Spread before costs (cost unknown: a leg has no order-book sample)+0.740%
7d average—if it closes, per $10,000$74funding while held, a day+$3.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PYTH_USDT | 0.06352 | 0.0100 | pay 0.0050% / 4h | 55m 36s | $9.7M | $2.5M | 125x |
| Short | Coinbase International PYTH-PERP-INTX | 0.06399 | 0.0232 | get 0.0029% / 1h | 55m 36s | $39K | $9K | 25x |
Price 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
- $73.99
- Funding while held
- $3.96
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $67.95
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 4 min ago; Coinbase International: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0132%
- Per $10,000 a day
- +$3.96
- 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 MEXC live order book, 4 min ago | 0.78 bp | 4.1 bp −$4 | 14.7 bp −$147 | 91.6 bp −$9,159 | 199.6 bp −$99.8K |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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.PYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PYTH-USDT-SWAP | −0.094% | +0.0100% | 4h | $2.0M | $3.5M | 50x | as long as short |
| Paradex PYTH-USD-PERP | −0.094% | +0.0091% | 8h | $3K | $56 | 10x | as long as short |
| Gate PYTH_USDT | −0.063% | −0.0172% | 4h | $1.1M | $518K | 75x | as long as short |
| Bybit PYTHUSDT | −0.031% | −0.0211% | 4h | $7.5M | $4.8M | 50x | as long as short |
| Binance PYTHUSDT | −0.018% | +0.0100% | 4h | $9.1M | $15.8M | 75x | as long as short |
| BingX PYTH-USDT | −0.016% | +0.0100% | 4h | — | $2.8M | — | as long as short |
| Reya PYTHRUSDPERP | −0.013% | +0.0302% | 1h | — | — | 20x | as long as short |
| Aevo PYTH-PERP | −0.009% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| MEXC PYTH_USDTlong | 0.000% | +0.0100% | 4h | $9.7M | $2.5M | 125x | |
| Hyperliquid PYTH | +0.027% | +0.0100% | 1h | $1.7M | $1.4M | 5x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PYTHUSDT | +0.063% | +0.0100% | 4h | $2.6M | $2.0M | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.079% | +0.0100% | 4h | $1.5M | $346K | 50x | as long as short |
| Aster PYTHUSDT | +0.080% | +0.0100% | 4h | $21K | $34K | 10x | as long as short |
| Variational Omni PYTH | +0.088% | +0.0100% | 4h | $44K | $17K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.104% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.126% | 0.0000% | 1h | $10K | $10K | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.135% | +0.0100% | 1h | $38K | $90K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.153% | −0.0249% | 1h | $384K | $228K | 25x | as long as short |
| Lighter PYTH | +0.157% | +0.0096% | 1h | $197K | $201K | 5x | as long as short |
| dYdX PYTH-USD | +0.207% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| BloFin PYTH-USDT | +0.268% | +0.0067% | 4h | $432K | $128K | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.378% | −0.0507% | 1h | $564 | $94K | 5.5x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.740% | +0.0232% | 1h | $39K | $9K | 25x |
MEXC PYTH_USDT
Coinbase International PYTH-PERP-INTX
OKX
Paradex
Gate
Bybit
Binance
BingX
Hyperliquid
Bitget
KuCoin
Aster
Variational Omni
Deribit
Backpack
Kraken Futures
Lighter
BloFin
Injective