Spread before costs (cost unknown: a leg has no order-book sample)−0.057%
7d average—if it closes, per $10,000$6funding while held, a day−$2.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PYTHUSD | 0.06365 | 0.0180 | pay 0.0023% / 1h | 23m 43s | $384K | $228K | 25x |
| Short | Orderly PERP_PYTH_USDC_mythos | 0.06362 | 0.0100 | get 0.0050% / 4h | 2h 23m | $3K | $1K | 10x |
Kraken Futures PF_PYTHUSD
Orderly PERP_PYTH_USDC_mythosPrice 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
- −$5.74
- Funding while held
- −$2.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.14
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 16 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0080%
- Per $10,000 a day
- −$2.40
- 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 Kraken Futures live order book, 16 min ago | 15.58 bp | 20.6 bp −$21 | 560.4 bp −$5,604 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.OKX0.06343cheapestReya0.06345+0.026%Bybit0.06346+0.047%Gate0.06348+0.079%Binance0.06351+0.131%Bitget0.06352+0.142%BingX0.06355+0.189%MEXC0.06358+0.236%Paradex0.06358+0.239%dYdX0.06358+0.239%Aevo0.06359+0.248%Hyperliquid0.06359+0.252%Lighter0.06359+0.252%KuCoin0.06360+0.268%
OKX
Reya
Bybit
Gate
Binance
Bitget
BingX
MEXC
Paradex
dYdX
Aevo
Hyperliquid
Lighter
KuCoinOrderly0.06362+0.292%
Aster0.06362+0.303%Backpack0.06363+0.312%
Aster
BackpackKraken Futures0.06365+0.349%
Deribit0.06369+0.410%BloFin0.06379+0.568%Variational Omni0.06404+0.959%Injective0.06525+2.869%Coinbase International0.06648+4.808%
Deribit
BloFin
Variational Omni
Injective
Coinbase InternationalPYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | −0.348% | +0.0100% | 4h | $2.0M | $3.5M | 50x | as long as short |
| Reya PYTHRUSDPERP | −0.322% | +0.0302% | 1h | — | — | 20x | as long as short |
| Bybit PYTHUSDT | −0.301% | +0.0100% | 4h | $7.6M | $4.5M | 50x | as long as short |
| Gate PYTH_USDT | −0.269% | −0.0034% | 4h | $1.1M | $544K | 75x | as long as short |
| Binance PYTHUSDT | −0.217% | +0.0100% | 4h | $9.2M | $15.8M | 75x | as long as short |
| Bitget PYTHUSDT | −0.207% | +0.0100% | 4h | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | −0.159% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| MEXC PYTH_USDT | −0.112% | +0.0100% | 4h | $9.3M | $2.7M | 125x | as long as short |
| Paradex PYTH-USD-PERP | −0.110% | +0.0097% | 8h | $3K | $56 | 10x | as long as short |
| dYdX PYTH-USD | −0.109% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PYTH-PERP | −0.101% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| Hyperliquid PYTH | −0.097% | +0.0100% | 1h | $1.7M | $1.5M | 5x | as long as short |
| Lighter PYTH | −0.097% | +0.0096% | 1h | $195K | $196K | 5x | as long as short |
| KuCoin PYTHUSDTM | −0.081% | +0.0100% | 4h | $1.5M | $375K | 50x | as long as short |
| Orderly PERP_PYTH_USDC_mythosshort | −0.057% | +0.0100% | 4h | $3K | $1K | 10x | |
| Aster PYTHUSDT | −0.046% | +0.0100% | 4h | $21K | $33K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | −0.037% | +0.0100% | 1h | $37K | $89K | 10x | as long as short |
| Kraken Futures PF_PYTHUSDlong | 0.000% | +0.0180% | 1h | $384K | $228K | 25x | |
| Deribit PYTH_USDC-PERPETUAL | +0.060% | +0.1008% | 1h | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.218% | +0.0052% | 4h | $439K | $140K | 75x | as long as short |
| Variational Omni PYTH | +0.608% | +0.0100% | 4h | $44K | $16K | — | as long as short |
| Injective PYTH/USDC PERP | +2.511% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +4.444% | +0.0304% | 1h | $41K | $10K | 25x | as long as short |