Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni−0.049%7-day average −0.003% · 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+0.040%+$4 · spread now −0.049%, 7d avg −0.003%
=Together, before fees+0.043%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.046% cheaper against Variational Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,357.6 | 0.0100 | pay 0.0050% / 4h | 34m 37s | $12.5M | $104K | — |
| Short | Hyperliquid PAXG | 4,355.5 | 0.0100 | get 0.0013% / 1h | 34m 37s | $20.4M | $1.8M | 10x |
Variational Omni PAXG
Hyperliquid PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0
- Price spread: −0.049% → −0.003%
- −$4.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13.6
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Hyperliquid: live order book, 8 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, 5 min ago | 2.82 bp | doesn't fit | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.12 bp | 4.7 bp −$5 | 6.0 bp −$60 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0007% | 1h | 4,347.3 | −0.237% | $1K | $151K | 30x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.3 | +0.015% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.1 | +0.010% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,353.2 | −0.101% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,360.7 | +0.071% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,361.5 | +0.088% | $910K | $639K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,354.7 | −0.069% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,355.2 | −0.057% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXGshort | +0.0100% | 1h | 4,355.5 | −0.049% | $20.4M | $1.8M | 10x | |
| Aster PAXGUSDT | +0.0100% | 4h | 4,356.9 | −0.018% | $909K | $30K | 50x | as long as short |
Injective PAXG/USDC PERP
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,357.2 | −0.010% | $1.0M | $339K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,355.5 | −0.049% | $79.9M | $68.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,357.9 | +0.005% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,356 | −0.037% | $16.1M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,357.6 | −0.002% | $27.3M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,355.8 | −0.042% | $9.8M | $14.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,357.2 | −0.011% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,358 | +0.007% | $1.4M | $971K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,357.6 | long leg | $12.5M | $104K | — | |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,357.5 | −0.003% | $1.6M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,355.2 | −0.056% | $263K | $795K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,356.2 | −0.033% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.084% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,355.1 | −0.060% | $378K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0152% | 1h | 4,357.1 | −0.012% | $48K | $141K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,355.8 | −0.042% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0286% | 1h | 4,358.2 | +0.012% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,361.4 | +0.087% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,367.1 | +0.217% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD