Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −25.0% APRnext payment −$1.14 per $10,000 · paid last 24h −0.014%
Price spread now: Gate against Variational Omni−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06358 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $44K | $23K | — |
| Short | Gate PYTH_USDT | 0.06350 | −0.0128 | pay 0.0064% / 4h | 2h 52m | $1.1M | $463K | 75x |
Variational Omni PYTH
Gate PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$47.88
- Price spread: −0.125% → 0.000%
- −$12.53
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.41
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 5.51 bp | 32.7 bp −$33 | doesn't fit | 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 | −0.125% | $561 | $180K | 5.5x | as long as short |
| Kraken Futures PF_PYTHUSD | −0.0215% | 1h | 0.06357 | −0.014% | $385K | $240K | 25x | as long as short |
| Gate PYTH_USDTshort | −0.0128% | 4h | 0.06350 | −0.125% | $1.1M | $463K | 75x | |
| BloFin PYTH-USDT | −0.0046% | 4h | 0.06334 | −0.377% | $419K | $122K | 75x | as long as short |
| Binance PYTHUSDT | −0.0019% | 4h | 0.06351 | −0.110% | $9.0M | $16.0M | 75x | as long as short |
| MEXC PYTH_USDT | −0.0018% | 4h | 0.06352 | −0.094% | $9.4M | $2.4M | 125x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06354 | −0.063% | $189K | $19 | 5x | as long as short |
| Bybit PYTHUSDT | +0.0048% | 4h | 0.06354 | −0.062% | $7.5M | $5.0M | 50x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0048% | 1h | 0.06431 | +1.149% | $40K | $9K | 25x | as long as short |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06387 | +0.450% | $23K | — | 3x | as long as short |
Injective PYTH/USDC PERP
Kraken Futures PF_PYTHUSD
BloFin PYTH-USDT
Binance PYTHUSDT
MEXC PYTH_USDT
dYdX PYTH-USD
Bybit PYTHUSDT
Coinbase International PYTH-PERP-INTX
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PYTH | +0.0096% | 1h | 0.06361 | +0.048% | $197K | $203K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0098% | 8h | 0.06349 | −0.140% | $3K | $56 | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06358 | +0.004% | $1.7M | $1.4M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06359 | +0.016% | $20K | $26K | 10x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06352 | −0.094% | $2.1M | $3.3M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06356 | −0.031% | $1.5M | $311K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06353 | −0.078% | $2.6M | $1.9M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06349 | −0.141% | — | $2.8M | — | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06358 | long leg | $44K | $23K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06355 | −0.055% | $3K | $1K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06355 | −0.048% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0421% | 1h | 0.06361 | +0.046% | $38K | $88K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0536% | 1h | 0.06367 | +0.142% | $10K | $10K | 10x | as long as short |
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL