Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Bitget+0.018%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.018%, 7d avg +0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,329.8 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $9.2M | $16.8M | 50x |
| Short | Bybit PAXGUSDT | 4,330.6 | 0.0100 | get 0.0050% / 4h | 1h 31m | $14.9M | $4.8M | 75x |
Bitget PAXGUSDT
Bybit PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- Price spread: +0.018% → +0.011%
- $0.71
- Slippage, 4 orders
- −$6.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$28.48
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; Bybit: live order book, 10 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 Bitget live order book, 10 min ago | 0.01 bp | 6.6 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 0.23 bp | 8.6 bp −$9 | 11.7 bp −$117 | 25.9 bp −$2,592 | doesn't fit |
PAXG on 29 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0418% | 1h | 4,329.2 | −0.014% | $116K | $16K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,331.6 | +0.041% | $15.7M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,326.3 | −0.081% | $2K | $2.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,333.3 | +0.079% | $7.9M | $180K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,333.4 | +0.082% | $912K | $818K | 75x | as long as short |
| Lighter PAXG | +0.0008% | 1h | 4,328.1 | −0.041% | $1.4M | $499K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.403% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,328.6 | −0.029% | $80K | $4.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,329.1 | −0.017% | $21.3M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,330.5 | +0.016% | $906K | $41K | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,330.7 | +0.021% | $1.0M | $309K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,329.7 | −0.003% | $80.2M | $81.4M | 75x | as long as short |
| Bybit PAXGUSDTshort | +0.0100% | 4h | 4,330.6 | +0.018% | $14.9M | $4.8M | 75x | |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,333.8 | +0.091% | $16.6M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,332 | +0.051% | $28.8M | $5.9M | 30x | as long as short |
| Bitget PAXGUSDTlong | +0.0100% | 4h | 4,329.8 | long leg | $9.2M | $16.8M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,330.4 | +0.012% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,329.7 | −0.003% | $1.2M | $867K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,329.2 | −0.013% | $12.2M | $278K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,329.5 | −0.008% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,330.3 | +0.012% | $262K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,328.8 | −0.024% | $555 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,327 | −0.065% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,328.2 | −0.038% | $374K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0187% | 1h | 4,330.7 | +0.021% | $1.2M | $2.1M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,329.2 | −0.014% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0264% | 1h | 4,337.6 | +0.179% | $928K | $1.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0328% | 1h | 4,331.5 | +0.039% | $43K | $182K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.0968% | 1h | 4,340.2 | +0.240% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
Hibachi PAXG/USDT-P
01 Exchange PAXGUSD