Funding you earn now, next payment 10:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.002%
Price spread now: ApeX Omni against MEXC−0.019%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.019%, 7d avg −0.142%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.123% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.142%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,324.1 | 0.0026 | pay 0.0013% / 4h | 2h 55m | $16.6M | $1.3M | 100x |
| Short | ApeX Omni PAXGUSDT | 4,323.3 | 0.0069 | get 0.0009% / 1h | 55m 06s | $261K | $805K | 50x |
MEXC PAXG_USDT
ApeX Omni PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- $8.95
- Price spread: −0.019% → −0.142%
- $12.31
- Slippage, 4 orders
- −$13.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$6.57
- Costs to cover
- 0.278%
- Break-even
- 12.1 days
Slippage from MEXC: live order book, 3 min ago; ApeX Omni: live order book, 39 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 MEXC live order book, 3 min ago | 0.05 bp | 2.5 bp −$3 | 10.0 bp −$100 | 50.9 bp −$5,087 | 109.2 bp −$54.6K |
| Sell ApeX Omni live order book, 39 min ago | 2.51 bp | 7.8 bp −$8 | 67.6 bp −$676 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0056% | 1h | 4,317 | −0.166% | $1.4M | $500K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0030% | 4h | 4,326.2 | +0.047% | $1.5M | $2.0M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,325 | +0.019% | $115K | $15K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.8 | −0.100% | $15.6M | $3.9M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,315.2 | −0.207% | $2K | $3.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,323.3 | −0.019% | $7.9M | $428K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.6 | +0.034% | $910K | $825K | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.0016% | 1h | 4,323 | −0.025% | $41K | $190K | 20x | as long as short |
| Bitget PAXGUSDT | +0.0024% | 4h | 4,317.9 | −0.144% | $9.2M | $16.4M | 50x | as long as short |
| MEXC PAXG_USDTlong | +0.0026% | 4h | 4,324.1 | long leg | $16.6M | $1.3M | 100x |
Lighter PAXG
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Hibachi PAXG/USDT-P
Bitget PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0029% | 4h | 4,317.9 | −0.145% | $80.0M | $82.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0032% | 1h | 4,317.8 | −0.147% | $375K | $1.5M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.536% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0045% | 4h | 4,320 | −0.096% | $904K | $38K | 50x | as long as short |
| ApeX Omni PAXGUSDTshort | +0.0069% | 1h | 4,323.3 | −0.019% | $261K | $805K | 50x | |
| Kraken Futures PF_PAXGUSD | +0.0085% | 1h | 4,319.6 | −0.105% | $1.2M | $2.1M | 20x | as long as short |
| Paradex PAXG-USD-PERP | +0.0087% | 8h | 4,319 | −0.119% | $80K | $4.4M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317.7 | −0.149% | $21.2M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,323.1 | −0.024% | $1.0M | $309K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,318 | −0.141% | $14.9M | $4.6M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321 | −0.073% | $28.8M | $5.5M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,318.6 | −0.129% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,317.8 | −0.146% | $1.2M | $863K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,321.7 | −0.056% | $12.2M | $293K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.2 | −0.091% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,315 | −0.211% | $1.5M | $80K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,318.7 | −0.124% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,330.6 | +0.150% | $933K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1952% | 1h | 4,331.7 | +0.175% | $29K | $24K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Injective PAXG/USDC PERP
Aster PAXGUSDT
Kraken Futures PF_PAXGUSD
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD