Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Bybit−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PAXGUSDT | 4,359.2 | 0.0100 | pay 0.0050% / 4h | 50m 40s | $15.2M | $3.6M | 75x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,358.5 | 0.0100 | get 0.0050% / 4h | 50m 40s | $559 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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: −0.016% → 0.000%
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$18.61
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: 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 Bybit live order book, 3 min ago | 0.12 bp | 6.8 bp −$7 | 10.5 bp −$105 | 28.2 bp −$2,821 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0007% | 1h | 4,347.3 | −0.273% | $1K | $151K | 30x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.3 | −0.020% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,360.6 | +0.032% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,353.9 | −0.122% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,362.3 | +0.071% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,361.4 | +0.050% | $911K | $634K | 75x | as long as short |
| Lighter PAXG | +0.0088% | 1h | 4,357.7 | −0.035% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,358.1 | −0.026% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,358.8 | −0.009% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,358.5 | −0.015% | $909K | $30K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,360.1 | +0.020% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,358.4 | −0.018% | $80.0M | $68.4M | 75x | as long as short |
| Bybit PAXGUSDTlong | +0.0100% | 4h | 4,359.2 | long leg | $15.2M | $3.6M | 75x | |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.1 | −0.049% | $16.1M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,361 | +0.041% | $27.0M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,360 | +0.019% | $9.9M | $13.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,359.7 | +0.012% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,359.9 | +0.015% | $1.4M | $955K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.1 | −0.026% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,360.1 | +0.020% | $1.6M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,357.2 | −0.046% | $263K | $795K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,358.5 | −0.016% | $559 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,356 | −0.073% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,357.5 | −0.039% | $378K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0152% | 1h | 4,359.7 | +0.010% | $48K | $139K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,359.1 | −0.003% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0286% | 1h | 4,360.2 | +0.022% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,362.5 | +0.077% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1040% | 1h | 4,369.8 | +0.243% | $29K | $23K | 10x | as long as short |
Bybit PAXGUSDT
Injective PAXG/USDC PERP
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD