Spread before costs (cost unknown: a leg has no order-book sample)−0.408%
7d average—if it closes, per $10,000$41funding while held, a day+$18.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PYTH/USDC PERP | 0.06376 | −0.0507 | get 0.0063% / 1h | 56m 09s | $564 | $94K | 5.5x |
| Short | OKX PYTH-USDT-SWAP | 0.06350 | 0.0100 | get 0.0050% / 4h | 56m 09s | $2.0M | $3.5M | 50x |
Injective PYTH/USDC PERP
OKX PYTH-USDT-SWAPPrice 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
- −$40.78
- Funding while held
- $18.2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.6
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0607%
- Per $10,000 a day
- +$18.20
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 3 min ago | 1.57 bp | 16.9 bp −$17 | 116.2 bp −$1,162 | doesn't fit | doesn't fit |
Injective: 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.Gate0.06348cheapest
GateOKX0.06350+0.032%
Reya0.06351+0.050%Aevo0.06351+0.054%Binance0.06352+0.063%MEXC0.06353+0.079%BingX0.06353+0.079%Bybit0.06354+0.095%Paradex0.06356+0.122%Bitget0.06356+0.126%Hyperliquid0.06357+0.147%Orderly0.06359+0.167%Deribit0.06360+0.189%Backpack0.06361+0.198%Aster0.06361+0.199%KuCoin0.06361+0.205%Kraken Futures0.06362+0.216%Lighter0.06364+0.252%BloFin0.06369+0.331%
Reya
Aevo
Binance
MEXC
BingX
Bybit
Paradex
Bitget
Hyperliquid
Orderly
Deribit
Backpack
Aster
KuCoin
Kraken Futures
Lighter
BloFinInjective0.06376+0.441%
dYdX0.06376+0.443%Variational Omni0.06384+0.562%Coinbase International0.06399+0.803%
dYdX
Variational Omni
Coinbase InternationalPYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.439% | −0.0168% | 4h | $1.1M | $518K | 75x | as long as short |
| OKX PYTH-USDT-SWAPshort | −0.408% | +0.0100% | 4h | $2.0M | $3.5M | 50x | |
| Reya PYTHRUSDPERP | −0.390% | +0.0302% | 1h | — | — | 20x | as long as short |
| Aevo PYTH-PERP | −0.386% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| Binance PYTHUSDT | −0.376% | +0.0100% | 4h | $9.1M | $15.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.361% | +0.0100% | 4h | $9.7M | $2.5M | 125x | as long as short |
| BingX PYTH-USDT | −0.361% | +0.0100% | 4h | — | $2.8M | — | as long as short |
| Bybit PYTHUSDT | −0.345% | −0.0207% | 4h | $7.5M | $4.8M | 50x | as long as short |
| Paradex PYTH-USD-PERP | −0.318% | +0.0091% | 8h | $3K | $56 | 10x | as long as short |
| Bitget PYTHUSDT | −0.314% | +0.0100% | 4h | $2.6M | $2.0M | 75x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | −0.293% | +0.0100% | 1h | $1.7M | $1.4M | 5x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | −0.273% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.251% | 0.0000% | 1h | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | −0.242% | +0.0100% | 1h | $38K | $90K | 10x | as long as short |
| Aster PYTHUSDT | −0.241% | +0.0100% | 4h | $21K | $34K | 10x | as long as short |
| KuCoin PYTHUSDTM | −0.235% | +0.0100% | 4h | $1.5M | $346K | 50x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.224% | −0.0249% | 1h | $384K | $228K | 25x | as long as short |
| Lighter PYTH | −0.188% | +0.0096% | 1h | $197K | $201K | 5x | as long as short |
| BloFin PYTH-USDT | −0.110% | +0.0067% | 4h | $432K | $128K | 75x | as long as short |
| Injective PYTH/USDC PERPlong | 0.000% | −0.0507% | 1h | $564 | $94K | 5.5x | |
| dYdX PYTH-USD | +0.002% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| Variational Omni PYTH | +0.120% | +0.0100% | 4h | $44K | $17K | — | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.361% | +0.0232% | 1h | $39K | $9K | 25x | as long as short |