Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Variational Omni−0.022%7-day average +0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.018%−$2 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now −0.022%, 7d avg +0.071%
=Together, before fees−0.064%+ Points / potential airdropVariational Omni: Active · farm board−$6 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: MEXC is 0.093% cheaper against Variational Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,355.1 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $12.5M | $104K | — |
| Short | MEXC PAXG_USDT | 4,354.2 | 0.0100 | get 0.0050% / 4h | 3h 03m | $16.2M | $1.2M | 100x |
Variational Omni PAXG
MEXC PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.022% → +0.071%
- −$9.3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$13.3
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; MEXC: live order book, 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 Variational Omni RFQ quote, 1 min ago | 2.82 bp | doesn't fit | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.69 bp | 4.1 bp −$4 | 9.8 bp −$98 | 40.7 bp −$4,071 | 111.9 bp −$56.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,354.3 | −0.020% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,356.1 | +0.022% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,350.9 | −0.098% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,358.1 | +0.068% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,356.5 | +0.032% | $905K | $642K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.180% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0086% | 4h | 4,354.7 | −0.009% | $1.6M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,353.5 | −0.038% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,354.1 | −0.024% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,354.8 | −0.008% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,354.4 | −0.016% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,355.5 | +0.009% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,354.5 | −0.016% | $80.3M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,355.7 | +0.013% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDTshort | +0.0100% | 4h | 4,354.2 | −0.022% | $16.2M | $1.2M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,357.3 | +0.049% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,354.7 | −0.011% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,355.1 | 0.000% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,355.4 | +0.005% | $1.4M | $831K | 50x | as long as short |
| Variational Omni PAXGlong | +0.0100% | 4h | 4,355.1 | long leg | $12.5M | $104K | — | |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,352.9 | −0.053% | $263K | $787K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,353.7 | −0.033% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.026% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,353.5 | −0.038% | $379K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0112% | 1h | 4,354.4 | −0.016% | $42K | $154K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,354.5 | −0.016% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,355.4 | +0.005% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,357.1 | +0.045% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0976% | 1h | 4,364.9 | +0.224% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_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