Funding you earn now, next payment 12:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.004%
Price spread now: Variational Omni against Binance−0.012%7-day average +0.012% · 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)+0.022%+$2 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.012%, 7d avg +0.012%
=Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.012%). If the spread goes back, that is −$2 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.022% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,303 | 0.0013 | pay 0.0006% / 4h | 3h 35m | $80.1M | $79.8M | 75x |
| Short | Variational Omni PAXG | 4,302.4 | 0.0100 | get 0.0050% / 4h | 3h 35m | $12.2M | $230K | — |
Binance PAXGUSDT
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- $18.32
- Price spread: −0.012% → +0.012%
- −$2.44
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $5.88
- Costs to cover
- 0.100%
- Break-even
- 4.8 days
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago | 0.01 bp | 5.0 bp −$5 | 5.4 bp −$54 | 9.6 bp −$956 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.84 bp | doesn't fit | 8.5 bp −$85 | 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 | −0.0192% | 1h | 4,301.1 | −0.043% | $1.4M | $615K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,304.5 | +0.035% | $42K | $172K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0166% | 4h | 4,304.3 | +0.032% | $1.5M | $1.9M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,303.6 | +0.015% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | −0.0006% | 1h | 4,302.8 | −0.004% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,304.6 | +0.038% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,298.2 | −0.111% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,306.9 | +0.093% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,308 | +0.118% | $904K | $818K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,310.3 | +0.170% | $16.8M | $1.2M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDTlong | +0.0013% | 4h | 4,303 | long leg | $80.1M | $79.8M | 75x | |
| Extended PAXG-USD | +0.0016% | 1h | 4,301.8 | −0.026% | $374K | $1.5M | 25x | as long as short |
| Aster PAXGUSDT | +0.0027% | 4h | 4,303.1 | +0.003% | $899K | $33K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0028% | 4h | 4,305.1 | +0.050% | $9.4M | $15.6M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +1.030% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0079% | 1h | 4,304.1 | +0.026% | $261K | $772K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,302.6 | −0.009% | $81K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,301.8 | −0.027% | $21.0M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,304.3 | +0.032% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,303 | +0.002% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,304.8 | +0.042% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,305.5 | +0.059% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,303 | +0.001% | $1.2M | $856K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,302.4 | −0.012% | $12.2M | $230K | — | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,302.6 | −0.008% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,303 | +0.001% | $1.5M | $67K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,302.3 | −0.016% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309 | +0.140% | $934K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0832% | 1h | 4,315.5 | +0.291% | $29K | $23K | 10x | as long as short |
Extended PAXG-USD
Aster PAXGUSDT
Bitget 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
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD