Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Lighter against BingX−0.034%7-day average −0.015% · 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−$130.135% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.034%, 7d avg −0.015%
=Together, before fees+0.060%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,365.5 | 0.0100 | pay 0.0050% / 4h | 0m 28s | — | $6.8M | — |
| Short | Lighter PAXG | 4,364 | 0.0096 | get 0.0012% / 1h | 0m 28s | $1.4M | $272K | 25x |
BingX PAXG-USDT
Lighter PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- −$0.84
- Price spread: −0.034% → −0.015%
- −$1.9
- Slippage, 4 orders
- −$3.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$16.21
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Lighter: live order book, 6 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 BingX live order book, 12 min ago | 0.30 bp | 5.7 bp −$6 | 7.3 bp −$73 | 10.0 bp −$1,003 | 23.9 bp −$11.9K |
| Sell Lighter live order book, 6 min ago | 1.23 bp | 1.3 bp −$1 | 5.9 bp −$59 | 21.9 bp −$2,189 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0007% | 1h | 4,347.3 | −0.416% | $1K | $151K | 30x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,362.4 | −0.070% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,367.4 | +0.044% | $15.8M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,360.9 | −0.105% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,368.6 | +0.072% | $8.0M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,366.8 | +0.030% | $911K | $654K | 75x | as long as short |
| Lighter PAXGshort | +0.0096% | 1h | 4,364 | −0.034% | $1.4M | $272K | 25x | |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,364.6 | −0.019% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,365 | −0.011% | $20.5M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,365.6 | +0.003% | $911K | $30K | 50x | as long as short |
Injective PAXG/USDC PERP
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,366 | +0.013% | $1.0M | $363K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,365 | −0.010% | $80.1M | $70.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,366.1 | +0.014% | $15.2M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,361 | −0.103% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,366.8 | +0.030% | $28.5M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,365.9 | +0.011% | $9.6M | $15.0M | 50x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,365.5 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,366 | +0.011% | $1.4M | $972K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,365.6 | +0.002% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,361.4 | −0.092% | $1.5M | $2.1M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,361.6 | −0.089% | $264K | $793K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,364.1 | −0.031% | $560 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,361 | −0.102% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,364.2 | −0.030% | $379K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0144% | 1h | 4,365.2 | −0.007% | $42K | $155K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,365.4 | −0.001% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0285% | 1h | 4,366.6 | +0.026% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,367.6 | +0.049% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0960% | 1h | 4,375.6 | +0.232% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_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