Funding you earn now, next payment 06:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Lighter+0.018%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.007%+$1 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.018%, 7d avg +0.006%
=Together, before fees−0.062%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PAXG | 4,342 | −0.0064 | get 0.0008% / 1h | 50m 08s | $1.4M | $365K | 25x |
| Short | Variational Omni PAXG | 4,342.8 | 0.0100 | get 0.0050% / 4h | 2h 50m | $12.3M | $222K | — |
Lighter PAXG
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $34.44
- Price spread: +0.018% → +0.006%
- $1.17
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $35.61
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 1 min ago; Variational Omni: RFQ quote, 4 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 Lighter live order book, 1 min ago | 0.93 bp | 1.0 bp −$1 | 3.1 bp −$31 | 19.4 bp −$1,943 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.84 bp | doesn't fit | 8.4 bp −$84 | 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 | −0.0200% | 1h | 4,343.5 | +0.035% | $46K | $158K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,344.2 | +0.050% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXGlong | −0.0064% | 1h | 4,342 | long leg | $1.4M | $365K | 25x | |
| ApeX Omni PAXGUSDT | −0.0021% | 1h | 4,338.3 | −0.085% | $262K | $784K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | −0.004% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.3 | +0.076% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.035% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.3 | +0.122% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.9 | +0.067% | $905K | $691K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0008% | 4h | 4,340.6 | −0.032% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.122% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,344.5 | +0.058% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0039% | 4h | 4,343.4 | +0.032% | $80.2M | $70.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,342.2 | +0.004% | $379K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0076% | 4h | 4,343.3 | +0.030% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0092% | 1h | 4,343.4 | +0.032% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,343.8 | +0.041% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | +0.020% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.8 | +0.064% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,343.7 | +0.039% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346.1 | +0.094% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343.2 | +0.028% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.6 | +0.036% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344 | +0.044% | $1.3M | $793K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,342.8 | +0.018% | $12.3M | $222K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.070% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,342.8 | +0.018% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.127% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.2 | +0.281% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
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
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD