PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.065%

Price spread now: Reya against dYdX−0.144%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.144% cheaper against dYdX than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.5 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PAXG-USD	4,325	0	get 0.0000% / 1h	54m 54s	$115K	$15K	5x
Short	Reya PAXGRUSDPERP	4,318.7	0.0189	get 0.0024% / 1h	54m 54s	$20K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee ReyabpOrdersPrice spread, now −0.144%Rate

Funding earned: $39.79
Price spread: −0.144% → 0.000%: −$14.36
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $9.43
Costs to cover: 0.160%
Break-even: 5.3 days

Slippage unknown: dYdX: live order book, 39 min ago; Reya: 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 dYdX live order book, 39 min ago	10.47 bp	16.8 bp −$17	45.3 bp −$453	178.2 bp −$17.8K	855.2 bp −$427.6K
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Lighter PAXG	−0.0056%	1h	4,316.2	−0.202%	$1.4M	$500K	25x	as long as short
GRVT PAXG_USDT_Perp	−0.0030%	4h	4,326.2	+0.028%	$1.5M	$2.0M	10x	as long as short
dYdX PAXG-USDlong	0.0000%	1h	4,325	long leg	$115K	$15K	5x
Gate PAXG_USDT	0.0000%	8h	4,319.5	−0.126%	$15.6M	$3.9M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,315.2	−0.226%	$2K	$3.1M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,323.3	−0.038%	$7.9M	$428K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,325.6	+0.015%	$910K	$825K	75x	as long as short
Hibachi PAXG/USDT-P	+0.0016%	1h	4,323	−0.044%	$41K	$190K	20x	as long as short
Bitget PAXGUSDT	+0.0024%	4h	4,317.6	−0.169%	$9.2M	$16.4M	50x	as long as short
MEXC PAXG_USDT	+0.0026%	4h	4,323.3	−0.039%	$16.6M	$1.3M	100x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0029%	4h	4,317.5	−0.173%	$80.0M	$82.4M	75x	as long as short
Extended PAXG-USD	+0.0032%	1h	4,316.2	−0.203%	$375K	$1.5M	25x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.517%	$1K	$151K	30x	as long as short
Aster PAXGUSDT	+0.0045%	4h	4,319	−0.137%	$904K	$38K	50x	as long as short
ApeX Omni PAXGUSDT	+0.0069%	1h	4,323.3	−0.038%	$261K	$805K	50x	as long as short
Kraken Futures PF_PAXGUSD	+0.0085%	1h	4,319.6	−0.124%	$1.2M	$2.1M	20x	as long as short
Paradex PAXG-USD-PERP	+0.0087%	8h	4,319	−0.138%	$80K	$4.4M	50x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,317.5	−0.172%	$21.2M	$2.6M	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,323.1	−0.043%	$1.0M	$309K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,317.5	−0.172%	$14.9M	$4.6M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,320.3	−0.109%	$28.8M	$5.5M	30x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,318.6	−0.148%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,317.8	−0.165%	$1.2M	$863K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,321.7	−0.075%	$12.2M	$293K	—	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,320.2	−0.110%	$554	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,315	−0.230%	$1.5M	$80K	50x	as long as short
Reya PAXGRUSDPERPshort	+0.0189%	1h	4,318.7	−0.144%	$20K	—	100x
Coinbase International PAXG-PERP-INTX	+0.0232%	1h	4,330.6	+0.131%	$933K	$1.0M	50x	as long as short
01 Exchange PAXGUSD	+0.1952%	1h	4,331.7	+0.156%	$29K	$24K	10x	as long as short