Spread before costs (cost unknown: a leg has no order-book sample)+0.172%
7d average—if it closes, per $10,000$17funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06322 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $43K | $16K | — |
| Short | Lighter PYTH | 0.06333 | 0.0096 | get 0.0012% / 1h | 56m 22s | $196K | $202K | 5x |
Variational Omni PYTH
Lighter PYTHPrice 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
- $17.24
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.12
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: no order-book sample; Lighter: live order book, 34 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 34 min ago | 3.90 bp | 8.6 bp −$9 | 65.5 bp −$655 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Binance0.06319cheapestReya0.06319+0.001%Bybit0.06320+0.011%Gate0.06320+0.011%MEXC0.06320+0.011%OKX0.06321+0.027%Paradex0.06322+0.036%Bitget0.06322+0.042%BingX0.06322+0.042%
Binance
Reya
Bybit
Gate
MEXC
OKX
Paradex
Bitget
BingXVariational Omni0.06322+0.044%
BloFin0.06323+0.058%Hyperliquid0.06326+0.102%Aevo0.06326+0.102%KuCoin0.06331+0.185%Aster0.06331+0.193%dYdX0.06332+0.206%
BloFin
Hyperliquid
Aevo
KuCoin
Aster
dYdXLighter0.06333+0.216%
Backpack0.06335+0.256%Kraken Futures0.06338+0.295%Orderly0.06338+0.296%Deribit0.06347+0.438%Coinbase International0.06359+0.628%Injective0.06525+3.255%
Backpack
Kraken Futures
Orderly
Deribit
Coinbase International
InjectivePYTH on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PYTHUSDT | −0.044% | +0.0100% | 4h | $9.1M | $15.9M | 75x | as long as short |
| Reya PYTHRUSDPERP | −0.043% | +0.0302% | 1h | — | — | 20x | as long as short |
| Bybit PYTHUSDT | −0.033% | +0.0100% | 4h | $7.5M | $4.8M | 50x | as long as short |
| Gate PYTH_USDT | −0.033% | −0.0124% | 4h | $1.1M | $520K | 75x | as long as short |
| MEXC PYTH_USDT | −0.033% | +0.0100% | 4h | $9.1M | $2.4M | 125x | as long as short |
| OKX PYTH-USDT-SWAP | −0.017% | +0.0100% | 4h | $2.0M | $3.6M | 50x | as long as short |
| Paradex PYTH-USD-PERP | −0.008% | +0.0094% | 8h | $3K | $56 | 10x | as long as short |
| Bitget PYTHUSDT | −0.002% | +0.0100% | 4h | $2.6M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | −0.002% | +0.0100% | 4h | — | $2.9M | — | as long as short |
| Variational Omni PYTHlong | 0.000% | +0.0100% | 4h | $43K | $16K | — |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PYTH-USDT | +0.014% | +0.0058% | 4h | $433K | $130K | 75x | as long as short |
| Hyperliquid PYTH | +0.059% | +0.0100% | 1h | $1.7M | $1.5M | 5x | as long as short |
| Aevo PYTH-PERP | +0.059% | +0.0104% | 1h | $23K | — | 3x | as long as short |
| KuCoin PYTHUSDTM | +0.141% | +0.0100% | 4h | $1.5M | $371K | 50x | as long as short |
| Aster PYTHUSDT | +0.149% | +0.0100% | 4h | $21K | $34K | 10x | as long as short |
| dYdX PYTH-USD | +0.162% | 0.0000% | 1h | $188K | $19 | 5x | as long as short |
| Lighter PYTHshort | +0.172% | +0.0096% | 1h | $196K | $202K | 5x | |
| Backpack PYTH_USDC_PERP | +0.212% | +0.0100% | 1h | $38K | $93K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.251% | −0.0492% | 1h | $382K | $229K | 25x | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.251% | +0.0100% | 4h | $3K | $1K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.394% | +0.0696% | 1h | $10K | $10K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.584% | +0.0352% | 1h | $39K | $10K | 25x | as long as short |
| Injective PYTH/USDC PERP | +3.209% | +0.0033% | 1h | $577 | $46K | 5.5x | as long as short |