Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Variational Omni−0.050%7-day average −0.052% · 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)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.050%, 7d avg −0.052%
=Together, before fees−0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
| 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 | 2h 56m | $12.3M | $222K | — |
| Short | Phemex PAXGUSDT | 4,337 | 0.0100 | get 0.0050% / 4h | 2h 56m | $1.5M | $38K | 50x |
Variational Omni PAXG
Phemex PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.050% → −0.052%
- $0.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$11.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Phemex: live order book, 1 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 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 2.31 bp | 25.2 bp −$25 | doesn't fit | 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 | −0.0216% | 1h | 4,339.6 | +0.009% | $46K | $158K | 20x | as long as short |
| Lighter PAXG | −0.0136% | 1h | 4,338.9 | −0.008% | $1.4M | $365K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,341.1 | +0.044% | $1.3M | $1.5M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0037% | 1h | 4,338.9 | −0.006% | $262K | $786K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.020% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,342.4 | +0.074% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336.6 | −0.059% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,343.8 | +0.106% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341.7 | +0.058% | $904K | $691K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0002% | 4h | 4,339.9 | +0.017% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0032% | 1h | 4,338.8 | −0.009% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0032% | 4h | 4,341.9 | +0.063% | $16.2M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.187% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,339.9 | +0.017% | $80.1M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0073% | 4h | 4,339.8 | +0.015% | $905K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0077% | 1h | 4,340 | +0.018% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,341 | +0.042% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,340.5 | +0.030% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,342.1 | +0.067% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,341.3 | +0.049% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342.7 | +0.080% | $28.6M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,340.7 | +0.035% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,341.2 | +0.047% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,340.4 | +0.027% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,339.2 | long leg | $12.3M | $222K | — | |
| Phemex PAXGUSDTshort | +0.0100% | 4h | 4,337 | −0.050% | $1.5M | $38K | 50x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,340.1 | +0.021% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,342.3 | +0.072% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,350.1 | +0.251% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD