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 11:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h
Price spread now: Reya against KuCoin−0.014%49s7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PYTHUSDTM0.062100.0100pay 0.0050% / 4h1h 05m$1.5M$255K50x
ShortReya PYTHRUSDPERP0.062090.0302get 0.0038% / 1h5m 39s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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
$42.51
Price spread: −0.014% → 0.000%
−$1.44
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$23.07
Costs to cover
0.180%
Break-even
3.2 days
Slippage unknown: KuCoin: live order book, 3 min ago; Reya: 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 KuCoin live order book, 3 min ago6.44 bp356.4 bp −$356839.0 bp −$8,390doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.062100.000%$10K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260+0.805%$553$220K5.5xas long as short
dYdX PYTH-USD+0.0070%1h0.06210+0.002%$184K$35xas long as short
BloFin PYTH-USDT+0.0081%4h0.06209−0.016%$425K$75K75xas long as short
Lighter PYTH+0.0096%1h0.06215+0.081%$189K$192K5xas long as short
Paradex PYTH-USD-PERP+0.0099%8h0.06205−0.080%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06214+0.060%$2.1M$2.0M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06214+0.072%$19K$47K10xas long as short
Binance PYTHUSDT+0.0100%4h0.06207−0.054%$8.8M$18.5M75xas long as short
Bybit PYTHUSDT+0.0100%4h0.06214+0.064%$7.4M$4.4M50xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PYTH-USDT-SWAP+0.0100%4h0.06208−0.032%$2.0M$3.4M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06203−0.113%$1.0M$456K75xas long as short
MEXC PYTH_USDT+0.0100%4h0.06207−0.048%$11.0M$2.9M125xas long as short
KuCoin PYTHUSDTMlong+0.0100%4h0.06210long leg$1.5M$255K50x
Bitget PYTHUSDT+0.0100%4h0.062100.000%$2.6M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06207−0.048%$2.7Mas long as short
Backpack PYTH_USDC_PERP+0.0100%1h0.06216+0.093%$37K$53K10xas long as short
Variational Omni PYTH+0.0100%4h0.06212+0.030%$39K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.062100.000%$2K$2K10xas long as short
Aevo PYTH-PERP+0.0104%1h0.06210+0.006%$22K3xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06209−0.014%20x
Kraken Futures PF_PYTHUSD+0.0385%1h0.06218+0.124%$377K$225K25xas long as short
Coinbase International PYTH-PERP-INTX+0.0640%1h0.06330+1.932%$39K$20K25xas long as short