Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%
Price spread now: Variational Omni against SunX+0.166%7-day average +0.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.166%, 7d avg +0.106%
=Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.061% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PAXG-USDT | 4,296.5 | 0 | get 0.0000% / 4h | 1m 43s | $2K | $3.2M | 20x |
| Short | Variational Omni PAXG | 4,303.7 | 0.0100 | get 0.0050% / 4h | 1m 43s | $12.2M | $219K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SunX. 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: +0.166% → +0.106%
- $6.06
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $19.06
- Costs to cover
- 0.080%
- Break-even
- 0.6 days
Slippage unknown: SunX: 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 SunX live order book, 6 min ago | 21.54 bp | 38.3 bp −$38 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.84 bp | doesn't fit | 9.2 bp −$92 | 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 | −0.0192% | 1h | 4,298.9 | +0.056% | $1.4M | $608K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,303.3 | +0.157% | $42K | $171K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0122% | 4h | 4,304.5 | +0.186% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,301 | +0.105% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,302.5 | +0.139% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,302.5 | +0.139% | $15.5M | $3.9M | 100x | as long as short |
| SunX PAXG-USDTlong | 0.0000% | 4h | 4,296.5 | long leg | $2K | $3.2M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,305.5 | +0.208% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,308 | +0.268% | $903K | $802K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0022% | 4h | 4,306.6 | +0.235% | $16.6M | $1.2M | 100x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0023% | 4h | 4,301 | +0.104% | $80.0M | $78.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,300.1 | +0.084% | $377K | $1.6M | 25x | as long as short |
| ApeX Omni PAXGUSDT | +0.0027% | 1h | 4,304 | +0.174% | $261K | $773K | 50x | as long as short |
| Aster PAXGUSDT | +0.0029% | 4h | 4,301.1 | +0.106% | $897K | $29K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +1.182% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0036% | 4h | 4,300.6 | +0.096% | $9.5M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,301.5 | +0.115% | $85K | $4.1M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,300.5 | +0.093% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,302.4 | +0.137% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,301.4 | +0.114% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,302.9 | +0.149% | $28.5M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,301.9 | +0.126% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,301.5 | +0.116% | $1.2M | $844K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,303.7 | +0.166% | $12.2M | $219K | — | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,301.4 | +0.114% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,301 | +0.104% | $1.5M | $66K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,300.4 | +0.091% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,308 | +0.268% | $946K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0904% | 1h | 4,312.2 | +0.365% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
Variational Omni PAXG
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
ApeX Omni PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD