Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.006%
Price spread now: BingX against ApeX Omni+0.045%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.045%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,311.2 | 0.0028 | pay 0.0003% / 1h | 23m 21s | $261K | $773K | 50x |
| Short | BingX PAXG-USDT | 4,313.2 | 0.0100 | get 0.0050% / 4h | 23m 21s | — | $6.8M | — |
ApeX Omni PAXGUSDT
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against ApeX 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
- $15.19
- Price spread: +0.045% → +0.039%
- $0.61
- Slippage, 4 orders
- −$6.63
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$10.83
- Costs to cover
- 0.266%
- Break-even
- 12.0 days
Slippage from ApeX Omni: live order book, 15 min ago; BingX: live order book, 4 min ago.
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 ApeX Omni live order book, 15 min ago | 2.72 bp | 8.1 bp −$8 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 9.0 bp −$901 | 25.7 bp −$12.8K |
PAXG on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0200% | 1h | 4,310.3 | −0.021% | $1.4M | $493K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,311.8 | +0.013% | $42K | $170K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0106% | 4h | 4,310.8 | −0.010% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,312.5 | +0.030% | $1.2M | $1.8M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.050% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,314.2 | +0.069% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,309.1 | −0.049% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,317.1 | +0.136% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,316.3 | +0.117% | $904K | $789K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0014% | 4h | 4,318.2 | +0.161% | $16.6M | $1.1M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0016% | 1h | 4,310.9 | −0.008% | $376K | $1.5M | 25x | as long as short |
| Binance PAXGUSDT | +0.0017% | 4h | 4,312.9 | +0.039% | $79.4M | $75.6M | 75x | as long as short |
| Aster PAXGUSDT | +0.0023% | 4h | 4,312.6 | +0.033% | $900K | $30K | 50x | as long as short |
| ApeX Omni PAXGUSDTlong | +0.0028% | 1h | 4,311.2 | long leg | $261K | $773K | 50x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.837% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0064% | 4h | 4,312.2 | +0.023% | $9.5M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,311.3 | +0.002% | $85K | $3.6M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,312.8 | +0.037% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,314.2 | +0.068% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,313.4 | +0.050% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,314.1 | +0.066% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,313.2 | +0.045% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,313.5 | +0.054% | $1.3M | $840K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,309.6 | −0.038% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.6 | +0.009% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | +0.018% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,312.2 | +0.022% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,313.8 | +0.060% | $953K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0952% | 1h | 4,323.7 | +0.290% | $29K | $23K | 10x | as long as short |
Extended PAXG-USD
Binance PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD