Funding you earn now, next payment 05:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h −0.002%
Price spread now: Coinbase International against Variational Omni+4.205%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 4.205% dearer against Variational Omni than usual: you sell high and buy low: +$421 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06231 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $38K | $25K | — |
| Short | Coinbase International PYTH-PERP-INTX | 0.06493 | 0.0312 | get 0.0039% / 1h | 22m 21s | $40K | $19K | 25x |
Variational Omni PYTH
Coinbase International PYTH-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $44.52
- Price spread: +4.205% → 0.000%
- $420.53
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $455.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Variational Omni and Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0437% | 1h | 0.06249 | +0.283% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0132% | 4h | 0.06242 | +0.177% | $1.0M | $530K | 75x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | −0.0070% | 1h | 0.06239 | +0.129% | $10K | $10K | 10x | as long as short |
| BloFin PYTH-USDT | −0.0020% | 4h | 0.06240 | +0.145% | $420K | $75K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06244 | +0.205% | $185K | $19 | 5x | as long as short |
| MEXC PYTH_USDT | +0.0004% | 4h | 0.06260 | +0.466% | $10.4M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0005% | 4h | 0.06260 | +0.462% | $8.9M | $18.8M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | +0.466% | $553 | $220K | 5.5x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06235 | +0.065% | $22K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06252 | +0.337% | $192K | $210K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
Deribit PYTH_USDC-PERPETUAL
BloFin PYTH-USDT
dYdX PYTH-USD
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06247 | +0.255% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06262 | +0.504% | $2.1M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06254 | +0.368% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06261 | +0.482% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06260 | +0.466% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06255 | +0.386% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06260 | +0.466% | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06260 | +0.466% | — | $2.8M | — | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06231 | long leg | $38K | $25K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06262 | +0.498% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0239% | 1h | 0.06241 | +0.164% | $381K | $302K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06257 | +0.414% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTXshort | +0.0312% | 1h | 0.06493 | +4.205% | $40K | $19K | 25x |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP