Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.036%
Price spread now: ApeX Omni against dYdX−0.007%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.007%, 7d avg −0.025%
=The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,343.8 | 0 | get 0.0000% / 1h | 1m 30s | $101K | $12K | 5x |
| Short | ApeX Omni PAXGUSDT | 4,343.5 | 0.0100 | get 0.0013% / 1h | 1m 30s | $263K | $791K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against dYdX. 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
- $21
- Price spread: −0.007% → −0.025%
- $1.82
- Slippage, 4 orders
- −$33.43
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$30.62
- Costs to cover
- 0.534%
- Break-even
- 17.2 days
Slippage from dYdX: live order book, 2 min ago; ApeX Omni: live order book, 67 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 dYdX live order book, 2 min ago | 13.82 bp | 18.8 bp −$19 | 33.8 bp −$338 | 233.1 bp −$23.3K | 1113.0 bp −$556.5K |
| Sell ApeX Omni live order book, 67 min ago | 2.61 bp | 7.9 bp −$8 | 79.8 bp −$798 | 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-USDlong | 0.0000% | 1h | 4,343.8 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,346.7 | +0.067% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.075% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,348.8 | +0.115% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,347.7 | +0.089% | $904K | $644K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.081% | $1K | $151K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0040% | 1h | 4,346.4 | +0.059% | $42K | $156K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0062% | 4h | 4,345.8 | +0.047% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,343.4 | −0.009% | $1.4M | $305K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343.3 | −0.011% | $80K | $3.7M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,344.8 | +0.023% | $20.7M | $2.2M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,344 | +0.005% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345.4 | +0.036% | $1.0M | $342K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,344.1 | +0.008% | $80.0M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,345.4 | +0.037% | $15.1M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,344.8 | +0.024% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346.8 | +0.070% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.3 | +0.012% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,345.6 | +0.042% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,345.8 | +0.047% | $1.3M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,344.6 | +0.018% | $12.5M | $109K | — | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0100% | 1h | 4,343.5 | −0.007% | $263K | $791K | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,344.9 | +0.025% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,344 | +0.005% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,342.6 | −0.028% | $378K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,344.7 | +0.021% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,345.9 | +0.048% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,348.8 | +0.115% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,354.6 | +0.249% | $29K | $23K | 10x | as long as short |
ApeX Omni PAXGUSDT
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 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