Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.021%
Price spread now: SunX against Bitget−0.077%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.077%, 7d avg −0.104%
=The price spread pays, funding is against you. SunX is 0.027% dearer against Bitget than usual: you sell high and buy low (spread −0.077% now, against its 7-day average of −0.104%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,357.9 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $9.7M | $15.1M | 50x |
| Short | SunX PAXG-USDT | 4,354.5 | 0 | get 0.0000% / 4h | 2h 50m | $2K | $3.8M | 20x |
Bitget PAXGUSDT
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21
- Price spread: −0.077% → −0.104%
- $2.71
- Slippage, 4 orders
- −$59.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$98.1
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago | 0.01 bp | 8.2 bp −$8 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 21.53 bp | 25.5 bp −$26 | 55.2 bp −$552 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.1 | +0.006% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,359.7 | +0.042% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,354.5 | −0.077% | $2K | $3.8M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,361.1 | +0.074% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,360.7 | +0.066% | $907K | $628K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.242% | $1K | $151K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0080% | 1h | 4,355.6 | −0.051% | $42K | $160K | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,356.9 | −0.021% | $1.4M | $277K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,358.3 | +0.010% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,357.5 | −0.008% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,358.8 | +0.021% | $909K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,360 | +0.049% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,357.2 | −0.014% | $80.4M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,358.9 | +0.023% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.7 | −0.004% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,360.2 | +0.055% | $28.5M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDTlong | +0.0100% | 4h | 4,357.9 | long leg | $9.7M | $15.1M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,358.7 | +0.019% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,358.6 | +0.016% | $1.4M | $828K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.7 | +0.019% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,357.5 | −0.007% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,353.1 | −0.110% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,357.6 | −0.006% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,355 | −0.066% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,356.2 | −0.038% | $379K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,358.2 | +0.008% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,359 | +0.027% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,360.5 | +0.061% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1024% | 1h | 4,369.6 | +0.269% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit 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
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD