Funding you earn now, next payment 05:00 UTC+0.0536%/8h= +58.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.179%
Price spread now: 01 Exchange against Coinbase International−0.081%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. 01 Exchange is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PAXG-PERP-INTX | 4,347.5 | 0.0248 | pay 0.0031% / 1h | 36m 07s | $956K | $1.1M | 50x |
| Short | 01 Exchange PAXGUSD | 4,344 | 0.0784 | get 0.0098% / 1h | 36m 07s | $29K | $24K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Coinbase International. 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
- $112.56
- Price spread: −0.081% → 0.000%
- −$8.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $87.42
- Costs to cover
- 0.170%
- Break-even
- 1.6 days
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 2.03 bp | 7.0 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| 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 | −0.308% | $44K | $160K | 20x | as long as short |
| Lighter PAXG | −0.0104% | 1h | 4,328.5 | −0.438% | $1.4M | $384K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,330 | −0.403% | $1.2M | $1.5M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0025% | 1h | 4,335 | −0.288% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338 | −0.219% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,331.6 | −0.367% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,325.9 | −0.498% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,333.5 | −0.322% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,338 | −0.220% | $903K | $702K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0028% | 4h | 4,336.6 | −0.253% | $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 | −0.006% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,328.5 | −0.437% | $379K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0042% | 4h | 4,329.9 | −0.405% | $80.0M | $71.2M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0042% | 4h | 4,333.6 | −0.320% | $16.1M | $1.0M | 100x | as long as short |
| Hyperliquid PAXG | +0.0069% | 1h | 4,330.5 | −0.392% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0073% | 4h | 4,332.5 | −0.346% | $904K | $26K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,333.3 | −0.329% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,330.6 | −0.390% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,335.1 | −0.286% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,330.4 | −0.394% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,332.4 | −0.348% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,330.8 | −0.385% | $9.7M | $15.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,331 | −0.380% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,330.7 | −0.387% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.2 | −0.122% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,330 | −0.403% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,329.4 | −0.417% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTXlong | +0.0248% | 1h | 4,347.5 | long leg | $956K | $1.1M | 50x | |
| 01 Exchange PAXGUSDshort | +0.0784% | 1h | 4,344 | −0.081% | $29K | $24K | 10x |
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD
Lighter PAXG
Kraken Futures PF_PAXGUSD
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
Binance PAXGUSDT
MEXC PAXG_USDT
Hyperliquid PAXG
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT