Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: ApeX Omni against MEXC−0.029%96s7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.307% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.029%, 7d avg −0.149%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.120% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.149%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,356.7 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $16.2M | $1.2M | 100x |
| Short | ApeX Omni PAXGUSDT | 4,355.5 | 0.0100 | get 0.0013% / 1h | 31m 59s | $263K | $785K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- Price spread: −0.029% → −0.149%
- $12.03
- Slippage, 4 orders
- −$16.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$18.71
- Costs to cover
- 0.307%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 42 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 MEXC live order book, 2 min ago | 0.01 bp | 2.7 bp −$3 | 21.6 bp −$216 | 57.2 bp −$5,724 | 137.3 bp −$68.6K |
| Sell ApeX Omni live order book, 42 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 | 4,355.2 | −0.035% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,357.1 | +0.009% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,351.5 | −0.121% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,358.9 | +0.049% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,362.4 | +0.129% | $907K | $656K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.216% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0090% | 4h | 4,357.7 | +0.023% | $1.5M | $2.1M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,354.2 | −0.058% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,355.4 | −0.031% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,355.5 | −0.028% | $20.8M | $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 | 4,356.8 | +0.003% | $909K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,356.8 | +0.002% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,355.3 | −0.034% | $80.1M | $71.1M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,356.6 | −0.003% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0100% | 4h | 4,356.7 | long leg | $16.2M | $1.2M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,357.6 | +0.020% | $28.4M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,355.5 | −0.027% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,356.7 | 0.000% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,356.6 | −0.002% | $1.4M | $852K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.3 | +0.036% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0100% | 1h | 4,355.5 | −0.029% | $263K | $785K | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,355.7 | −0.023% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.062% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,354.3 | −0.057% | $382K | $1.7M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0136% | 1h | 4,358.3 | +0.036% | $42K | $157K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,355.5 | −0.029% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,355.7 | −0.023% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,366.2 | +0.217% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1024% | 1h | 4,366.2 | +0.218% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
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