Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.012%
Price spread now: Variational Omni against GRVT−0.005%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.005%, 7d avg −0.013%
=Together, before fees−0.005%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.012% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,318.8 | −0.0112 | get 0.0056% / 4h | 1h 37m | $1.5M | $2.0M | 10x |
| Short | Variational Omni PAXG | 4,318.6 | 0.0100 | get 0.0050% / 4h | 1h 37m | $12.3M | $221K | — |
GRVT PAXG_USDT_Perp
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- $44.52
- Price spread: −0.005% → −0.013%
- $0.76
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $36.28
- Costs to cover
- 0.090%
- Break-even
- 1.3 days
Slippage unknown: GRVT: live order book, 6 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 GRVT live order book, 6 min ago | 0.01 bp | 5.5 bp −$5 | 9.1 bp −$91 | 3029.7 bp −$303.0K | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.84 bp | doesn't fit | 8.9 bp −$89 | 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 | −0.0208% | 1h | 4,313.8 | −0.117% | $1.4M | $465K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,316.2 | −0.061% | $44K | $168K | 20x | as long as short |
| GRVT PAXG_USDT_Perplong | −0.0112% | 4h | 4,318.8 | long leg | $1.5M | $2.0M | 10x | |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,315.8 | −0.070% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0030% | 1h | 4,318.6 | −0.005% | $261K | $770K | 50x | as long as short |
| Binance PAXGUSDT | −0.0008% | 4h | 4,316.7 | −0.048% | $79.6M | $74.9M | 75x | as long as short |
| Extended PAXG-USD | −0.0008% | 1h | 4,314.8 | −0.093% | $378K | $746K | 25x | as long as short |
| MEXC PAXG_USDT | −0.0008% | 4h | 4,322.6 | +0.086% | $16.5M | $1.0M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.022% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.4 | −0.033% | $15.6M | $3.8M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
Binance PAXGUSDT
Extended PAXG-USD
MEXC PAXG_USDT
dYdX PAXG-USD
Gate PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,312 | −0.158% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,319.8 | +0.022% | $7.9M | $851K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,321.1 | +0.053% | $904K | $768K | 75x | as long as short |
| Aster PAXGUSDT | +0.0010% | 4h | 4,318.9 | +0.001% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.660% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,315.9 | −0.068% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.9 | −0.068% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,316.7 | −0.048% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,317.6 | −0.028% | $1.0M | $316K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317 | −0.042% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,318 | −0.020% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,316.2 | −0.060% | $9.4M | $16.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,317.2 | −0.037% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,316 | −0.065% | $1.3M | $813K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,318.6 | −0.005% | $12.3M | $221K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.065% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,316.1 | −0.063% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,318.1 | −0.017% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0784% | 1h | 4,327.2 | +0.194% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD