Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: dYdX against ApeX Omni−0.043%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.043%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,323.5 | −0.0001 | get 0.0000% / 1h | 57m 24s | $261K | $782K | 50x |
| Short | dYdX PAXG-USD | 4,321.6 | 0 | get 0.0000% / 1h | 57m 24s | $101K | $12K | 5x |
ApeX Omni PAXGUSDT
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $0.15
- Price spread: −0.043% → +0.026%
- −$6.84
- Slippage, 4 orders
- −$26.92
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$53.61
- Costs to cover
- 0.469%
- Break-even
- 2488.7 days
Slippage from ApeX Omni: live order book, 51 min ago; dYdX: live order book, 51 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, 51 min ago | 2.79 bp | 8.1 bp −$8 | 92.8 bp −$928 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 51 min ago | 10.36 bp | 15.4 bp −$15 | 95.6 bp −$956 | 165.8 bp −$16.6K | 867.4 bp −$433.7K |
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 | −0.0208% | 1h | 4,317.7 | −0.134% | $1.4M | $392K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0136% | 1h | 4,321.8 | −0.040% | $44K | $167K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0076% | 4h | 4,324.1 | +0.014% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,321.5 | −0.045% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDTlong | −0.0001% | 1h | 4,323.5 | long leg | $261K | $782K | 50x | |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,321.6 | −0.043% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321.4 | −0.048% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.1 | −0.124% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,326 | +0.059% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,328.6 | +0.117% | $902K | $748K | 75x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0006% | 4h | 4,324.9 | +0.032% | $16.5M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0008% | 4h | 4,319.3 | −0.098% | $79.7M | $74.3M | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,317.8 | −0.132% | $376K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0030% | 4h | 4,320 | −0.081% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.551% | $1K | $151K | 30x | as long as short |
| Hyperliquid PAXG | +0.0080% | 1h | 4,319.7 | −0.088% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,319.7 | −0.087% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,319.4 | −0.095% | $554 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.5 | −0.046% | $1.0M | $320K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,320.4 | −0.071% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,322 | −0.035% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,319.2 | −0.100% | $9.3M | $16.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,320 | −0.080% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,321.8 | −0.040% | $1.3M | $810K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,323.7 | +0.004% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,319 | −0.104% | $1.5M | $46K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.1 | −0.101% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,333.5 | +0.230% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,330.7 | +0.167% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Injective PAXG/USDC PERP
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD