PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.053%

Price spread now: Coinbase International against Variational Omni+0.066%7-day average +0.088% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.225%+$22 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.066%, 7d avg +0.088%

Together, before fees+0.281%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.022% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.088%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PAXG	4,336.2	0.0100	pay 0.0050% / 4h	3h 10m	$12.3M	$222K	—
Short	Coinbase International PAXG-PERP-INTX	4,339.1	0.0296	get 0.0037% / 1h	10m 31s	$956K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.066%Rate

Funding earned: $41.16
Price spread: +0.066% → +0.088%: −$2.25
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $28.91
Costs to cover: 0.100%
Break-even: 2.1 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 3 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, 4 min ago	2.82 bp	doesn't fit	6.9 bp −$69	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	1.99 bp	7.0 bp −$7	16.1 bp −$161	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
Hibachi PAXG/USDT-P	−0.0176%	1h	4,336.7	+0.011%	$42K	$157K	20x	as long as short
Lighter PAXG	−0.0152%	1h	4,335.3	−0.023%	$1.4M	$368K	25x	as long as short
ApeX Omni PAXGUSDT	−0.0025%	1h	4,335.7	−0.013%	$262K	$786K	50x	as long as short
GRVT PAXG_USDT_Perp	−0.0008%	4h	4,337.6	+0.032%	$1.5M	$1.9M	10x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,338.3	+0.048%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,338.6	+0.054%	$15.6M	$3.4M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,332.2	−0.094%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,340.5	+0.098%	$7.9M	$843K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,340.3	+0.094%	$903K	$689K	75x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.255%	$1K	$151K	30x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0036%	4h	4,335.8	−0.011%	$79.9M	$70.4M	75x	as long as short
MEXC PAXG_USDT	+0.0036%	4h	4,338.7	+0.056%	$16.1M	$1.0M	100x	as long as short
Extended PAXG-USD	+0.0040%	1h	4,334.5	−0.040%	$379K	$1.5M	25x	as long as short
Kraken Futures PF_PAXGUSD	+0.0065%	1h	4,337.5	+0.029%	$1.3M	$1.4M	20x	as long as short
Aster PAXGUSDT	+0.0085%	4h	4,335.9	−0.008%	$905K	$27K	50x	as long as short
Paradex PAXG-USD-PERP	+0.0099%	8h	4,336.5	+0.006%	$81K	$3.4M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,334.7	−0.036%	$556	—	10x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,336.4	+0.004%	$20.8M	$2.3M	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,338.2	+0.045%	$1.0M	$340K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,337.1	+0.019%	$14.9M	$3.8M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,339.5	+0.075%	$28.6M	$5.2M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,337.2	+0.023%	$9.7M	$15.2M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,337	+0.017%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,337.4	+0.027%	$1.3M	$799K	50x	as long as short
Variational Omni PAXGlong	+0.0100%	4h	4,336.2	long leg	$12.3M	$222K	—
Phemex PAXGUSDT	+0.0100%	4h	4,335	−0.029%	$1.5M	$38K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,336.1	−0.005%	$21K	—	100x	as long as short
Coinbase International PAXG-PERP-INTXshort	+0.0296%	1h	4,339.1	+0.066%	$956K	$1.1M	50x
01 Exchange PAXGUSD	+0.0880%	1h	4,347.8	+0.266%	$29K	$24K	10x	as long as short