Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Variational Omni against Lighter−0.002%7-day average +0.005% · 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)+0.003%$0 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.002%, 7d avg +0.005%
=Together, before fees−0.057%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PAXG | 4,338.5 | 0.0096 | pay 0.0012% / 1h | 39m 29s | $1.4M | $339K | 25x |
| Short | Variational Omni PAXG | 4,338.4 | 0.0100 | get 0.0050% / 4h | 1h 39m | $12.4M | $104K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $0.84
- Price spread: −0.002% → +0.005%
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.17
- Costs to cover
- 0.000%
- Break-even
- 5.6 days
Slippage unknown: Lighter: live order book, 7 min ago; Variational Omni: RFQ quote, 5 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 Lighter live order book, 7 min ago | 1.14 bp | 1.2 bp −$1 | 2.4 bp −$24 | 21.3 bp −$2,127 | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.82 bp | doesn't fit | 6.9 bp −$69 | 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 | 4,340.8 | +0.053% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.6 | +0.072% | $15.6M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,334.4 | −0.094% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,342.6 | +0.095% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.8 | +0.146% | $904K | $652K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.203% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0048% | 4h | 4,339.2 | +0.017% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | +0.0048% | 1h | 4,339.3 | +0.019% | $42K | $154K | 20x | as long as short |
| ApeX Omni PAXGUSDT | +0.0058% | 1h | 4,338.7 | +0.005% | $263K | $789K | 50x | as long as short |
| Lighter PAXGlong | +0.0096% | 1h | 4,338.5 | long leg | $1.4M | $339K | 25x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,339 | +0.013% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,340.8 | +0.053% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,340 | +0.035% | $905K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,340.9 | +0.055% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,340 | +0.035% | $80.0M | $70.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,340.8 | +0.053% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,340.8 | +0.053% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342.5 | +0.093% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,341 | +0.057% | $9.6M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,341 | +0.057% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,340 | +0.035% | $1.3M | $803K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,338.4 | −0.002% | $12.4M | $104K | — | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,338.2 | −0.007% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,336 | −0.057% | $1.5M | $40K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,338.8 | +0.008% | $382K | $1.4M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0173% | 1h | 4,340.1 | +0.037% | $1.3M | $1.4M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,341 | +0.058% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,349.7 | +0.258% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,350.5 | +0.277% | $29K | $23K | 10x | as long as short |
Lighter PAXG
Variational Omni 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
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
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD