Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.017%
Price spread now: ApeX Omni against HTX−0.145%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.145%, 7d avg −0.175%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.030% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,356.1 | 0 | get 0.0000% / 4h | 3h 10m | $905K | $646K | 75x |
| Short | ApeX Omni PAXGUSDT | 4,349.8 | 0.0100 | get 0.0013% / 1h | 10m 30s | $263K | $786K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against HTX. 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: −0.145% → −0.175%
- $2.97
- Slippage, 4 orders
- −$25.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$24.03
- Costs to cover
- 0.480%
- Break-even
- 15.0 days
Slippage from HTX: live order book, 63 min ago; ApeX Omni: live order book, 63 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 HTX live order book, 63 min ago | 0.01 bp | 20.4 bp −$20 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,350.8 | −0.123% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,353.6 | −0.058% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,347.5 | −0.197% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,354.5 | −0.038% | $7.9M | $875K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,356.1 | long leg | $905K | $646K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.203% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0046% | 4h | 4,350 | −0.142% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,350.2 | −0.135% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,350.6 | −0.127% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.5 | −0.107% | $20.7M | $2.1M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,351.8 | −0.099% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,352.3 | −0.088% | $1.0M | $366K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,351.3 | −0.111% | $80.3M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,353 | −0.072% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.2 | −0.113% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.2 | −0.067% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,352.3 | −0.088% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.2 | −0.091% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,351.6 | −0.104% | $1.4M | $845K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,351.6 | −0.103% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0100% | 1h | 4,349.8 | −0.145% | $263K | $786K | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,350.6 | −0.127% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,348 | −0.187% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,350.4 | −0.131% | $382K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0136% | 1h | 4,351.4 | −0.108% | $42K | $148K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,351.8 | −0.099% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,351.9 | −0.097% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,356.6 | +0.011% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0984% | 1h | 4,362 | +0.135% | $29K | $23K | 10x | as long as short |
HTX PAXG-USDT
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
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