PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.053%

Price spread now: Coinbase International against Variational Omni−0.004%7-day average +0.090% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.234%+$23 on $10k

Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.004%, 7d avg +0.090%

Together, before fees+0.399%+ Points / potential airdropVariational Omni: Active · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.094% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.090%). If the spread goes back, that is −$9 on $10k: about 46 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PAXG	4,332.7	0.0100	pay 0.0050% / 4h	1h 54m	$12.2M	$279K	—
Short	Coinbase International PAXG-PERP-INTX	4,332.6	0.0264	get 0.0033% / 1h	54m 43s	$934K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.004%Rate

Funding earned: $34.44
Price spread: −0.004% → +0.090%: −$9.43
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $15.01
Costs to cover: 0.100%
Break-even: 3.9 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Coinbase International: live order book, 2 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 Variational Omni RFQ quote, 2 min ago	2.83 bp	doesn't fit	9.0 bp −$90	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	1.83 bp	6.8 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit

PAXG on 29 exchanges

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
dYdX PAXG-USD	−0.0891%	1h	4,332.7	0.000%	$117K	$16K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,337.3	+0.105%	$15.7M	$4.0M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,332.7	−0.001%	$2K	$2.8M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,339.4	+0.153%	$7.9M	$180K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,338.6	+0.135%	$913K	$821K	75x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.336%	$1K	$151K	30x	as long as short
Lighter PAXG	+0.0048%	1h	4,333.9	+0.027%	$1.4M	$498K	25x	as long as short
GRVT PAXG_USDT_Perp	+0.0094%	4h	4,333.1	+0.009%	$1.5M	$2.0M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0098%	8h	4,333.9	+0.028%	$80K	$4.3M	50x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,335.2	+0.057%	$21.3M	$2.5M	10x	as long as short

Show all 29 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PAXGUSDT	+0.0100%	4h	4,335.4	+0.062%	$907K	$41K	50x	as long as short
Pacifica PAXG	+0.0100%	1h	4,337	+0.099%	$1.0M	$303K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	4,335.8	+0.071%	$80.3M	$81.6M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,335.9	+0.073%	$14.9M	$4.7M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	4,336.6	+0.089%	$16.6M	$1.2M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,338.2	+0.125%	$28.9M	$5.9M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,335.6	+0.066%	$9.2M	$16.8M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,336	+0.076%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,336.1	+0.078%	$1.2M	$872K	50x	as long as short
Variational Omni PAXGlong	+0.0100%	4h	4,332.7	long leg	$12.2M	$279K	—
ApeX Omni PAXGUSDT	+0.0100%	1h	4,334.7	+0.046%	$262K	$798K	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,335	+0.052%	$556	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,331	−0.040%	$1.5M	$81K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	4,334.1	+0.031%	$374K	$1.5M	25x	as long as short
Kraken Futures PF_PAXGUSD	+0.0187%	1h	4,337.2	+0.103%	$1.2M	$2.1M	20x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,335.1	+0.054%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTXshort	+0.0264%	1h	4,332.6	−0.004%	$934K	$1.1M	50x
Hibachi PAXG/USDT-P	+0.0312%	1h	4,334.3	+0.035%	$43K	$181K	20x	as long as short
01 Exchange PAXGUSD	+0.0944%	1h	4,347.7	+0.345%	$29K	$23K	10x	as long as short