Settings8H · net · $10k
Funding arb · Price arb /

PAXG

all PAXG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.027%
Price spread now: Reya against Variational Omni−0.020%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,3170.0100pay 0.0050% / 4h1h 33m$12.2M$221K
ShortReya PAXGRUSDPERP4,316.10.0189get 0.0024% / 1h33m 59s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$18.79
Price spread: −0.020% → 0.000%
−$1.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.8
Costs to cover
0.060%
Break-even
3.0 days
Slippage unknown: Variational Omni: RFQ quote, just now; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, just now2.84 bpdoesn't fit7.2 bp −$72doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PAXG on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PAXG−0.0192%1h4,315.3−0.039%$1.4M$465K25xas long as short
Hibachi PAXG/USDT-P−0.0160%1h4,317.7+0.016%$44K$168K20xas long as short
GRVT PAXG_USDT_Perp−0.0120%4h4,316.8−0.005%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,318+0.023%$1.2M$1.9M20xas long as short
ApeX Omni PAXGUSDT−0.0034%1h4,315.6−0.033%$261K$771K50xas long as short
Extended PAXG-USD−0.0008%1h4,316−0.023%$378K$654K25xas long as short
MEXC PAXG_USDT−0.0008%4h4,322.6+0.131%$16.5M$1.0M100xas long as short
Binance PAXGUSDT−0.0007%4h4,317.5+0.011%$79.6M$74.9M75xas long as short
dYdX PAXG-USD0.0000%1h4,317.9+0.021%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,319+0.046%$15.6M$3.8M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PAXG-USDT0.0000%4h4,313.4−0.083%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321.4+0.103%$7.9M$851K50xas long as short
HTX PAXG-USDT0.0000%4h4,320.1+0.071%$904K$770K75xas long as short
Aster PAXGUSDT+0.0011%4h4,319.1+0.049%$901K$27K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.702%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,316.3−0.015%$85K$3.2M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,316−0.023%$55410xas long as short
Hyperliquid PAXG+0.0100%1h4,317.8+0.019%$20.7M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,318.2+0.029%$1.0M$316K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,318.4+0.031%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,319.1+0.049%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,317.4+0.010%$9.4M$16.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,318.1+0.026%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,317.9+0.022%$1.3M$814K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,317long leg$12.2M$221K
Phemex PAXGUSDT+0.0100%4h4,316−0.023%$1.5M$52K50xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,316.1−0.020%$20K100x
Coinbase International PAXG-PERP-INTX+0.0232%1h4,318.1+0.025%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0792%1h4,327.4+0.241%$29K$23K10xas long as short