Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Variational Omni−0.136%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.136% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,301.7 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $12.2M | $230K | — |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,295.9 | 0.0100 | get 0.0050% / 4h | 3h 27m | $551 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.136% → 0.000%
- −$13.58
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.58
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Orderly: no order-book sample. 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 | 2.83 bp | doesn't fit | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | −0.0184% | 1h | 4,294.5 | −0.168% | $1.4M | $620K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,299.4 | −0.055% | $42K | $175K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0122% | 4h | 4,302.6 | +0.020% | $1.5M | $1.9M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,296.3 | −0.126% | $1.2M | $1.8M | 20x | as long as short |
| dYdX PAXG-USD | −0.0011% | 1h | 4,302.6 | +0.019% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,298.6 | −0.073% | $15.6M | $3.9M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,291.3 | −0.242% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,300.9 | −0.020% | $7.9M | $600K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,303 | +0.028% | $904K | $822K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,305.7 | +0.092% | $16.7M | $1.2M | 100x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0012% | 4h | 4,296.1 | −0.131% | $79.9M | $80.7M | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,295.3 | −0.150% | $373K | $1.5M | 25x | as long as short |
| Bitget PAXGUSDT | +0.0026% | 4h | 4,296 | −0.134% | $9.5M | $16.0M | 50x | as long as short |
| Aster PAXGUSDT | +0.0027% | 4h | 4,298.7 | −0.072% | $898K | $37K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +1.059% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0074% | 1h | 4,302.6 | +0.020% | $261K | $772K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0094% | 8h | 4,297.5 | −0.098% | $81K | $4.4M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,295.6 | −0.143% | $21.0M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,298.8 | −0.068% | $1.0M | $303K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,296.1 | −0.132% | $14.8M | $4.4M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,298.5 | −0.076% | $28.6M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,297.7 | −0.094% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,296.3 | −0.127% | $1.2M | $860K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,301.7 | long leg | $12.2M | $230K | — | |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,295.9 | −0.136% | $551 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,297 | −0.110% | $1.5M | $68K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,294.8 | −0.161% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,300 | −0.040% | $932K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0840% | 1h | 4,307.2 | +0.127% | $29K | $23K | 10x | as long as short |
Variational Omni PAXG
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Bitget PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD