Spread before costs (cost unknown: a leg has no order-book sample)−0.125%
7d average—if it closes, per $10,000$13funding while held, a day−$17.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PYTH_USDC_mythos | 0.06381 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $3K | $1K | 10x |
| Short | Kraken Futures PF_PYTHUSD | 0.06373 | −0.0489 | pay 0.0061% / 1h | 30m 22s | $384K | $228K | 25x |
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSDPrice 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
- −$12.52
- Funding while held
- −$17.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$46.2
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0589%
- Per $10,000 a day
- −$17.68
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 11.77 bp | 25.9 bp −$26 | 153.2 bp −$1,532 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.06364cheapestVariational Omni0.06364+0.005%Gate0.06368+0.063%Backpack0.06371+0.115%Aster0.06372+0.121%dYdX0.06372+0.129%
BloFin
Variational Omni
Gate
Backpack
Aster
dYdXKraken Futures0.06373+0.140%
Reya0.06373+0.146%Paradex0.06373+0.148%OKX0.06374+0.157%BingX0.06374+0.157%Aevo0.06374+0.159%Deribit0.06375+0.173%Bybit0.06376+0.189%Bitget0.06376+0.189%KuCoin0.06378+0.220%Hyperliquid0.06378+0.228%Binance0.06379+0.232%MEXC0.06380+0.251%
Reya
Paradex
OKX
BingX
Aevo
Deribit
Bybit
Bitget
KuCoin
Hyperliquid
Binance
MEXCOrderly0.06381+0.266%
Lighter0.06384+0.314%Coinbase International0.06404+0.629%Injective0.06525+2.530%
Lighter
Coinbase International
InjectivePYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.265% | +0.0127% | 4h | $435K | $128K | 75x | as long as short |
| Variational Omni PYTH | −0.260% | +0.0100% | 4h | $44K | $17K | — | as long as short |
| Gate PYTH_USDT | −0.202% | −0.0082% | 4h | $1.1M | $525K | 75x | as long as short |
| Backpack PYTH_USDC_PERP | −0.150% | +0.0100% | 1h | $39K | $92K | 10x | as long as short |
| Aster PYTHUSDT | −0.145% | +0.0100% | 4h | $21K | $34K | 10x | as long as short |
| dYdX PYTH-USD | −0.136% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| Kraken Futures PF_PYTHUSDshort | −0.125% | −0.0489% | 1h | $384K | $228K | 25x | |
| Reya PYTHRUSDPERP | −0.119% | +0.0302% | 1h | — | — | 20x | as long as short |
| Paradex PYTH-USD-PERP | −0.117% | +0.0095% | 8h | $3K | $56 | 10x | as long as short |
| OKX PYTH-USDT-SWAP | −0.108% | +0.0100% | 4h | $2.0M | $3.5M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PYTH-USDT | −0.108% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Aevo PYTH-PERP | −0.107% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.092% | +0.0378% | 1h | $10K | $10K | 10x | as long as short |
| Bybit PYTHUSDT | −0.077% | −0.0068% | 4h | $7.5M | $4.8M | 50x | as long as short |
| Bitget PYTHUSDT | −0.077% | +0.0100% | 4h | $2.6M | $2.1M | 75x | as long as short |
| KuCoin PYTHUSDTM | −0.045% | +0.0100% | 4h | $1.5M | $358K | 50x | as long as short |
| Hyperliquid PYTH | −0.038% | +0.0100% | 1h | $1.7M | $1.4M | 5x | as long as short |
| Binance PYTHUSDT | −0.033% | +0.0100% | 4h | $9.2M | $15.8M | 75x | as long as short |
| MEXC PYTH_USDT | −0.014% | +0.0100% | 4h | $9.7M | $2.6M | 125x | as long as short |
| Orderly PERP_PYTH_USDC_mythoslong | 0.000% | +0.0100% | 4h | $3K | $1K | 10x | |
| Lighter PYTH | +0.049% | +0.0096% | 1h | $197K | $203K | 5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.362% | +0.0352% | 1h | $40K | $10K | 25x | as long as short |
| Injective PYTH/USDC PERP | +2.258% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |