Funding you earn now, next payment 05:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h −0.002%
Price spread now: Bitget against ApeX Omni+0.004%83s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.004%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 83 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 | ApeX Omni PAXGUSDT | 4,334.5 | −0.0068 | get 0.0009% / 1h | 24m 14s | $262K | $786K | 50x |
| Short | Bitget PAXGUSDT | 4,334.6 | 0.0100 | get 0.0050% / 4h | 3h 24m | $9.7M | $15.2M | 50x |
ApeX Omni PAXGUSDT
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against ApeX 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
- $35.3
- Price spread: +0.004% → +0.022%
- −$1.83
- Slippage, 4 orders
- −$9.69
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1.77
- Costs to cover
- 0.317%
- Break-even
- 6.6 days
Slippage from ApeX Omni: live order book, 30 min ago; Bitget: live order book, 4 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 ApeX Omni live order book, 30 min ago | 2.53 bp | 7.8 bp −$8 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.01 bp | 8.5 bp −$8 | 9.7 bp −$97 | 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 | −0.0168% | 1h | 4,335.1 | +0.016% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,332.7 | −0.040% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,335.3 | +0.018% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDTlong | −0.0068% | 1h | 4,334.5 | long leg | $262K | $786K | 50x | |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | +0.007% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.4 | +0.045% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.5 | −0.114% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.7 | +0.076% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.4 | +0.183% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.296% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0036% | 4h | 4,337.5 | +0.069% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0037% | 4h | 4,333.9 | −0.013% | $79.9M | $70.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,332.7 | −0.042% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,334.8 | +0.009% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0094% | 4h | 4,334.3 | −0.004% | $904K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,334.3 | −0.004% | $81K | $3.6M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | +0.003% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,334.1 | −0.008% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,336.2 | +0.040% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,334.8 | +0.008% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.1 | +0.060% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,334.6 | +0.004% | $9.7M | $15.2M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.9 | +0.010% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,334.8 | +0.008% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334 | −0.010% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,331 | −0.080% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.8 | −0.015% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.107% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0928% | 1h | 4,345.5 | +0.255% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD