data as of
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Price arb /

PYTH

all PYTH markets
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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−$112
spread now−0.329%7d average−0.107%fees + slippage, in and out−$90spread needed0.898%
Long on LighterShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PYTH0.063890.0096pay 0.0012% / 1h16m 24s$198K$203K5x
ShortGate PYTH_USDT0.06368−0.0112pay 0.0056% / 4h1h 16m$1.1M$527K75x

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
−$32.87
Funding while held
−$6.24
Slippage, 4 orders
−$74.84
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$128.95
Spread needed to break even
0.898%
Slippage from Lighter: live order book, 9 min ago; Gate: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0208%
Per $10,000 a day
−$6.24
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 Lighter live order book, 9 min ago3.93 bp17.9 bp −$18102.2 bp −$1,022doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.50 bp35.1 bp −$35doesn't fitdoesn't fitdoesn't fit

PYTH price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.06354cheapest
Gate0.06368+0.225%
OKX0.06369+0.240%Bybit0.06370+0.256%Aevo0.06370+0.256%BingX0.06372+0.288%Reya0.06373+0.299%Deribit0.06373+0.303%Paradex0.06374+0.322%Binance0.06375+0.329%MEXC0.06375+0.335%Hyperliquid0.06376+0.352%Orderly0.06377+0.358%Kraken Futures0.06377+0.363%Bitget0.06377+0.366%BloFin0.06378+0.382%Backpack0.06379+0.398%Aster0.06380+0.419%KuCoin0.06381+0.429%dYdX0.06381+0.433%
Lighter0.06389+0.555%
Coinbase International0.06391+0.587%Injective0.06525+2.696%

PYTH on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PYTH−0.552%+0.0100%4h$44K$17K—as long as short
Gate PYTH_USDTshort−0.329%−0.0112%4h$1.1M$527K75x
OKX PYTH-USDT-SWAP−0.313%+0.0100%4h$2.0M$3.5M50xas long as short
Bybit PYTHUSDT−0.297%−0.0120%4h$7.5M$4.8M50xas long as short
Aevo PYTH-PERP−0.297%+0.0104%1h$23K—3xas long as short
BingX PYTH-USDT−0.266%+0.0100%4h—$2.8M—as long as short
Reya PYTHRUSDPERP−0.255%+0.0302%1h——20xas long as short
Deribit PYTH_USDC-PERPETUAL−0.250%+0.0064%1h$10K$10K10xas long as short
Paradex PYTH-USD-PERP−0.232%+0.0096%8h$3K$5610xas long as short
Binance PYTHUSDT−0.225%+0.0100%4h$9.2M$15.8M75xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC PYTH_USDT−0.219%+0.0100%4h$9.7M$2.6M125xas long as short
Hyperliquid PYTH−0.202%+0.0100%1h$1.7M$1.4M5xas long as short
Orderly PERP_PYTH_USDC_mythos−0.196%+0.0100%4h$3K$1K10xas long as short
Kraken Futures PF_PYTHUSD−0.192%−0.0489%1h$385K$228K25xas long as short
Bitget PYTHUSDT−0.188%+0.0100%4h$2.6M$2.1M75xas long as short
BloFin PYTH-USDT−0.172%+0.0143%4h$434K$128K75xas long as short
Backpack PYTH_USDC_PERP−0.157%+0.0100%1h$39K$91K10xas long as short
Aster PYTHUSDT−0.136%+0.0100%4h$21K$34K10xas long as short
KuCoin PYTHUSDTM−0.125%+0.0100%4h$1.5M$347K50xas long as short
dYdX PYTH-USD−0.121%0.0000%1h$189K$195xas long as short
Lighter PYTHlong0.000%+0.0096%1h$198K$203K5x
Coinbase International PYTH-PERP-INTX+0.031%+0.0352%1h$39K$10K25xas long as short
Injective PYTH/USDC PERP+2.129%+0.0033%1h$577$46K5.5xas long as short