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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h
Price spread now: Binance against Reya+0.018%7-day average · you sell dearer than you buy
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 airdropReya: 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: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PYTHRUSDPERP0.063680.0302pay 0.0038% / 1h31m 03s20x
ShortBinance PYTHUSDT0.06369−0.0014pay 0.0007% / 4h1h 31m$9.1M$17.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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
−$66.53
Price spread: +0.018% → 0.000%
$1.77
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.76
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 10 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 Reya no order-book sample
Sell Binance live order book, 10 min ago2.37 bp17.7 bp −$1842.5 bp −$425280.3 bp −$28.0Kdoesn't fit
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
Backpack PYTH_USDC_PERP−0.0376%1h0.06379+0.179%$39K$50K10xas long as short
Gate PYTH_USDT−0.0230%4h0.06359−0.139%$1.0M$500K75xas long as short
BloFin PYTH-USDT−0.0042%4h0.06358−0.155%$426K$88K75xas long as short
Binance PYTHUSDTshort−0.0014%4h0.06369+0.018%$9.1M$17.8M75x
MEXC PYTH_USDT−0.0014%4h0.06367−0.014%$9.5M$2.5M125xas long as short
dYdX PYTH-USD0.0000%1h0.06366−0.034%$189K$195xas long as short
Aster PYTHUSDT+0.0010%4h0.06368+0.001%$20K$46K10xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−1.694%$553$220K5.5xas long as short
Aevo PYTH-PERP+0.0080%1h0.06370+0.033%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06376+0.128%$192K$204K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06366−0.029%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06381+0.206%$2.0M$1.7M5xas long as short
Bybit PYTHUSDT+0.0100%4h0.06372+0.065%$7.6M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06365−0.045%$2.1M$3.4M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06368+0.002%$1.5M$342K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06371+0.049%$2.7M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06369+0.018%$2.7Mas long as short
Variational Omni PYTH+0.0100%4h0.06366−0.026%$38K$25Kas long as short
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06368+0.004%$3K$2K10xas long as short
Coinbase International PYTH-PERP-INTX+0.0176%1h0.06369+0.018%$39K$18K25xas long as short
Kraken Futures PF_PYTHUSD+0.0300%1h0.06377+0.142%$389K$291K25xas long as short
Reya PYTHRUSDPERPlong+0.0302%1h0.06368long leg20x
Deribit PYTH_USDC-PERPETUAL+0.0377%1h0.06385+0.269%$10K$10K10xas long as short