Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against Injective−0.445%108s7-day average −0.134% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.445%, 7d avg −0.134%
=Funding pays, the price is against you. ApeX Omni is 0.311% cheaper against Injective than usual: you would sell low and buy high (spread −0.445% now, against its 7-day average of −0.134%). If the spread goes back, that is −$31 on $10k: about 16 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.068% in total) that is about 32 days. The two prices were read 108 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 | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | pay 0.0004% / 1h | 3m 38s | $1K | $151K | 30x |
| Short | ApeX Omni PAXGUSDT | 4,328 | 0.0100 | get 0.0013% / 1h | 3m 38s | $262K | $796K | 50x |
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: −0.445% → −0.134%
- −$31.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$27.08
- Costs to cover
- 0.100%
- Break-even
- 20.5 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 43 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 43 min ago | 2.78 bp | 8.0 bp −$8 | 77.4 bp −$774 | doesn't fit | doesn't fit |
Injective: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0253% | 1h | 4,329.1 | −0.418% | $116K | $16K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,328.5 | −0.432% | $15.6M | $4.1M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,324.2 | −0.532% | $2K | $2.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,331 | −0.376% | $7.9M | $203K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,332.2 | −0.348% | $912K | $825K | 75x | as long as short |
| Lighter PAXG | +0.0008% | 1h | 4,325.5 | −0.501% | $1.4M | $500K | 25x | as long as short |
| Injective PAXG/USDC PERPlong | +0.0033% | 1h | 4,347.3 | long leg | $1K | $151K | 30x | |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,325.6 | −0.500% | $80K | $4.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,327.5 | −0.455% | $21.3M | $2.5M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,328.4 | −0.434% | $904K | $42K | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,328.3 | −0.437% | $1.0M | $330K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,326.2 | −0.484% | $80.2M | $80.4M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,327.4 | −0.458% | $14.8M | $4.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,332.1 | −0.349% | $16.5M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,329.9 | −0.400% | $28.9M | $6.0M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,326.2 | −0.484% | $9.2M | $16.8M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,328.2 | −0.438% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,327.5 | −0.456% | $1.2M | $867K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,327.8 | −0.448% | $12.2M | $278K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,328.7 | −0.428% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0100% | 1h | 4,328 | −0.445% | $262K | $796K | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,327.6 | −0.453% | $555 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,325 | −0.513% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,325.2 | −0.508% | $375K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0187% | 1h | 4,328.1 | −0.442% | $1.2M | $2.1M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,326.6 | −0.476% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0264% | 1h | 4,331.7 | −0.359% | $933K | $1.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0288% | 1h | 4,327.6 | −0.454% | $47K | $180K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.0976% | 1h | 4,337.1 | −0.235% | $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
Variational Omni PAXG
GRVT PAXG_USDT_Perp
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
Hibachi PAXG/USDT-P
01 Exchange PAXGUSD