PYTH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0221%/8h= −24.2% APRnext payment −$1.10 per $10,000 · paid last 24h −0.016%

Price spread now: Bybit against Variational Omni+0.260%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bybit is 0.260% dearer against Variational Omni than usual: you sell high and buy low (spread +0.260% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PYTH	0.06334	0.0100	pay 0.0050% / 4h	2h 37m	$44K	$23K	—
Short	Bybit PYTHUSDT	0.06350	−0.0121	pay 0.0060% / 4h	2h 37m	$7.5M	$5.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BybitbpOrdersPrice spread, now +0.260%Rate

Funding earned: −$46.39
Price spread: +0.260% → 0.000%: $26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.39
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 6 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 6 min ago	2.37 bp	32.2 bp −$32	83.9 bp −$839	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective PYTH/USDC PERP	−0.0586%	1h	0.06350	+0.260%	$561	$180K	5.5x	as long as short
Deribit PYTH_USDC-PERPETUAL	−0.0536%	1h	0.06358	+0.386%	$10K	$10K	10x	as long as short
Kraken Futures PF_PYTHUSD	−0.0216%	1h	0.06351	+0.283%	$384K	$240K	25x	as long as short
Bybit PYTHUSDTshort	−0.0121%	4h	0.06350	+0.260%	$7.5M	$5.0M	50x
Gate PYTH_USDT	−0.0114%	4h	0.06342	+0.134%	$1.1M	$465K	75x	as long as short
MEXC PYTH_USDT	−0.0018%	4h	0.06348	+0.228%	$9.4M	$2.4M	125x	as long as short
Binance PYTHUSDT	−0.0017%	4h	0.06348	+0.228%	$9.1M	$15.9M	75x	as long as short
dYdX PYTH-USD	0.0000%	1h	0.06351	+0.272%	$189K	$19	5x	as long as short
BloFin PYTH-USDT	+0.0023%	4h	0.06338	+0.071%	$425K	$121K	75x	as long as short
Coinbase International PYTH-PERP-INTX	+0.0048%	1h	0.06431	+1.539%	$40K	$6K	25x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PYTH-PERP	+0.0080%	1h	0.06349	+0.247%	$23K	—	3x	as long as short
Lighter PYTH	+0.0096%	1h	0.06360	+0.418%	$197K	$206K	5x	as long as short
Paradex PYTH-USD-PERP	+0.0099%	8h	0.06347	+0.220%	$3K	$56	10x	as long as short
Hyperliquid PYTH	+0.0100%	1h	0.06357	+0.377%	$1.7M	$1.5M	5x	as long as short
Aster PYTHUSDT	+0.0100%	4h	0.06343	+0.146%	$20K	$24K	10x	as long as short
OKX PYTH-USDT-SWAP	+0.0100%	4h	0.06351	+0.276%	$2.1M	$3.3M	50x	as long as short
KuCoin PYTHUSDTM	+0.0100%	4h	0.06353	+0.307%	$1.5M	$308K	50x	as long as short
Bitget PYTHUSDT	+0.0100%	4h	0.06348	+0.228%	$2.6M	$1.9M	75x	as long as short
BingX PYTH-USDT	+0.0100%	4h	0.06348	+0.228%	—	$2.8M	—	as long as short
Variational Omni PYTHlong	+0.0100%	4h	0.06334	long leg	$44K	$23K	—
Orderly PERP_PYTH_USDC_mythos	+0.0100%	4h	0.06350	+0.263%	$3K	$1K	10x	as long as short
Backpack PYTH_USDC_PERP	+0.0299%	1h	0.06352	+0.287%	$38K	$88K	10x	as long as short
Reya PYTHRUSDPERP	+0.0302%	1h	0.06351	+0.273%	—	—	20x	as long as short