Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: Injective against ApeX Omni+0.152%7-day average +0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.152%, 7d avg +0.101%
=The price spread pays, funding is against you. Injective is 0.051% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.101%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,340.7 | 0.0066 | pay 0.0008% / 1h | 36m 29s | $263K | $789K | 50x |
| Short | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | get 0.0004% / 1h | 36m 29s | $1K | $151K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$6.89
- Price spread: +0.152% → +0.101%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$11.79
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 27 min ago; Injective: no order-book sample. Net counts fees only.
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, 27 min ago | 2.78 bp | 8.0 bp −$8 | 70.4 bp −$704 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,340.8 | +0.002% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.1 | +0.102% | $15.6M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,337.9 | −0.065% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,345.6 | +0.112% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,346.9 | +0.144% | $904K | $656K | 75x | as long as short |
| Injective PAXG/USDC PERPshort | +0.0033% | 1h | 4,347.3 | +0.152% | $1K | $151K | 30x | |
| GRVT PAXG_USDT_Perp | +0.0048% | 4h | 4,341.5 | +0.019% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | +0.0048% | 1h | 4,342.3 | +0.038% | $42K | $154K | 20x | as long as short |
| ApeX Omni PAXGUSDTlong | +0.0066% | 1h | 4,340.7 | long leg | $263K | $789K | 50x | |
| Lighter PAXG | +0.0096% | 1h | 4,342.1 | +0.033% | $1.4M | $340K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343 | +0.052% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,343.9 | +0.074% | $20.8M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,343.8 | +0.071% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.1 | +0.078% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,343.1 | +0.056% | $80.1M | $70.5M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.5 | +0.088% | $15.0M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,343.6 | +0.068% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,345.3 | +0.106% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.1 | +0.079% | $9.6M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.8 | +0.071% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,343.8 | +0.073% | $1.3M | $802K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,338.4 | −0.053% | $12.4M | $104K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,341.9 | +0.028% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.039% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,342.4 | +0.040% | $382K | $1.4M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0173% | 1h | 4,343.6 | +0.066% | $1.3M | $1.4M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343 | +0.054% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,349.7 | +0.207% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0992% | 1h | 4,353.8 | +0.302% | $29K | $23K | 10x | as long as short |
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD