Funding you earn now, next payment 07:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.043%
Price spread now: Hibachi against ApeX Omni+0.010%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.010%, 7d avg +0.022%
=Together, before fees+0.519%+ Points / potential airdropHibachi: Active · farm board+$52 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.514%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,317.2 | 0.0044 | pay 0.0006% / 1h | 1m 21s | $261K | $772K | 50x |
| Short | Hibachi PAXG/USDT-P | 4,317.6 | −0.0096 | pay 0.0012% / 1h | 1m 21s | $42K | $168K | 20x |
ApeX Omni PAXGUSDT
Hibachi PAXG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi 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
- −$29.43
- Price spread: +0.010% → +0.022%
- −$1.14
- Slippage, 4 orders
- −$34.34
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$83.92
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; Hibachi: live order book, 42 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, 42 min ago | 2.52 bp | 7.8 bp −$8 | 88.3 bp −$883 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 42 min ago | 0.07 bp | 18.1 bp −$18 | 53.1 bp −$531 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0176% | 1h | 4,315.1 | −0.049% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0108% | 4h | 4,317.2 | 0.000% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-Pshort | −0.0096% | 1h | 4,317.6 | +0.010% | $42K | $168K | 20x | |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,318 | +0.019% | $1.2M | $1.9M | 20x | as long as short |
| Extended PAXG-USD | −0.0008% | 1h | 4,315.9 | −0.029% | $374K | $716K | 25x | as long as short |
| Binance PAXGUSDT | −0.0006% | 4h | 4,317.3 | +0.002% | $79.6M | $75.2M | 75x | as long as short |
| MEXC PAXG_USDT | −0.0006% | 4h | 4,323 | +0.135% | $16.6M | $1.1M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | +0.016% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,318.6 | +0.033% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,314 | −0.073% | $2K | $3.3M | 20x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,321.9 | +0.110% | $7.9M | $846K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.1 | +0.067% | $902K | $775K | 75x | as long as short |
| Aster PAXGUSDT | +0.0009% | 4h | 4,318.8 | +0.037% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.698% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDTlong | +0.0044% | 1h | 4,317.2 | long leg | $261K | $772K | 50x | |
| Bitget PAXGUSDT | +0.0094% | 4h | 4,316.7 | −0.012% | $9.4M | $16.4M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,316.7 | −0.011% | $85K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,316.2 | −0.023% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317 | −0.004% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,318.4 | +0.029% | $1.0M | $316K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317.8 | +0.014% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,319.2 | +0.047% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,317.9 | +0.016% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,317.1 | −0.003% | $1.3M | $826K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.7 | +0.012% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.027% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,316.7 | −0.012% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,322.2 | +0.116% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0840% | 1h | 4,327.8 | +0.246% | $29K | $23K | 10x | as long as short |
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
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