Spread before costs (cost unknown: a leg has no order-book sample)+0.249%
7d average—if it closes, per $10,000$25funding while held, a day+$0.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PYTH-USD-PERP | 0.06594 | 0.0096 | pay 0.0096% / 8h | 7h 28m | $3K | $56 | 10x |
| Short | Variational Omni PYTH | 0.06611 | 0.0100 | get 0.0050% / 4h | 3h 28m | $47K | $14K | — |
Paradex PYTH-USD-PERP
Variational Omni PYTHPrice 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
- $24.86
- Funding while held
- $0.11
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.96
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.11
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Paradex and Variational Omni: 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.Injective0.06525cheapestGate0.06592+1.027%Bitget0.06592+1.027%
Injective
Gate
BitgetParadex0.06594+1.065%
Aevo0.06595+1.070%Reya0.06596+1.083%MEXC0.06597+1.103%BingX0.06597+1.103%Hyperliquid0.06598+1.117%Aster0.06600+1.149%Orderly0.06601+1.162%Backpack0.06602+1.175%Kraken Futures0.06603+1.189%Bybit0.06603+1.195%KuCoin0.06603+1.195%OKX0.06604+1.211%Deribit0.06604+1.211%dYdX0.06604+1.212%Lighter0.06605+1.226%Binance0.06605+1.226%BloFin0.06607+1.257%
Aevo
Reya
MEXC
BingX
Hyperliquid
Aster
Orderly
Backpack
Kraken Futures
Bybit
KuCoin
OKX
Deribit
dYdX
Lighter
Binance
BloFinVariational Omni0.06611+1.316%
Coinbase International0.06648+1.885%
Coinbase InternationalPYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PYTH/USDC PERP | −1.053% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Gate PYTH_USDT | −0.037% | +0.0052% | 4h | $1.2M | $450K | 75x | as long as short |
| Bitget PYTHUSDT | −0.037% | +0.0100% | 4h | $2.7M | $2.1M | 75x | as long as short |
| Paradex PYTH-USD-PERPlong | 0.000% | +0.0096% | 8h | $3K | $56 | 10x | |
| Aevo PYTH-PERP | +0.005% | +0.0104% | 1h | $24K | — | 3x | as long as short |
| Reya PYTHRUSDPERP | +0.018% | +0.0302% | 1h | — | — | 20x | as long as short |
| MEXC PYTH_USDT | +0.038% | +0.0100% | 4h | $9.7M | $2.8M | 125x | as long as short |
| BingX PYTH-USDT | +0.038% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Hyperliquid PYTH | +0.052% | +0.0100% | 1h | $1.8M | $1.4M | 5x | as long as short |
| Aster PYTHUSDT | +0.083% | +0.0100% | 4h | $24K | $30K | 10x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_PYTH_USDC_mythos | +0.096% | +0.0100% | 4h | $3K | $814 | 10x | as long as short |
| Backpack PYTH_USDC_PERP | +0.110% | +0.0287% | 1h | $37K | $85K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.123% | +0.0348% | 1h | $406K | $223K | 25x | as long as short |
| Bybit PYTHUSDT | +0.129% | +0.0100% | 4h | $8.0M | $4.4M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.129% | +0.0100% | 4h | $1.6M | $377K | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.144% | +0.0100% | 4h | $2.2M | $3.4M | 50x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.144% | +0.0204% | 1h | $11K | $10K | 10x | as long as short |
| dYdX PYTH-USD | +0.145% | +0.0011% | 1h | $196K | $19 | 5x | as long as short |
| Lighter PYTH | +0.160% | +0.0096% | 1h | $200K | $192K | 5x | as long as short |
| Binance PYTHUSDT | +0.160% | +0.0100% | 4h | $9.7M | $15.4M | 75x | as long as short |
| BloFin PYTH-USDT | +0.190% | +0.0091% | 4h | $451K | $142K | 75x | as long as short |
| Variational Omni PYTHshort | +0.249% | +0.0100% | 4h | $47K | $14K | — | |
| Coinbase International PYTH-PERP-INTX | +0.812% | +0.0176% | 1h | $41K | $10K | 25x | as long as short |