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

PYTH

all PYTH markets
SwapFunding view
Alert
My alerts

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−$139
spread now+0.093%7d average+0.042%fees + slippage, in and out−$144spread needed1.443%
Long on GateShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PYTH_USDT0.064710.0100pay 0.0050% / 4h2h 00m$1.2M$427K75x
ShortBybit PYTHUSDT0.064770.0100get 0.0050% / 4h2h 00m$7.9M$4.5M50x

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
$9.27
Funding while held
$0
Slippage, 4 orders
−$118.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$135.01
Spread needed to break even
1.443%
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 4 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 Gate live order book, 3 min ago5.42 bp40.9 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.10 bp33.5 bp −$33232.4 bp −$2,324doesn't fitdoesn't fit

PYTH price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.06080cheapest
Binance0.06469+6.398%OKX0.06469+6.398%
Gate0.06471+6.431%
KuCoin0.06471+6.431%BloFin0.06471+6.431%MEXC0.06472+6.447%Reya0.06472+6.448%Paradex0.06473+6.469%BingX0.06475+6.497%Aevo0.06475+6.503%Aster0.06476+6.507%Orderly0.06476+6.515%
Bybit0.06477+6.530%
Bitget0.06477+6.530%dYdX0.06477+6.531%Backpack0.06480+6.576%Deribit0.06480+6.579%Kraken Futures0.06481+6.594%Hyperliquid0.06481+6.604%Variational Omni0.06483+6.632%Lighter0.06486+6.678%Coinbase International0.06487+6.694%

PYTH on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PYTH/USDC PERP−6.042%+0.0033%1h$537$34K5.5xas long as short
Binance PYTHUSDT−0.031%+0.0061%4h$9.2M$14.1M75xas long as short
OKX PYTH-USDT-SWAP−0.031%+0.0100%4h$2.1M$3.3M50xas long as short
Gate PYTH_USDTlong0.000%+0.0100%4h$1.2M$427K75x
KuCoin PYTHUSDTM0.000%+0.0100%4h$1.6M$395K50xas long as short
BloFin PYTH-USDT0.000%+0.0251%4h$438K$125K75xas long as short
MEXC PYTH_USDT+0.015%+0.0062%4h$9.6M$2.7M125xas long as short
Reya PYTHRUSDPERP+0.016%+0.0302%1h——20xas long as short
Paradex PYTH-USD-PERP+0.036%+0.0098%8h$3K$5610xas long as short
BingX PYTH-USDT+0.062%+0.0100%4h—$2.9M—as long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo PYTH-PERP+0.068%+0.0096%1h$23K—3xas long as short
Aster PYTHUSDT+0.071%+0.0100%4h$22K$26K10xas long as short
Orderly PERP_PYTH_USDC_mythos+0.079%+0.0100%4h$3K$79810xas long as short
Bybit PYTHUSDTshort+0.093%+0.0100%4h$7.9M$4.5M50x
Bitget PYTHUSDT+0.093%+0.0100%4h$2.6M$1.7M75xas long as short
dYdX PYTH-USD+0.094%0.0000%1h$192K$195xas long as short
Backpack PYTH_USDC_PERP+0.136%+0.0100%1h$29K$80K10xas long as short
Deribit PYTH_USDC-PERPETUAL+0.139%0.0000%1h$10K$10K10xas long as short
Kraken Futures PF_PYTHUSD+0.153%+0.0444%1h$403K$205K25xas long as short
Hyperliquid PYTH+0.162%+0.0100%1h$1.9M$1.1M5xas long as short
Variational Omni PYTH+0.189%+0.0100%4h$42K$13K—as long as short
Lighter PYTH+0.232%+0.0096%1h$192K$158K5xas long as short
Coinbase International PYTH-PERP-INTX+0.247%−0.0136%1h$39K$8K25xas long as short