PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.035%

Price spread now: ApeX Omni against Hibachi−0.015%65s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$490.488% of the position

Long on Hibachi Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.522%−$52 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.015%, 7d avg −0.021%

Together, before fees−0.518%+ Points / potential airdropHibachi: Active · farm board−$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.522%, so the current rate has only just turned in your favour. The two prices were read 65 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	Hibachi PAXG/USDT-P	4,339.8	−0.0128	get 0.0016% / 1h	9m 41s	$42K	$155K	20x
Short	ApeX Omni PAXGUSDT	4,339.2	0.0064	get 0.0008% / 1h	9m 41s	$262K	$789K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hibachi. 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

Position, each leg$Hold fordaysFee HibachibpFee ApeX OmnibpOrdersPrice spread, now −0.015%Rate

Funding earned: $40.4
Price spread: −0.015% → −0.021%: $0.65
Slippage, 4 orders: −$29.77
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$7.71
Costs to cover: 0.488%
Break-even: 8.3 days

Slippage from Hibachi: live order book, 49 min ago; ApeX Omni: live order book, 49 min ago.

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 Hibachi live order book, 49 min ago	0.10 bp	15.3 bp −$15	50.0 bp −$500	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 49 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
Hibachi PAXG/USDT-Plong	−0.0128%	1h	4,339.8	long leg	$42K	$155K	20x
Lighter PAXG	−0.0016%	1h	4,339.9	+0.003%	$1.4M	$358K	25x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,342	+0.051%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,343.5	+0.085%	$15.6M	$3.4M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,335.7	−0.093%	$1K	$3.6M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,343.6	+0.087%	$7.9M	$868K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,346.5	+0.155%	$904K	$686K	75x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.173%	$1K	$151K	30x	as long as short
ApeX Omni PAXGUSDTshort	+0.0064%	1h	4,339.2	−0.015%	$262K	$789K	50x
GRVT PAXG_USDT_Perp	+0.0066%	4h	4,340.1	+0.007%	$1.5M	$1.9M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PAXG-USD-PERP	+0.0100%	8h	4,340.9	+0.027%	$81K	$3.7M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,339.1	−0.016%	$557	—	10x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,341.8	+0.046%	$20.8M	$2.4M	10x	as long as short
Aster PAXGUSDT	+0.0100%	4h	4,341.5	+0.039%	$906K	$26K	50x	as long as short
Pacifica PAXG	+0.0100%	1h	4,342.7	+0.067%	$1.0M	$340K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	4,340.7	+0.021%	$80.1M	$70.8M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,342.4	+0.059%	$14.9M	$3.8M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	4,342.9	+0.071%	$16.1M	$1.1M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,343.9	+0.095%	$28.6M	$5.4M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,342	+0.051%	$9.7M	$14.9M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,341.1	+0.031%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,341.6	+0.041%	$1.3M	$806K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,339.4	−0.008%	$12.3M	$227K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,341	+0.028%	$1.5M	$40K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	4,339.7	−0.001%	$379K	$1.5M	25x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,340.2	+0.009%	$21K	—	100x	as long as short
Kraken Futures PF_PAXGUSD	+0.0210%	1h	4,340.7	+0.020%	$1.3M	$1.4M	20x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0320%	1h	4,346.5	+0.154%	$968K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0864%	1h	4,350.2	+0.240%	$29K	$23K	10x	as long as short