Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.038%
Price spread now: Variational Omni against dYdX+0.019%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.019%, 7d avg +0.007%
=Together, before fees+0.168%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, 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 | 4,338.4 | 0 | get 0.0000% / 1h | 57m 40s | $101K | $12K | 5x |
| Short | Variational Omni PAXG | 4,339.2 | 0.0100 | get 0.0050% / 4h | 3h 57m | $12.3M | $227K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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: +0.019% → +0.007%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $12.24
- Costs to cover
- 0.100%
- Break-even
- 2.9 days
Slippage unknown: dYdX: live order book, 61 min ago; Variational Omni: RFQ quote, 2 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 dYdX live order book, 61 min ago | 10.37 bp | 15.4 bp −$15 | 31.1 bp −$311 | 198.0 bp −$19.8K | 994.2 bp −$497.1K |
| Sell Variational Omni RFQ quote, 2 min ago | 2.84 bp | doesn't fit | 7.1 bp −$71 | 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 | 4,334 | −0.100% | $1.4M | $359K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0136% | 1h | 4,338.8 | +0.010% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,338.4 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,338.5 | +0.003% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,331.6 | −0.156% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.5 | +0.050% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342 | +0.083% | $903K | $684K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.206% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0038% | 4h | 4,339.1 | +0.017% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0043% | 1h | 4,337 | −0.030% | $262K | $787K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.5 | −0.019% | $1.3M | $1.4M | 20x | as long as short |
| Binance PAXGUSDT | +0.0089% | 4h | 4,334.7 | −0.085% | $80.0M | $71.0M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0094% | 4h | 4,337.5 | −0.020% | $16.1M | $1.0M | 100x | as long as short |
| Extended PAXG-USD | +0.0096% | 1h | 4,334.7 | −0.084% | $378K | $1.4M | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,335.4 | −0.069% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,337.7 | −0.015% | $557 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,335.9 | −0.058% | $20.7M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,336.4 | −0.044% | $905K | $26K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,337.4 | −0.021% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,335.6 | −0.064% | $14.8M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,338.1 | −0.006% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,335.1 | −0.074% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.8 | −0.059% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337 | −0.032% | $1.3M | $800K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,339.2 | +0.019% | $12.3M | $227K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,333 | −0.123% | $1.5M | $40K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,336.8 | −0.036% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,341 | +0.061% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,348.9 | +0.243% | $29K | $23K | 10x | as long as short |
Variational Omni PAXG
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Kraken Futures PF_PAXGUSD
Binance PAXGUSDT
MEXC PAXG_USDT
Extended PAXG-USD
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD