Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against Variational Omni−0.066%7-day average +0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 7 days+0.143%+$14 · spread now −0.066%, 7d avg +0.064%
=Together, before fees+0.073%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.131% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,329.7 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $12.3M | $222K | — |
| Short | Gate PAXG_USDT | 4,326.8 | 0 | get 0.0000% / 8h | 2h 33m | $15.6M | $3.5M | 100x |
Variational Omni PAXG
Gate PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.066% → +0.064%
- −$13.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.06
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 1 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 Variational Omni RFQ quote, 1 min ago | 2.82 bp | doesn't fit | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.04 bp | 10.6 bp −$11 | 14.1 bp −$141 | 28.4 bp −$2,844 | 62.4 bp −$31.2K |
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 | −0.0168% | 1h | 4,329.2 | −0.011% | $42K | $162K | 20x | as long as short |
| Lighter PAXG | −0.0128% | 1h | 4,322.5 | −0.166% | $1.4M | $385K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,324.5 | −0.119% | $1.3M | $1.6M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0018% | 1h | 4,329.3 | −0.008% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,330 | +0.007% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTshort | 0.0000% | 8h | 4,326.8 | −0.066% | $15.6M | $3.5M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,319.1 | −0.245% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,326.6 | −0.070% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,330.2 | +0.012% | $904K | $702K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0024% | 4h | 4,333.1 | +0.080% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
dYdX PAXG-USD
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 | +0.407% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0038% | 4h | 4,326.1 | −0.082% | $79.7M | $72.3M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0038% | 4h | 4,328.4 | −0.030% | $16.1M | $1.0M | 100x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,322 | −0.177% | $379K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0069% | 4h | 4,325.6 | −0.093% | $902K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0071% | 1h | 4,325.4 | −0.100% | $20.7M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,328.6 | −0.026% | $80K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,324 | −0.131% | $555 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,330.3 | +0.014% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,327 | −0.063% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,325.8 | −0.090% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,326.6 | −0.072% | $9.7M | $15.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,325.5 | −0.096% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,325.3 | −0.101% | $1.3M | $801K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,329.7 | long leg | $12.3M | $222K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,327 | −0.062% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,323.2 | −0.149% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,331 | +0.031% | $953K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,337 | +0.169% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
Binance PAXGUSDT
MEXC PAXG_USDT
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