Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Variational Omni against Lighter−0.815%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.815% cheaper against Lighter than usual: you would sell low and buy high, −$82 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PYTH | 0.06328 | 0.0096 | pay 0.0012% / 1h | 17m 59s | $195K | $210K | 5x |
| Short | Variational Omni PYTH | 0.06276 | 0.0100 | get 0.0050% / 4h | 2h 17m | $38K | $25K | — |
Lighter PYTH
Variational Omni PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.815% → 0.000%
- −$81.54
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$80.7
- Costs to cover
- 0.000%
- Break-even
- 679.5 days
Slippage unknown: Lighter: live order book, 12 min ago; Variational Omni: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 12 min ago | 0.80 bp | 6.5 bp −$7 | 86.9 bp −$869 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0384% | 1h | 0.06325 | −0.051% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0084% | 4h | 0.06312 | −0.253% | $1.0M | $530K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06310 | −0.287% | $187K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06321 | −0.111% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0003% | 4h | 0.06308 | −0.316% | $422K | $76K | 75x | as long as short |
| MEXC PYTH_USDT | +0.0012% | 4h | 0.06314 | −0.221% | $10.6M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0018% | 4h | 0.06314 | −0.216% | $9.0M | $18.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.075% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06315 | −0.205% | $23K | — | 3x | as long as short |
| Lighter PYTHlong | +0.0096% | 1h | 0.06328 | long leg | $195K | $210K | 5x |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06303 | −0.398% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06321 | −0.111% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06316 | −0.185% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06316 | −0.190% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06312 | −0.253% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06319 | −0.142% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06316 | −0.190% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06315 | −0.205% | — | $2.8M | — | as long as short |
| Variational Omni PYTHshort | +0.0100% | 4h | 0.06276 | −0.815% | $38K | $25K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06319 | −0.150% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0236% | 1h | 0.06328 | −0.001% | $386K | $298K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06316 | −0.186% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +2.607% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX