Settings8H · net · $10k
Funding arb · Price arb /

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0202%/8h= +22.2% APRpaid last 24h
Price spread now: Reya against Paradex−0.001%7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Reya: Active · farm boardneeds 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: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PYTH-USD-PERP0.063660.0100pay 0.0100% / 8h3h 25m$3K10x
ShortReya PYTHRUSDPERP0.063660.0302get 0.0038% / 1h25m 24s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Paradex. 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
$42.52
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$32.44
Costs to cover
0.100%
Break-even
1.7 days
Slippage unknown: Paradex: no order-book sample; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Reya no order-book sample
Paradex and Reya: 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
dYdX PYTH-USD0.0000%1h0.06383+0.266%$190K$195xas long as short
Gate PYTH_USDT0.0000%4h0.06364−0.029%$1.0M$518K75xas long as short
Deribit PYTH_USDC-PERPETUAL0.0000%1h0.06380+0.222%$10K$10K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.663%$553$220K5.5xas long as short
MEXC PYTH_USDT+0.0066%4h0.06368+0.033%$10.7M$2.8M125xas long as short
Backpack PYTH_USDC_PERP+0.0066%1h0.06385+0.299%$38K$63K10xas long as short
BloFin PYTH-USDT+0.0067%4h0.06377+0.175%$425K$78K75xas long as short
Binance PYTHUSDT+0.0068%4h0.06367+0.018%$9.1M$18.4M75xas long as short
Lighter PYTH+0.0096%1h0.06381+0.238%$193K$209K5xas long as short
Aevo PYTH-PERP+0.0096%1h0.06377+0.183%$23K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PYTHUSDT+0.0097%4h0.06378+0.197%$20K$45K10xas long as short
Paradex PYTH-USD-PERPlong+0.0100%8h0.06366long leg$3K10x
Hyperliquid PYTH+0.0100%1h0.06379+0.213%$2.3M$1.8M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06372+0.096%$7.5M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06368+0.033%$2.1M$3.5M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06372+0.096%$1.5M$346K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06377+0.175%$2.7M$2.1M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06366+0.002%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06374+0.125%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06376+0.162%$2K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0152%1h0.06493+1.997%$40K$19K25xas long as short
Kraken Futures PF_PYTHUSD+0.0298%1h0.06383+0.270%$393K$297K25xas long as short
Reya PYTHRUSDPERPshort+0.0302%1h0.06366−0.001%20x