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

PYTH

all PYTH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0202%/8h= −22.2% APRpaid last 24h
Price spread now: Variational Omni against Reya−0.009%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 airdropReya: Active · Variational Omni: 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
LongReya PYTHRUSDPERP0.063070.0302pay 0.0038% / 1h15m 12s20x
ShortVariational Omni PYTH0.063060.0100get 0.0050% / 4h2h 15m$38K$25K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$42.51
Price spread: −0.009% → 0.000%
−$0.87
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$49.38
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Variational Omni: 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 Reya no order-book sample
Sell Variational Omni no order-book sample
Reya 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 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−0.0380%1h0.06315+0.135%$38K$63K10xas long as short
Deribit PYTH_USDC-PERPETUAL−0.0225%1h0.06318+0.182%$10K$10K10xas long as short
Gate PYTH_USDT−0.0056%4h0.06307+0.008%$1.0M$530K75xas long as short
dYdX PYTH-USD0.0000%1h0.06313+0.099%$187K$195xas long as short
Binance PYTHUSDT+0.0017%4h0.06316+0.151%$9.0M$18.9M75xas long as short
MEXC PYTH_USDT+0.0018%4h0.06308+0.024%$10.5M$2.7M125xas long as short
Injective PYTH/USDC PERP+0.0033%1h0.06260−0.737%$553$220K5.5xas long as short
BloFin PYTH-USDT+0.0062%4h0.06305−0.024%$419K$76K75xas long as short
Aevo PYTH-PERP+0.0088%1h0.06310+0.055%$23K3xas long as short
Lighter PYTH+0.0096%1h0.06323+0.262%$194K$210K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PYTH-USD-PERP+0.0100%8h0.06308+0.031%$3K10xas long as short
Hyperliquid PYTH+0.0100%1h0.06316+0.149%$2.2M$1.9M5xas long as short
Aster PYTHUSDT+0.0100%4h0.06313+0.101%$20K$45K10xas long as short
Bybit PYTHUSDT+0.0100%4h0.06315+0.135%$7.4M$4.8M50xas long as short
OKX PYTH-USDT-SWAP+0.0100%4h0.06318+0.182%$2.1M$3.5M50xas long as short
KuCoin PYTHUSDTM+0.0100%4h0.06313+0.103%$1.5M$351K50xas long as short
Bitget PYTHUSDT+0.0100%4h0.06311+0.071%$2.6M$2.2M75xas long as short
BingX PYTH-USDT+0.0100%4h0.06310+0.055%$2.8Mas long as short
Variational Omni PYTHshort+0.0100%4h0.06306−0.009%$38K$25K
Orderly PERP_PYTH_USDC_mythos+0.0100%4h0.06311+0.070%$2K$2K10xas long as short
Kraken Futures PF_PYTHUSD+0.0236%1h0.06319+0.191%$385K$298K25xas long as short
Reya PYTHRUSDPERPlong+0.0302%1h0.06307long leg20x
Coinbase International PYTH-PERP-INTX+0.0312%1h0.06493+2.957%$40K$19K25xas long as short