Funding you earn now, next payment 05:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against Variational Omni−0.024%73s7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.024%, 7d avg −0.024%
=Together, before fees−0.035%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 73 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 | Variational Omni PAXG | 4,339.2 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $12.3M | $227K | — |
| Short | ApeX Omni PAXGUSDT | 4,338.1 | 0.0049 | get 0.0006% / 1h | 56m 21s | $262K | $787K | 50x |
Variational Omni PAXG
ApeX Omni PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- −$10.79
- Price spread: −0.024% → −0.024%
- −$0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$20.81
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; ApeX Omni: live order book, 63 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 Variational Omni RFQ quote, 3 min ago | 2.84 bp | doesn't fit | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 min ago | 2.78 bp | 8.1 bp −$8 | 79.4 bp −$794 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT PAXG_USDT_Perp | −0.0196% | 4h | 4,338.6 | −0.014% | $1.5M | $1.9M | 10x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,333 | −0.144% | $1.4M | $362K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0136% | 1h | 4,336.6 | −0.059% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.4 | −0.019% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.8 | −0.055% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.1 | −0.233% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.6 | −0.036% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.2 | +0.070% | $904K | $684K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.187% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0049% | 1h | 4,338.1 | −0.024% | $262K | $787K | 50x |
GRVT PAXG_USDT_Perp
Lighter PAXG
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,335 | −0.096% | $1.3M | $1.4M | 20x | as long as short |
| Extended PAXG-USD | +0.0088% | 1h | 4,333 | −0.142% | $378K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0088% | 4h | 4,337.5 | −0.040% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0089% | 4h | 4,334.1 | −0.117% | $80.0M | $71.1M | 75x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,333.7 | −0.126% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | −0.106% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,334.9 | −0.099% | $20.7M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,334 | −0.121% | $904K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,335.8 | −0.078% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,335 | −0.097% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.2 | −0.045% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,335.2 | −0.092% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.8 | −0.102% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335.5 | −0.085% | $1.3M | $800K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,339.2 | long leg | $12.3M | $227K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,332 | −0.166% | $1.5M | $40K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.3 | −0.112% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,341 | +0.042% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1040% | 1h | 4,344.5 | +0.122% | $29K | $23K | 10x | as long as short |
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD