Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Paradex−0.024%7-day average +0.039% · 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)+0.005%+$1 on $10k
+Price spread, last 7 days+0.123%+$12 · spread now −0.024%, 7d avg +0.039%
=Together, before fees+0.128%+ Points / potential airdropParadex: Active · Variational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.063% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,343.8 | 0.0099 | pay 0.0099% / 8h | 2h 49m | $81K | $3.4M | 50x |
| Short | Variational Omni PAXG | 4,342.8 | 0.0100 | get 0.0050% / 4h | 2h 49m | $12.3M | $222K | — |
Paradex PAXG-USD-PERP
Variational Omni PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paradex. 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
- $0.16
- Price spread: −0.024% → +0.039%
- −$6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.12
- Costs to cover
- 0.040%
- Break-even
- 441.6 days
Slippage unknown: Paradex: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 Paradex live order book, 5 min ago | 2.25 bp | 4.2 bp −$4 | 90.6 bp −$906 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.84 bp | doesn't fit | 8.4 bp −$84 | 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 | −0.0192% | 1h | 4,344.1 | +0.007% | $45K | $160K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,343.5 | −0.006% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0064% | 1h | 4,341.3 | −0.058% | $1.4M | $365K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | −0.045% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.2 | +0.032% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.077% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.2 | +0.079% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.9 | +0.024% | $905K | $691K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0002% | 1h | 4,342.9 | −0.020% | $263K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0018% | 4h | 4,343.8 | −0.001% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.080% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0038% | 4h | 4,344.3 | +0.012% | $16.2M | $1.0M | 100x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,342.2 | −0.038% | $379K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0040% | 4h | 4,343.1 | −0.017% | $80.2M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0076% | 4h | 4,343.3 | −0.012% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0089% | 1h | 4,342.9 | −0.021% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0099% | 8h | 4,343.8 | long leg | $81K | $3.4M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | −0.021% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.8 | +0.022% | $1.0M | $353K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,343.5 | −0.007% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,345.5 | +0.039% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,342.7 | −0.027% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.5 | −0.007% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,343.5 | −0.008% | $1.3M | $795K | 50x | as long as short |
| Variational Omni PAXGshort | +0.0100% | 4h | 4,342.8 | −0.024% | $12.3M | $222K | — | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.111% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,342.8 | −0.024% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.086% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.2 | +0.239% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Extended PAXG-USD
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD