Funding you earn now, next payment 07:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.052%
Price spread now: Coinbase International against Aster+0.065%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.065%, 7d avg +0.080%
=Together, before fees+0.367%+ Points / potential airdropAster: Stage 5 · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,319.4 | 0.0020 | pay 0.0010% / 4h | 45m 43s | $901K | $29K | 50x |
| Short | Coinbase International PAXG-PERP-INTX | 4,322.2 | 0.0224 | get 0.0028% / 1h | 45m 43s | $949K | $1.0M | 50x |
Aster PAXGUSDT
Coinbase International PAXG-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aster. 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
- $42.86
- Price spread: +0.065% → +0.080%
- −$1.52
- Slippage, 4 orders
- −$5.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $18.21
- Costs to cover
- 0.231%
- Break-even
- 4.0 days
Slippage from Aster: live order book, 57 min ago; Coinbase International: live order book, 3 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 Aster live order book, 57 min ago | 0.12 bp | 4.2 bp −$4 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.36 bp | 7.4 bp −$7 | 14.4 bp −$144 | 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 | −0.0168% | 1h | 4,317.5 | −0.044% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,317.3 | −0.048% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0072% | 1h | 4,320.8 | +0.034% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,320.2 | +0.020% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.4 | +0.048% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321.5 | +0.050% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.1 | −0.028% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,323.8 | +0.104% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,323.8 | +0.103% | $903K | $783K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0004% | 4h | 4,324.9 | +0.129% | $16.7M | $1.0M | 100x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0008% | 4h | 4,319.2 | −0.004% | $79.7M | $74.2M | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,317.6 | −0.040% | $379K | $1.5M | 25x | as long as short |
| Aster PAXGUSDTlong | +0.0020% | 4h | 4,319.4 | long leg | $901K | $29K | 50x | |
| ApeX Omni PAXGUSDT | +0.0024% | 1h | 4,318.6 | −0.018% | $261K | $775K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.647% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0084% | 4h | 4,318.4 | −0.022% | $9.4M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,320.2 | +0.019% | $85K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,319.7 | +0.008% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,319.4 | +0.001% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.4 | +0.047% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,319.7 | +0.007% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321.2 | +0.043% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,321.1 | +0.041% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,320 | +0.015% | $1.3M | $822K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,320 | +0.015% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,320 | +0.015% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.6 | +0.005% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTXshort | +0.0224% | 1h | 4,322.2 | +0.065% | $949K | $1.0M | 50x | |
| 01 Exchange PAXGUSD | +0.0888% | 1h | 4,331.8 | +0.288% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
01 Exchange PAXGUSD