Funding you earn now, next payment 06:00 UTC+0.0154%/8h= +16.9% APRpaid last 24h +0.027%
Price spread now: Reya against Binance−0.005%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,340 | 0.0035 | pay 0.0018% / 4h | 2h 53m | $80.1M | $70.5M | 75x |
| Short | Reya PAXGRUSDPERP | 4,339.8 | 0.0189 | get 0.0024% / 1h | 53m 19s | $21K | — | 100x |
Binance PAXGUSDT
Reya PAXGRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $32.37
- Price spread: −0.005% → 0.000%
- −$0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $15.86
- Costs to cover
- 0.160%
- Break-even
- 3.6 days
Slippage unknown: Binance: live order book, 4 min ago; Reya: no order-book sample. 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 Binance live order book, 4 min ago | 0.01 bp | 5.5 bp −$5 | 6.1 bp −$61 | 9.9 bp −$991 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0208% | 1h | 4,341 | +0.024% | $46K | $158K | 20x | as long as short |
| Lighter PAXG | −0.0104% | 1h | 4,338.3 | −0.038% | $1.4M | $365K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,340.6 | +0.014% | $1.3M | $1.5M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0033% | 1h | 4,339.6 | −0.008% | $262K | $785K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | +0.043% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,342 | +0.047% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336.4 | −0.082% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,343.9 | +0.089% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.8 | +0.065% | $905K | $691K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0004% | 4h | 4,340.2 | +0.005% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0032% | 1h | 4,338.6 | −0.032% | $379K | $1.4M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.169% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0034% | 4h | 4,341.4 | +0.034% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDTlong | +0.0035% | 4h | 4,340 | long leg | $80.1M | $70.5M | 75x | |
| Aster PAXGUSDT | +0.0073% | 4h | 4,339.4 | −0.014% | $905K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0082% | 1h | 4,339.9 | −0.002% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,339.4 | −0.015% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,338.5 | −0.034% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,341.2 | +0.027% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,341 | +0.024% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342.6 | +0.060% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.7 | −0.007% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,340.4 | +0.009% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.7 | −0.006% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,340.8 | +0.019% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,336 | −0.092% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERPshort | +0.0189% | 1h | 4,339.8 | −0.005% | $21K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,342.3 | +0.054% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0776% | 1h | 4,350 | +0.231% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
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