Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: dYdX against Deribit−0.063%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.063%, 7d avg −0.052%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PAXG_USDC-PERPETUAL | 4,337.5 | 0 | get 0.0000% / 1h | 52m 35s | $7.9M | $868K | 50x |
| Short | dYdX PAXG-USD | 4,334.8 | 0 | get 0.0000% / 1h | 52m 35s | $101K | $12K | 5x |
Deribit PAXG_USDC-PERPETUAL
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Deribit. 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: −0.063% → −0.052%
- −$1.09
- Slippage, 4 orders
- −$31.56
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$49.65
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 2 min ago; dYdX: live order book, 1 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 Deribit live order book, 2 min ago | 3.48 bp | 10.0 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 1 min ago | 10.39 bp | 15.4 bp −$15 | 34.1 bp −$341 | 157.0 bp −$15.7K | 500.1 bp −$250.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT PAXG_USDT_Perp | −0.0296% | 4h | 4,334.9 | −0.060% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0293% | 1h | 4,331.9 | −0.130% | $262K | $788K | 50x | as long as short |
| Lighter PAXG | −0.0176% | 1h | 4,332.4 | −0.117% | $1.4M | $362K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,333.6 | −0.089% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,334.8 | −0.063% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.2 | −0.030% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,328.2 | −0.215% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUALlong | 0.0000% | 1h | 4,337.5 | long leg | $7.9M | $868K | 50x | |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341 | +0.081% | $903K | $684K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.226% | $1K | $151K | 30x | as long as short |
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Lighter PAXG
Hibachi PAXG/USDT-P
Gate PAXG_USDT
SunX PAXG-USDT
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,334.8 | −0.062% | $1.3M | $1.4M | 20x | as long as short |
| MEXC PAXG_USDT | +0.0076% | 4h | 4,337.3 | −0.004% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0078% | 4h | 4,333.5 | −0.093% | $79.9M | $71.2M | 75x | as long as short |
| Extended PAXG-USD | +0.0080% | 1h | 4,332.2 | −0.121% | $378K | $1.4M | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,334.1 | −0.079% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | −0.067% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,334.2 | −0.076% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,333.5 | −0.092% | $904K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,336 | −0.035% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,334.3 | −0.074% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337 | −0.012% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,334.7 | −0.065% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.5 | −0.070% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,334.8 | −0.063% | $1.3M | $801K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334.1 | −0.078% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | −0.080% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.4 | −0.093% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,341 | +0.081% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0984% | 1h | 4,344.6 | +0.164% | $29K | $23K | 10x | as long as short |
Kraken Futures PF_PAXGUSD
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD