Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h +0.024%
Price spread now: Variational Omni against Injective+0.187%7-day average −0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)−0.268%−$27 · spread now +0.187%, 7d avg −0.087%
=Together, before fees−0.194%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.274% dearer against Injective than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PAXG/USDC PERP | 4,347.3 | −0.0007 | get 0.0001% / 1h | 22m 47s | $1K | $151K | 30x |
| Short | Variational Omni PAXG | 4,355.4 | 0.0100 | get 0.0050% / 4h | 22m 47s | $12.5M | $102K | — |
Injective PAXG/USDC PERP
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $22.53
- Price spread: +0.187% → −0.087%
- $27.42
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $49.93
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.82 bp | doesn't fit | 8.9 bp −$89 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERPlong | −0.0007% | 1h | 4,347.3 | long leg | $1K | $151K | 30x | |
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.3 | +0.253% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.1 | +0.248% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,353.2 | +0.135% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,359.9 | +0.290% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,360.3 | +0.299% | $909K | $641K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,357.3 | +0.229% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,358.5 | +0.257% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,357.2 | +0.228% | $20.4M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,357 | +0.224% | $909K | $30K | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,358.6 | +0.261% | $1.0M | $339K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,358 | +0.246% | $80.1M | $69.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,359.1 | +0.272% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.5 | +0.235% | $16.1M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,359.9 | +0.289% | $27.3M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,358.3 | +0.252% | $9.8M | $14.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,356.7 | +0.216% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,357.5 | +0.234% | $1.4M | $971K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,355.4 | +0.187% | $12.5M | $102K | — | |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,355.2 | +0.183% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,354.9 | +0.175% | $263K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,355.9 | +0.198% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,358 | +0.246% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,355.7 | +0.193% | $378K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0128% | 1h | 4,355.8 | +0.196% | $48K | $143K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,357 | +0.222% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0286% | 1h | 4,357.7 | +0.239% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,361.7 | +0.331% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0976% | 1h | 4,366.8 | +0.449% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD