Funding you earn now, next payment 06:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h −0.001%
Price spread now: Bitget against ApeX Omni+0.005%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.005%, 7d avg +0.023%
=The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$4 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 | 4,315.7 | −0.0039 | get 0.0005% / 1h | 20m 52s | $261K | $783K | 50x |
| Short | Bitget PAXGUSDT | 4,315.9 | 0.0100 | get 0.0050% / 4h | 2h 20m | $9.6M | $15.8M | 50x |
ApeX Omni PAXGUSDT
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $29.23
- Price spread: +0.005% → +0.023%
- −$1.8
- Slippage, 4 orders
- −$9.43
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$3.99
- Costs to cover
- 0.314%
- Break-even
- 8.0 days
Slippage from ApeX Omni: live order book, 28 min ago; Bitget: live order book, 3 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, 28 min ago | 2.79 bp | 8.1 bp −$8 | 92.8 bp −$928 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 8.3 bp −$8 | 10.1 bp −$101 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,320.9 | +0.121% | $40K | $165K | 20x | as long as short |
| Lighter PAXG | −0.0152% | 1h | 4,315.4 | −0.007% | $1.4M | $388K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,317.3 | +0.037% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDTlong | −0.0039% | 1h | 4,315.7 | long leg | $261K | $783K | 50x | |
| GRVT PAXG_USDT_Perp | −0.0032% | 4h | 4,319.2 | +0.080% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.1 | +0.125% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,318.4 | +0.062% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,313.3 | −0.057% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,321.3 | +0.129% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.4 | +0.109% | $900K | $730K | 75x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0024% | 1h | 4,315.2 | −0.012% | $377K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0026% | 4h | 4,319.3 | +0.083% | $16.4M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0027% | 4h | 4,316.3 | +0.014% | $79.5M | $73.9M | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.732% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0053% | 4h | 4,319.3 | +0.083% | $901K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0077% | 1h | 4,316.8 | +0.025% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,319.1 | +0.079% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,318.1 | +0.055% | $554 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,320.6 | +0.113% | $1.0M | $349K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317.4 | +0.039% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,318.6 | +0.068% | $28.4M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,315.9 | +0.005% | $9.6M | $15.8M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,317.3 | +0.037% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,317.6 | +0.044% | $1.3M | $814K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.2 | +0.034% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,314 | −0.040% | $1.5M | $41K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,317.3 | +0.037% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,321.3 | +0.130% | $950K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0816% | 1h | 4,330 | +0.331% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD