Funding you earn now, next payment 07:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.006%
Price spread now: ApeX Omni against MEXC−0.105%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.105%, 7d avg −0.144%
=The price spread pays, funding is against you. ApeX Omni is 0.040% dearer against MEXC than usual: you sell high and buy low (spread −0.105% now, against its 7-day average of −0.144%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,322.3 | 0 | get 0.0000% / 4h | 1h 51m | $16.5M | $1.0M | 100x |
| Short | ApeX Omni PAXGUSDT | 4,317.8 | −0.0062 | pay 0.0008% / 1h | 51m 23s | $261K | $771K | 50x |
MEXC PAXG_USDT
ApeX Omni PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- −$12.95
- Price spread: −0.105% → −0.144%
- $3.97
- Slippage, 4 orders
- −$12.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$35.41
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 57 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 MEXC live order book, 2 min ago | 0.01 bp | 2.4 bp −$2 | 18.4 bp −$184 | 61.3 bp −$6,135 | 138.7 bp −$69.4K |
| Sell ApeX Omni live order book, 57 min ago | 2.79 bp | 8.1 bp −$8 | 70.1 bp −$701 | 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 | −0.0200% | 1h | 4,314.3 | −0.186% | $1.4M | $428K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,318.2 | −0.094% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0090% | 4h | 4,318.8 | −0.081% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDTshort | −0.0062% | 1h | 4,317.8 | −0.105% | $261K | $771K | 50x | |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,316.4 | −0.136% | $1.2M | $1.9M | 20x | as long as short |
| Binance PAXGUSDT | −0.0001% | 4h | 4,315.1 | −0.166% | $79.6M | $74.5M | 75x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.102% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,313.9 | −0.194% | $378K | $1.5M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.3 | −0.115% | $15.6M | $3.7M | 100x | as long as short |
| MEXC PAXG_USDTlong | 0.0000% | 4h | 4,322.3 | long leg | $16.5M | $1.0M | 100x |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Binance PAXGUSDT
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,311.9 | −0.239% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,320 | −0.052% | $7.9M | $846K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.5 | −0.041% | $906K | $761K | 75x | as long as short |
| Aster PAXGUSDT | +0.0022% | 4h | 4,318 | −0.099% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.579% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,315.4 | −0.159% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.9 | −0.147% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,315.7 | −0.152% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,317.4 | −0.113% | $1.0M | $320K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,316.4 | −0.137% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,317.6 | −0.108% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,315.1 | −0.166% | $9.4M | $16.5M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,316.7 | −0.130% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,318.1 | −0.096% | $1.3M | $811K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,321.6 | −0.016% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,317 | −0.122% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,314.9 | −0.172% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,333.5 | +0.259% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0808% | 1h | 4,326.3 | +0.093% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD