ArbiLayer

PYTH arbitrage

live

Live Pyth Network price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.09%Bitget → OKX · Perp–Perp
Best perp–perp spread+0.07%Bitget → OKX
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.21%$0.0719 – $0.072

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PYTH price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · PYTH-USDT-SWAPPerpetual $0.0719$0.0719$0.0719-0.01% +0.023%$6.54M
Bybit logoBybitPerpetual · PYTHUSDTPerpetual $0.0719$0.0719$0.0719-0.03% +0.022%$4.72M
Bitget logoBitgetPerpetual · PYTHUSDTPerpetual $0.0719$0.0719$0.0719-0.09% +0.030%$1.84M
MEXC logoMEXCPerpetual · PYTH_USDTPerpetual $0.0719$0.0719$0.0719-0.06% +0.007%$1.48M
OKX logoOKXSpot · PYTH-USDTSpot $0.072$0.072$0.072+0.08% —$1.22M
Gate logoGatePerpetual · PYTH_USDTPerpetual $0.0718$0.0719$0.0719-0.11% +0.008%$1.14M
Hyperliquid logoHyperliquidPerpetual · PYTHPerpetual $0.0719$0.072$0.072+0.04% +0.030%$786.5K
Bybit logoBybitSpot · PYTHUSDTSpot $0.072$0.072$0.072+0.08% —$547.3K
KuCoin logoKuCoinSpot · PYTH-USDTSpot $0.072$0.072$0.072+0.10% —$390.9K
KuCoin logoKuCoinPerpetual · PYTHUSDTMPerpetual $0.0719$0.072$0.07190.00% +0.030%$246.8K
Gate logoGateSpot · PYTH_USDTSpot $0.072$0.072$0.072+0.05% —$121.8K
Bitget logoBitgetSpot · PYTHUSDTSpot $0.072$0.072$0.072+0.07% —$120.8K
Variational logoVariationalPerpetual · PYTHPerpetual $0.0719$0.072$0.0719-0.01% +0.030%$44.4K
Binance logoBinancePerpetual · PYTHUSDTPerpetual $0.0719$0.0719$0.0719-0.08% +0.007%—
Aster logoAsterPerpetual · PYTHUSDTPerpetual $0.0718$0.072$0.0719-0.03% +0.030%—
Binance logoBinanceSpot · PYTHUSDTSpot $0.072$0.072$0.072+0.06% ——
MEXC logoMEXCSpot · PYTHUSDTSpot $0.072$0.072$0.072+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PYTH arbitrage explained

Right now Pyth Network (PYTH) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.0719 and the highest bid on OKX spot at $0.072.

The widest PYTH perpetual spread is between Bitget and OKX: long PYTH on Bitget at $0.0719 and short on OKX at $0.0719 for +0.07% gross, or -0.09% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.007% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best PYTH route is to buy spot on Binance and short the perpetual on OKX: -0.08% gross, -0.28% net, with +0.023% a day of funding on the short leg.

Spot–spot PYTH arbitrage (buy on Binance, withdraw, deposit and sell on OKX) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small PYTH gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PYTH funding rates · PYTH spread charts · Pyth Network price · arbitrage scanner for all coins.

Is there a PYTH arbitrage opportunity right now?

The best PYTH route right now is to buy on Bitget → sell on OKX (Perp–Perp): +0.07% gross and -0.09% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PYTH?

Bitget (perp) has the lowest PYTH ask at $0.0719, and OKX (spot) the highest bid at $0.072. Prices update every 15 seconds on this page.

How many exchanges list PYTH?

ArbiLayer tracks 17 PYTH markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage PYTH without transferring coins?

Use two perpetual contracts: go long PYTH on the cheaper exchange (Bitget now) and short it on the more expensive one (OKX), then close both legs when the spread converges. The coins never move between exchanges.

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