Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Bitget+0.056%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.056%, 7d avg +0.045%
=The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,315.5 | 0.0072 | pay 0.0036% / 4h | 2h 21m | $9.2M | $16.6M | 50x |
| Short | KuCoin PAXGUSDTM | 4,317.9 | 0.0100 | get 0.0050% / 4h | 2h 21m | $28.8M | $5.7M | 30x |
Bitget PAXGUSDT
KuCoin PAXGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.88
- Price spread: +0.056% → +0.045%
- $1.13
- Slippage, 4 orders
- −$6.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$23.35
- Costs to cover
- 0.304%
- Break-even
- 34.8 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: 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 Bitget live order book, 1 min ago | 0.01 bp | 7.8 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.05 bp | 8.5 bp −$8 | 17.8 bp −$178 | doesn't fit | 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 | −0.0013% | 1h | 4,313.5 | −0.046% | $115K | $15K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.1 | +0.038% | $15.6M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,312.5 | −0.068% | $2K | $2.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,319.2 | +0.087% | $7.9M | $211K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,318.3 | +0.066% | $909K | $807K | 75x | as long as short |
| Lighter PAXG | +0.0032% | 1h | 4,313.7 | −0.042% | $1.4M | $501K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.738% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0064% | 4h | 4,314 | −0.034% | $1.5M | $1.9M | 10x | as long as short |
| Extended PAXG-USD | +0.0072% | 1h | 4,314 | −0.033% | $374K | $1.5M | 25x | as long as short |
| Bitget PAXGUSDTlong | +0.0072% | 4h | 4,315.5 | long leg | $9.2M | $16.6M | 50x |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Extended PAXG-USDShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0074% | 4h | 4,320.3 | +0.111% | $16.6M | $1.3M | 100x | as long as short |
| Binance PAXGUSDT | +0.0076% | 4h | 4,315.3 | −0.003% | $80.0M | $80.7M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0085% | 1h | 4,316.1 | +0.015% | $1.2M | $2.1M | 20x | as long as short |
| Aster PAXGUSDT | +0.0094% | 4h | 4,315.4 | −0.002% | $903K | $41K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,313.6 | −0.042% | $80K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,314.9 | −0.013% | $21.2M | $2.5M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,316 | +0.012% | $1.0M | $322K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,315.2 | −0.006% | $14.9M | $4.7M | 75x | as long as short |
| KuCoin PAXGUSDTMshort | +0.0100% | 4h | 4,317.9 | +0.056% | $28.8M | $5.7M | 30x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,315.6 | +0.003% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,315.3 | −0.003% | $1.2M | $866K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,312.6 | −0.067% | $12.2M | $298K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,314.2 | −0.028% | $261K | $801K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.6 | +0.003% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,315 | −0.011% | $1.5M | $81K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,314.4 | −0.025% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,324.2 | +0.202% | $932K | $1.0M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0304% | 1h | 4,315.3 | −0.005% | $43K | $181K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.1080% | 1h | 4,325.6 | +0.235% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
Hibachi PAXG/USDT-P
01 Exchange PAXGUSD