Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.053%
Price spread now: Variational Omni against Coinbase International−0.030%7-day average −0.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.214%−$21 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now −0.030%, 7d avg −0.086%
=Together, before fees−0.281%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.056% dearer against Coinbase International than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.086%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PAXG-PERP-INTX | 4,349.6 | 0.0304 | pay 0.0038% / 1h | 13m 37s | $972K | $1.1M | 50x |
| Short | Variational Omni PAXG | 4,348.3 | 0.0100 | get 0.0050% / 4h | 3h 13m | $12.5M | $104K | — |
Coinbase International PAXG-PERP-INTX
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$42.84
- Price spread: −0.030% → −0.086%
- $5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$47.27
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Coinbase International live order book, 5 min ago | 2.19 bp | 7.2 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.83 bp | doesn't fit | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,350.8 | +0.027% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,353.1 | +0.080% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,347.9 | −0.040% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,356.1 | +0.149% | $7.9M | $875K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,357.6 | +0.183% | $905K | $647K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.053% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0046% | 4h | 4,350.9 | +0.029% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,350 | +0.010% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,350.5 | +0.021% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.6 | +0.046% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,352.2 | +0.059% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,352.6 | +0.069% | $1.0M | $366K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,350.7 | +0.026% | $80.3M | $71.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,352 | +0.055% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.2 | +0.036% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.3 | +0.086% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,351.8 | +0.049% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.9 | +0.075% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,353.3 | +0.084% | $1.4M | $844K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,348.3 | −0.030% | $12.5M | $104K | — | |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,349.8 | +0.005% | $263K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.7 | +0.048% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,353 | +0.078% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,350.1 | +0.013% | $382K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0152% | 1h | 4,349.7 | +0.003% | $42K | $146K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,350.8 | +0.029% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,353.3 | +0.086% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTXlong | +0.0304% | 1h | 4,349.6 | long leg | $972K | $1.1M | 50x | |
| 01 Exchange PAXGUSD | +0.0984% | 1h | 4,361.9 | +0.283% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
01 Exchange PAXGUSD