Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day−$6.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PYTHRUSDPERP | 0.06366 | 0.0302 | pay 0.0038% / 1h | 19m 32s | — | — | 20x |
| Short | OKX PYTH-USDT-SWAP | 0.06365 | 0.0100 | get 0.0050% / 4h | 2h 19m | $2.1M | $3.5M | 50x |
Price 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
- −$1.56
- Funding while held
- −$6.07
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$23.63
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0202%
- Per $10,000 a day
- −$6.07
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 3.15 bp | 19.9 bp −$20 | 59.6 bp −$596 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.PYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | −0.141% | +0.0114% | 4h | $438K | $140K | 75x | as long as short |
| Gate PYTH_USDT | −0.126% | −0.0042% | 4h | $1.1M | $546K | 75x | as long as short |
| Variational Omni PYTH | −0.054% | +0.0100% | 4h | $44K | $16K | — | as long as short |
| Bybit PYTHUSDT | −0.016% | +0.0100% | 4h | $7.6M | $4.5M | 50x | as long as short |
| OKX PYTH-USDT-SWAPshort | −0.016% | +0.0100% | 4h | $2.1M | $3.5M | 50x | |
| BingX PYTH-USDT | −0.016% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Paradex PYTH-USD-PERP | −0.005% | +0.0097% | 8h | $3K | $56 | 10x | as long as short |
| Reya PYTHRUSDPERPlong | 0.000% | +0.0302% | 1h | — | — | 20x | |
| KuCoin PYTHUSDTM | +0.016% | +0.0100% | 4h | $1.5M | $373K | 50x | as long as short |
| MEXC PYTH_USDT | +0.032% | +0.0100% | 4h | $9.3M | $2.7M | 125x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PYTHUSDT | +0.032% | +0.0100% | 4h | $2.6M | $2.2M | 75x | as long as short |
| Aster PYTHUSDT | +0.049% | +0.0100% | 4h | $21K | $32K | 10x | as long as short |
| Hyperliquid PYTH | +0.068% | +0.0100% | 1h | $1.7M | $1.5M | 5x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.076% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Binance PYTHUSDT | +0.079% | +0.0100% | 4h | $9.2M | $15.8M | 75x | as long as short |
| Lighter PYTH | +0.126% | +0.0096% | 1h | $196K | $196K | 5x | as long as short |
| Aevo PYTH-PERP | +0.141% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| dYdX PYTH-USD | +0.165% | 0.0000% | 1h | $189K | $19 | 5x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.200% | +0.0180% | 1h | $385K | $228K | 25x | as long as short |
| Backpack PYTH_USDC_PERP | +0.214% | +0.0100% | 1h | $37K | $89K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.299% | +0.0377% | 1h | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +2.498% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |
| Coinbase International PYTH-PERP-INTX | +4.430% | +0.0304% | 1h | $41K | $10K | 25x | as long as short |
OKX PYTH-USDT-SWAP
BloFin
Gate
Variational Omni
Bybit
BingX
Paradex
KuCoin
MEXC
Bitget
Aster
Hyperliquid
Binance
Lighter
Kraken Futures
Backpack
Deribit
Injective
Coinbase International