Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX+0.095%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.095%, 7d avg +0.108%
=Together, before fees+0.039%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYTH-USDT-SWAP | 0.06327 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $2.1M | $3.5M | 50x |
| Short | Lighter PYTH | 0.06333 | 0.0096 | get 0.0012% / 1h | 13m 16s | $194K | $211K | 5x |
OKX PYTH-USDT-SWAP
Lighter PYTHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.095% → +0.108%
- −$1.31
- Slippage, 4 orders
- −$49.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$61.31
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 17 min ago.
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 OKX live order book, 4 min ago | 2.38 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 17 min ago | 0.80 bp | 13.3 bp −$13 | 78.4 bp −$784 | doesn't fit | doesn't fit |
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 | −0.0365% | 1h | 0.06333 | +0.093% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0036% | 4h | 0.06322 | −0.079% | $1.0M | $530K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06328 | +0.012% | $188K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06330 | +0.047% | $10K | $10K | 10x | as long as short |
| MEXC PYTH_USDT | +0.0018% | 4h | 0.06326 | −0.016% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0020% | 4h | 0.06327 | 0.000% | $9.0M | $18.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −1.059% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDT | +0.0034% | 4h | 0.06317 | −0.158% | $419K | $76K | 75x | as long as short |
| Aevo PYTH-PERP | +0.0088% | 1h | 0.06325 | −0.032% | $23K | — | 3x | as long as short |
| Lighter PYTHshort | +0.0096% | 1h | 0.06333 | +0.095% | $194K | $211K | 5x |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
BloFin PYTH-USDT
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 | 0.06327 | −0.008% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06332 | +0.073% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06324 | −0.045% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06327 | 0.000% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAPlong | +0.0100% | 4h | 0.06327 | long leg | $2.1M | $3.5M | 50x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06330 | +0.047% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06325 | −0.032% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06327 | 0.000% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06306 | −0.333% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06327 | −0.006% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0235% | 1h | 0.06329 | +0.039% | $386K | $298K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06323 | −0.060% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +2.624% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX