Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.006%
Price spread now: Variational Omni against Kraken Futures−0.072%7-day average −0.023% · 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)−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.072%, 7d avg −0.023%
=Together, before fees−0.193%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.049% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.023%). If the spread goes back, that is −$5 on $10k: about 8.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PAXGUSD | 4,349.4 | 0.0080 | pay 0.0010% / 1h | 28m 34s | $1.3M | $1.4M | 20x |
| Short | Variational Omni PAXG | 4,346.3 | 0.0100 | get 0.0050% / 4h | 1h 28m | $12.5M | $114K | — |
Kraken Futures PF_PAXGUSD
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kraken Futures. 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
- $4.19
- Price spread: −0.072% → −0.023%
- −$4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.68
- Costs to cover
- 0.100%
- Break-even
- 24.8 days
Slippage unknown: Kraken Futures: 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 Kraken Futures live order book, 5 min ago | 0.92 bp | 8.3 bp −$8 | 12.6 bp −$126 | 38.6 bp −$3,862 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.83 bp | doesn't fit | 8.3 bp −$83 | 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 | 4,347.3 | −0.050% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,349.5 | +0.002% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,342.1 | −0.169% | $2K | $4.0M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,351.5 | +0.047% | $7.9M | $865K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,350.5 | +0.024% | $909K | $653K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,337 | −0.286% | $1K | $121K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0064% | 1h | 4,347.2 | −0.052% | $47K | $139K | 20x | as long as short |
| Kraken Futures PF_PAXGUSDlong | +0.0080% | 1h | 4,349.4 | long leg | $1.3M | $1.4M | 20x | |
| Lighter PAXG | +0.0096% | 1h | 4,346.7 | −0.062% | $1.4M | $273K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,347.1 | −0.053% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
Lighter PAXG
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,347.7 | −0.040% | $20.3M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,347.8 | −0.037% | $907K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,348.5 | −0.022% | $1.0M | $348K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,347.6 | −0.042% | $80.1M | $67.3M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,348.4 | −0.024% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,345 | −0.102% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,349.6 | +0.004% | $26.8M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,348.1 | −0.031% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,347.4 | −0.046% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,348.2 | −0.028% | $1.4M | $954K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,346.3 | −0.072% | $12.5M | $114K | — | |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,346.6 | −0.065% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,346.1 | −0.077% | $263K | $797K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,347 | −0.056% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,343 | −0.148% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,346.7 | −0.062% | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,347.6 | −0.042% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,351.8 | +0.055% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1432% | 1h | 4,364.5 | +0.347% | $29K | $21K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD