Settings8H · net · $10k
Funding arb · Price arb /

PYTH

all PYTH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.045%
Price spread now: Aevo against Injective+0.658%59s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.658% dearer against Injective than usual: you sell high and buy low: +$66 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective PYTH/USDC PERP0.062600.0033pay 0.0004% / 1h37m 48s$553$220K5.5x
ShortAevo PYTH-PERP0.063010.0072get 0.0009% / 1h37m 48s$22K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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

Funding earned
$8.12
Price spread: +0.658% → 0.000%
$65.81
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
$57.91
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aevo no order-book sample
Injective 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack PYTH_USDC_PERP−0.0425%1h0.06302+0.679%$38K$50K10xas long as short
Gate PYTH_USDT−0.0244%4h0.06295+0.559%$1.0M$498K75xas long as short
Binance PYTHUSDT−0.0025%4h0.06300+0.639%$9.0M$17.8M75xas long as short
MEXC PYTH_USDT−0.0020%4h0.06290+0.479%$9.4M$2.3M125xas long as short
dYdX PYTH-USD0.0000%1h0.06311+0.811%$187K$195xas long as short
Aster PYTHUSDT+0.0005%4h0.06305+0.712%$20K$46K10xas long as short
BloFin PYTH-USDT+0.0017%4h0.06313+0.847%$426K$89K75xas long as short
Injective PYTH/USDC PERPlong+0.0033%1h0.06260long leg$553$220K5.5x
Aevo PYTH-PERPshort+0.0072%1h0.06301+0.658%$22K3x
Lighter PYTH+0.0096%1h0.06308+0.767%$189K$204K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06305+0.716%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06308+0.765%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06301+0.655%$7.5M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06304+0.703%$2.1M$3.3M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06310+0.799%$1.5M$342K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06298+0.607%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06298+0.607%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06318+0.923%$38K$26Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06305+0.717%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0176%1h0.06369+1.741%$39K$18K25xas long as short
Reya PYTHRUSDPERP+0.0302%1h0.06296+0.574%20xas long as short
Kraken Futures PF_PYTHUSD+0.0304%1h0.06303+0.695%$385K$291K25xas long as short
Deribit PYTH_USDC-PERPETUAL+0.0702%1h0.06307+0.751%$10K$10K10xas long as short