Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against BingX−0.075%113s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.075%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.036% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.039%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,364.9 | 0.0100 | pay 0.0050% / 4h | 3h 59m | — | $6.8M | — |
| Short | ApeX Omni PAXGUSDT | 4,361.6 | 0.0100 | get 0.0013% / 1h | 59m 39s | $264K | $793K | 50x |
BingX PAXG-USDT
ApeX Omni PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- Price spread: −0.075% → −0.039%
- −$3.65
- Slippage, 4 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$30.64
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; ApeX Omni: live order book, 14 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 BingX live order book, 13 min ago | 0.30 bp | 5.7 bp −$6 | 7.3 bp −$73 | 10.0 bp −$1,003 | 23.9 bp −$11.9K |
| Sell ApeX Omni live order book, 14 min ago | 2.77 bp | 8.0 bp −$8 | 76.1 bp −$761 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0007% | 1h | 4,347.3 | −0.402% | $1K | $151K | 30x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,362.4 | −0.056% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,366.3 | +0.033% | $15.8M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,360.6 | −0.097% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,368.2 | +0.077% | $8.0M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,367.6 | +0.062% | $912K | $654K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,363.6 | −0.030% | $1.4M | $262K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,364.1 | −0.018% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,364.1 | −0.017% | $20.5M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,364.9 | +0.001% | $910K | $30K | 50x | as long as short |
Injective PAXG/USDC PERP
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,365.4 | +0.012% | $1.0M | $365K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,364.8 | −0.001% | $80.1M | $70.1M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,365.5 | +0.014% | $15.2M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,361 | −0.090% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,366.9 | +0.047% | $28.5M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,363.6 | −0.029% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,364.9 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,365.3 | +0.009% | $1.4M | $972K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,365.6 | +0.016% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,361.4 | −0.079% | $1.5M | $2.1M | 10x | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0100% | 1h | 4,361.6 | −0.075% | $264K | $793K | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,364.1 | −0.017% | $560 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,361 | −0.088% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,363.4 | −0.033% | $379K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0144% | 1h | 4,365.2 | +0.007% | $42K | $155K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,365.4 | +0.013% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0285% | 1h | 4,365.9 | +0.023% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,367.6 | +0.063% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0960% | 1h | 4,375.6 | +0.246% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD