Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.037%
Price spread now: Extended against dYdX+0.038%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.038%, 7d avg −0.049%
=Together, before fees+0.100%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.087% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,340.8 | 0 | get 0.0000% / 1h | 36m 41s | $101K | $12K | 5x |
| Short | Extended PAXG-USD | 4,342.4 | 0.0104 | get 0.0013% / 1h | 36m 41s | $382K | $1.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $21.84
- Price spread: +0.038% → −0.049%
- $8.71
- Slippage, 4 orders
- −$27.99
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$12.44
- Costs to cover
- 0.430%
- Break-even
- 11.0 days
Slippage from dYdX: live order book, 27 min ago; Extended: live order book, 2 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 dYdX live order book, 27 min ago | 13.82 bp | 18.8 bp −$19 | 33.8 bp −$338 | 233.1 bp −$23.3K | 1113.0 bp −$556.5K |
| Sell Extended live order book, 2 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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-USDlong | 0.0000% | 1h | 4,340.8 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,344.9 | +0.095% | $15.6M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,337.9 | −0.067% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,345.6 | +0.110% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,346.9 | +0.142% | $904K | $656K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.150% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0048% | 4h | 4,341.5 | +0.016% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | +0.0048% | 1h | 4,342.1 | +0.031% | $42K | $154K | 20x | as long as short |
| ApeX Omni PAXGUSDT | +0.0066% | 1h | 4,340.7 | −0.002% | $263K | $789K | 50x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,342.1 | +0.030% | $1.4M | $340K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343 | +0.050% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,343.9 | +0.071% | $20.8M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,343.8 | +0.068% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.1 | +0.076% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,343.2 | +0.055% | $80.1M | $70.5M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.7 | +0.089% | $15.0M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,343.8 | +0.068% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,345.3 | +0.104% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.5 | +0.085% | $9.6M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.8 | +0.070% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,343.8 | +0.070% | $1.3M | $802K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,338.4 | −0.055% | $12.4M | $104K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,340.5 | −0.007% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.041% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,342.4 | +0.038% | $382K | $1.4M | 25x | |
| Kraken Futures PF_PAXGUSD | +0.0173% | 1h | 4,343.6 | +0.064% | $1.3M | $1.4M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,342.6 | +0.041% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,349.7 | +0.205% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0992% | 1h | 4,353.8 | +0.300% | $29K | $23K | 10x | as long as short |
Extended PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD