PYTH funding rates and arbitrage
PYTH perpetuals trade on 17 contracts across 17 venues, forming 136 cross-venue arbitrage pairs. By net APR the current best pair is long Lighter against short Coinbase, netting +955.72%, with both legs settling on the same cadenceใ
PYTH perpetual funding rates by venue
APR = current rate ร (24 รท settlement interval) ร 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| Binance | PYTHUSDT | USDT | 4h | -0.0008% | -1.75% | -6.71% | $24.2M | 0.07251 |
| LBank | PYTHUSDT | USDT | 4h | -0.0008% | -1.75% | -11.22% | $8.7M | 0.07251 |
| OKX | PYTH-USDT-SWAP | USDT | 4h | -0.0058% | -12.79% | -4.10% | $8.1M | 0.07251 |
| Bybit | PYTHUSDT | USDT | 4h | 0.0050% | +10.95% | +2.56% | $5.1M | 0.07253 |
| Bitget | PYTHUSDT | USDT | 4h | 0.0031% | +6.79% | +9.49% | $4.1M | 0.07252 |
| BingX | PYTH-USDT | USDT | 4h | 0.0050% | +10.95% | +10.94% | $2.8M | 0.07254 |
| MEXC | PYTH_USDT | USDT | 4h | -0.0008% | -1.75% | -6.59% | $2.6M | 0.07251 |
| Hyperliquid | PYTH | USDC | 1h | 0.0013% | +10.95% | +10.95% | $2.4M | 0.07253 |
| WhiteBIT | PYTH_PERP | USDT | 4h | 0.0050% | +10.95% | +10.95% | $1.2M | 0.07259 |
| Gate | PYTH_USDT | USDT | 4h | -0.0039% | -8.54% | -2.37% | $535K | 0.07257 |
| KuCoin | PYTHUSDTM | USDT | 4h | 0.0050% | +10.95% | +10.95% | $443K | 0.07255 |
| Kraken | PF_PYTHUSD | USD | 1h | -0.0010% | -9.10% | -14.72% | $350K | 0.07252 |
| Lighter | PYTH | USDC | 1h | -0.0015% | -13.14% | -37.38% | $296K | 0.07249 |
| Deribit | PYTH_USDC-PERPETUAL | USDC | 8h | -0.0001% | -0.15% | +1.15% | $59K | 0.07252 |
| Aster | PYTHUSDT | USDT | 4h | 0.0050% | +10.95% | +10.95% | $29K | 0.07250 |
| Crypto.com | PYTHUSD-PERP | USD | 4h | 0.0060% | +13.07% | +1.90% | $933 | 0.07258 |
| Coinbase | PYTH-PERP | USDC | 1h | 0.1076% | +942.58% | +942.58% | $0 | 0.07868 |
PYTH cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg โ long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Lighter USDC | Coinbase USDC | +955.72% | 2.6184% | +979.95% | 1h matched | $0 |
| OKX USDT | Coinbase USDC | +955.36% | 2.6174% | +946.68% | 4h / 1h | $0 |
| Kraken USD | Coinbase USDC | +951.68% | 2.6073% | +957.30% | 1h matched | $0 |
| Gate USDT | Coinbase USDC | +951.12% | 2.6058% | +944.95% | 4h / 1h | $0 |
| Binance USDT | Coinbase USDC | +944.33% | 2.5872% | +949.29% | 4h / 1h | $0 |
| LBank USDT | Coinbase USDC | +944.33% | 2.5872% | +953.80% | 4h / 1h | $0 |
| MEXC USDT | Coinbase USDC | +944.33% | 2.5872% | +949.16% | 4h / 1h | $0 |
| Deribit USDC | Coinbase USDC | +942.72% | 2.5828% | +941.42% | 8h / 1h | $0 |
| Bitget USDT | Coinbase USDC | +935.79% | 2.5638% | +933.09% | 4h / 1h | $0 |
| Aster USDT | Coinbase USDC | +931.63% | 2.5524% | +931.63% | 4h / 1h | $0 |
| BingX USDT | Coinbase USDC | +931.63% | 2.5524% | +931.64% | 4h / 1h | $0 |
| Bybit USDT | Coinbase USDC | +931.63% | 2.5524% | +940.02% | 4h / 1h | $0 |
Pyth Network project profile
- Total
- 10.00B
- Max supply
- 10.00B
- Type
- Token
- Market cap rank
- #100
HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt30x0575dd4afd93b7522fee4e0179f243eca38561370x90e95735378a31bfad2dcd87128fbb80ffeb6917About
Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains. It allows developer to secure smart contracts with reliable, low-latency market data from institutional sources, and build apps with high-fidelity oracle feeds designed for mission-critical systems.
Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.
Funding rates for other coins
Snapshot taken 2026-10-19 17:49 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.