Funding you earn now, next payment 06:00 UTC+0.0684%/8h= +74.9% APRpaid last 24h +0.232%
Price spread now: 01 Exchange against BingX+0.262%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and 01 Exchange is 0.262% dearer against BingX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,334.1 | 0.0100 | pay 0.0050% / 4h | 2h 36m | — | $6.8M | — |
| Short | 01 Exchange PAXGUSD | 4,345.5 | 0.0784 | get 0.0098% / 1h | 36m 59s | $29K | $24K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $143.64
- Price spread: +0.262% → 0.000%
- $26.21
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $152.85
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 1 min ago; 01 Exchange: 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 BingX live order book, 1 min ago | 0.24 bp | 5.2 bp −$5 | 5.4 bp −$54 | 10.7 bp −$1,068 | 35.9 bp −$17.9K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.0168% | 1h | 4,334.2 | +0.002% | $44K | $160K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,334.1 | 0.000% | $1.2M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0096% | 1h | 4,332 | −0.049% | $1.4M | $379K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0025% | 1h | 4,335 | +0.020% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338 | +0.089% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,335.4 | +0.029% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,330 | −0.096% | $1K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.5 | +0.078% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341.1 | +0.161% | $904K | $699K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0028% | 4h | 4,336.6 | +0.056% | $1.5M | $1.9M | 10x | as long as short |
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 | +0.304% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,332 | −0.049% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0042% | 4h | 4,335.9 | +0.041% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0042% | 4h | 4,333.2 | −0.023% | $80.1M | $70.8M | 75x | as long as short |
| Hyperliquid PAXG | +0.0069% | 1h | 4,332.6 | −0.035% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0074% | 4h | 4,335.6 | +0.033% | $904K | $26K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,333.5 | −0.016% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.7 | +0.013% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,335.7 | +0.036% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,334.4 | +0.005% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,336 | +0.044% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,333.9 | −0.005% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,334.1 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,333.3 | −0.019% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.2 | +0.187% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,330 | −0.096% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.5 | −0.016% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.309% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0784% | 1h | 4,345.5 | +0.262% | $29K | $24K | 10x |
BingX PAXG-USDT
01 Exchange PAXGUSD
Kraken Futures PF_PAXGUSD
Lighter PAXG
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_Perp
Injective PAXG/USDC PERP
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Hyperliquid PAXG
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX