | $206K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06292 | −0.066% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06310 | +0.230% | $2.0M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06303 | +0.111% | $7.5M | $4.7M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06302 | +0.095% | $2.1M | $3.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06313 | +0.270% | $1.5M | $344K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06298 | +0.032% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06301 | +0.079% | — | $2.7M | — | as long as short |
| Variational Omni PYTHshort | +0.0100% | 4h | 0.06323 | +0.427% | $38K | $25K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06302 | +0.091% | $3K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06385 | +1.414% | $40K | $18K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06300 | +0.062% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0415% | 1h | 0.06303 | +0.105% | $384K | $293K | 25x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD