Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.038%
Price spread now: Paradex against dYdX−0.092%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 4 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.092%, 7d avg −0.025%
=Together, before fees+0.209%+ Points / potential airdropParadex: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Paradex is 0.067% cheaper against dYdX than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.025%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,354.6 | 0 | get 0.0000% / 1h | 47m 22s | $102K | $12K | 5x |
| Short | Paradex PAXG-USD-PERP | 4,350.6 | 0.0100 | get 0.0100% / 8h | 6h 47m | $80K | $3.7M | 50x |
dYdX PAXG-USD
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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: −0.092% → −0.025%
- −$6.7
- Slippage, 4 orders
- −$29.75
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$29.44
- Costs to cover
- 0.437%
- Break-even
- 16.8 days
Slippage from dYdX: live order book, 21 min ago; Paradex: 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, 21 min ago | 12.64 bp | 17.6 bp −$18 | 79.8 bp −$798 | 198.1 bp −$19.8K | 966.5 bp −$483.3K |
| Sell Paradex live order book, 2 min ago | 2.24 bp | 4.2 bp −$4 | 101.6 bp −$1,016 | 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 | 4,354.6 | long leg | $102K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,355.3 | +0.016% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,349.2 | −0.123% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,355.9 | +0.031% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,358.9 | +0.098% | $907K | $631K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.167% | $1K | $151K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0072% | 1h | 4,356 | +0.031% | $42K | $160K | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,350.2 | −0.101% | $1.4M | $277K | 25x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,350.6 | −0.092% | $80K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.8 | −0.064% | $20.7M | $2.1M | 10x | as long as short |
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
Lighter PAXG
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,351.5 | −0.071% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,353.3 | −0.029% | $1.0M | $367K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,352.4 | −0.051% | $80.3M | $71.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,354 | −0.014% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.1 | −0.080% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,354.1 | −0.012% | $28.4M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,352.5 | −0.048% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,353.3 | −0.030% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,353.5 | −0.025% | $1.4M | $806K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.7 | +0.094% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,355.3 | +0.017% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,354.5 | −0.002% | $264K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.6 | −0.069% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.014% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,349.9 | −0.108% | $379K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,352.9 | −0.039% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,353.2 | −0.033% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,359.1 | +0.104% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1008% | 1h | 4,361.6 | +0.161% | $29K | $23K | 10x | as long as short |
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
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD