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 04:00 UTC−0.0266%/8h= −29.1% APRnext payment $1.33 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against Orderly−0.002%52s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$8 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PYTH_USDC_mythos0.064630.0100pay 0.0050% / 4h3h 07m$3K$2K10x
ShortBloFin PYTH-USDT0.06463−0.0166pay 0.0083% / 4h3h 07m$430K$112K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
−$55.8
Price spread: −0.002% → 0.000%
−$0.15
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.96
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 63 min ago. 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 Orderly no order-book sample
Sell BloFin live order book, 63 min ago0.79 bp16.8 bp −$1732.0 bp −$320doesn't fitdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PYTH-USDTshort−0.0166%4h0.06463−0.002%$430K$112K75x
Kraken Futures PF_PYTHUSD−0.0134%1h0.06475+0.183%$397K$291K25xas long as short
MEXC PYTH_USDT−0.0118%4h0.06460−0.048%$9.8M$2.4M125xas long as short
Binance PYTHUSDT−0.0117%4h0.06460−0.053%$9.3M$17.7M75xas long as short
Coinbase International PYTH-PERP-INTX−0.0064%1h0.06505+0.648%$40K$18K25xas long as short
dYdX PYTH-USD0.0000%1h0.06476+0.200%$192K$195xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06472+0.138%$10K$10K10xas long as short
Aster PYTHUSDT+0.0015%4h0.06471+0.122%$21K$46K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−3.142%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0048%1h0.06465+0.029%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PYTH+0.0096%1h0.06476+0.200%$203K$199K5xas long as short
Paradex PYTH-USD-PERP+0.0100%8h0.06450−0.203%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06473+0.149%$2.1M$1.6M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06464+0.014%$7.7M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06465+0.029%$2.1M$3.5M50xas long as short
Gate PYTH_USDT+0.0100%4h0.06458−0.079%$1.1M$481K75xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06466+0.045%$1.5M$326K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06463−0.002%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06461−0.032%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06461−0.026%$39K$27Kas long as short
Orderly PERP_PYTH_USDC_mythoslong+0.0100%4h0.06463long leg$3K$2K10x
Reya PYTHRUSDPERP+0.0302%1h0.06461−0.036%20xas long as short
Backpack PYTH_USDC_PERP+0.0942%1h0.06473+0.149%$36K$91K10xas long as short