Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Binance−0.042%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.154% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.042%, 7d avg −0.051%
=Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,336.4 | 0.0036 | pay 0.0018% / 4h | 3h 10m | $79.9M | $70.4M | 75x |
| Short | Extended PAXG-USD | 4,334.5 | 0.0032 | get 0.0004% / 1h | 10m 12s | $379K | $1.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- −$0.83
- Price spread: −0.042% → −0.051%
- $0.85
- Slippage, 4 orders
- −$0.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.36
- Costs to cover
- 0.154%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Extended: 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 Binance live order book, 2 min ago | 0.01 bp | 5.0 bp −$5 | 5.7 bp −$57 | 9.7 bp −$972 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | −0.0176% | 1h | 4,336.7 | +0.009% | $42K | $157K | 20x | as long as short |
| Lighter PAXG | −0.0152% | 1h | 4,335.3 | −0.025% | $1.4M | $368K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0025% | 1h | 4,335.7 | −0.016% | $262K | $786K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0008% | 4h | 4,337.6 | +0.029% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | +0.045% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,338.6 | +0.052% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,332 | −0.101% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.3 | +0.090% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,340.4 | +0.094% | $903K | $689K | 75x | as long as short |
| Extended PAXG-USDshort | +0.0032% | 1h | 4,334.5 | −0.042% | $379K | $1.5M | 25x |
Show 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 | +0.252% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDTlong | +0.0036% | 4h | 4,336.4 | long leg | $79.9M | $70.4M | 75x | |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,338.6 | +0.052% | $16.1M | $1.0M | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.4 | +0.024% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0085% | 4h | 4,335.9 | −0.010% | $905K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,336.5 | +0.003% | $81K | $3.4M | 50x | as long as short |
| Hyperliquid PAXG | +0.0099% | 1h | 4,336.4 | +0.001% | $20.8M | $2.3M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.7 | −0.038% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,338.2 | +0.042% | $1.0M | $340K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337 | +0.015% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.5 | +0.072% | $28.6M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.2 | +0.020% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337 | +0.014% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337.1 | +0.017% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336.2 | −0.003% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,335 | −0.031% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,336.1 | −0.007% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.063% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0880% | 1h | 4,347.8 | +0.264% | $29K | $24K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Lighter PAXG
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD