Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.038%
Price spread now: Pacifica against dYdX+0.021%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.021%, 7d avg +0.016%
=Together, before fees+0.251%+ Points / potential airdropPacifica: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,321.1 | 0 | get 0.0000% / 1h | 18m 38s | $101K | $12K | 5x |
| Short | Pacifica PAXG | 4,322 | 0.0100 | get 0.0013% / 1h | 18m 38s | $1.0M | $348K | 10x |
dYdX PAXG-USD
Pacifica PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- Price spread: +0.021% → +0.016%
- $0.51
- Slippage, 4 orders
- −$22.34
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$18.83
- Costs to cover
- 0.403%
- Break-even
- 13.3 days
Slippage from dYdX: live order book, 30 min ago; Pacifica: live order book, just now.
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, 30 min ago | 10.36 bp | 15.4 bp −$15 | 33.0 bp −$330 | 161.6 bp −$16.2K | 984.5 bp −$492.3K |
| Sell Pacifica live order book, just now | 0.12 bp | 5.1 bp −$5 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,319.8 | −0.031% | $40K | $165K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,319.3 | −0.042% | $1.4M | $389K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,321.5 | +0.010% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0039% | 1h | 4,315.7 | −0.125% | $261K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0032% | 4h | 4,319.2 | −0.044% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,321.1 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,322 | +0.021% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,317.4 | −0.086% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,324.3 | +0.075% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,323.8 | +0.062% | $902K | $736K | 75x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0021% | 4h | 4,321.1 | −0.001% | $79.6M | $74.1M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0022% | 4h | 4,323.1 | +0.046% | $16.4M | $1.1M | 100x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,319.9 | −0.027% | $377K | $1.4M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.607% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0050% | 4h | 4,320.9 | −0.004% | $902K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0083% | 1h | 4,321.7 | +0.013% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,321.1 | 0.000% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.5 | −0.014% | $554 | — | 10x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,322 | +0.021% | $1.0M | $348K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,321.9 | +0.019% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,323.4 | +0.054% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,321.1 | 0.000% | $9.3M | $16.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,321.1 | 0.000% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,320.8 | −0.007% | $1.3M | $814K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.2 | −0.090% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,320 | −0.025% | $1.5M | $45K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,320.7 | −0.010% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,321.3 | +0.006% | $950K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0816% | 1h | 4,331.5 | +0.241% | $29K | $24K | 10x | as long as short |
Binance PAXGUSDT
MEXC PAXG_USDT
Extended PAXG-USD
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
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