Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.038%
Price spread now: dYdX against Variational Omni+0.056%7-day average −0.007% · 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)−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.056%, 7d avg −0.007%
=Together, before fees−0.243%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.063% dearer against Variational Omni than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.007%): +$6 on $10k if it goes back. Holding the pair costs −$3 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 | Variational Omni PAXG | 4,343 | 0.0100 | pay 0.0050% / 4h | 16m 25s | $12.5M | $97K | — |
| Short | dYdX PAXG-USD | 4,345.5 | 0 | get 0.0000% / 1h | 16m 25s | $101K | $12K | 5x |
Variational Omni PAXG
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.056% → −0.007%
- $6.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$24.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: live order book, 42 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, 3 min ago | 2.82 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 42 min ago | 10.37 bp | 15.4 bp −$15 | 33.1 bp −$331 | 174.4 bp −$17.4K | 1084.2 bp −$542.1K |
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 | −0.0136% | 1h | 4,342.8 | −0.005% | $42K | $155K | 20x | as long as short |
| Lighter PAXG | 0.0000% | 1h | 4,342.2 | −0.020% | $1.4M | $357K | 25x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,345.5 | +0.056% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.2 | +0.050% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,338.8 | −0.098% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,345.9 | +0.067% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,348.5 | +0.126% | $907K | $683K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.098% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0078% | 4h | 4,344.9 | +0.043% | $1.5M | $1.9M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343.5 | +0.010% | $81K | $3.7M | 50x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.5 | −0.013% | $557 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,343.7 | +0.015% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,343.4 | +0.008% | $906K | $28K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345 | +0.044% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,343.2 | +0.004% | $80.2M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.2 | +0.027% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,344.5 | +0.034% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,345.7 | +0.061% | $28.6M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.1 | +0.024% | $9.7M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,344 | +0.022% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,343.7 | +0.015% | $1.3M | $804K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,343 | long leg | $12.5M | $97K | — | |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,343.8 | +0.017% | $263K | $788K | 50x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,343 | −0.001% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,342 | −0.024% | $379K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.2 | +0.003% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,343.1 | +0.001% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,348.9 | +0.135% | $968K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0856% | 1h | 4,354.2 | +0.257% | $29K | $23K | 10x | as long as short |
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD