Funding you earn now, next payment 09:00 UTC+0.0808%/8h= +88.5% APRnext payment +$1.01 per $10,000 · paid last 24h +0.273%
Price spread now: 01 Exchange against dYdX+0.190%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and 01 Exchange is 0.190% dearer against dYdX than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,310.3 | 0 | get 0.0000% / 1h | 45m 06s | $101K | $12K | 5x |
| Short | 01 Exchange PAXGUSD | 4,318.5 | 0.0808 | get 0.0101% / 1h | 45m 06s | $29K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $169.68
- Price spread: +0.190% → 0.000%
- $18.98
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $171.66
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 54 min ago; 01 Exchange: 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, 54 min ago | 89.55 bp | 94.6 bp −$95 | 94.6 bp −$946 | 96.4 bp −$9,644 | 638.6 bp −$319.3K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.0200% | 1h | 4,303.5 | −0.158% | $1.4M | $608K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,309.3 | −0.024% | $42K | $172K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,306.2 | −0.096% | $1.2M | $1.7M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0074% | 4h | 4,310.7 | +0.009% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,310.3 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,308.2 | −0.049% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,301.2 | −0.211% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,309.2 | −0.025% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,312.6 | +0.052% | $903K | $811K | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,304.8 | −0.129% | $377K | $1.6M | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0020% | 4h | 4,305.2 | −0.119% | $80.1M | $79.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0020% | 4h | 4,314.1 | +0.087% | $16.6M | $1.2M | 100x | as long as short |
| Aster PAXGUSDT | +0.0030% | 4h | 4,306.1 | −0.098% | $899K | $32K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0032% | 4h | 4,305 | −0.123% | $9.4M | $16.0M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.858% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,307.7 | −0.060% | $87K | $4.1M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,305.3 | −0.116% | $21.0M | $2.5M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,309.8 | −0.012% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,305.9 | −0.103% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,308.3 | −0.046% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,308.8 | −0.036% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,305.4 | −0.114% | $1.2M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,310 | −0.007% | $12.2M | $230K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,309.8 | −0.012% | $261K | $770K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,307.2 | −0.072% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,306 | −0.100% | $1.5M | $66K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,306.4 | −0.092% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309.1 | −0.028% | $937K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0808% | 1h | 4,318.5 | +0.190% | $29K | $23K | 10x |
01 Exchange PAXGUSD
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
Aster PAXGUSDT
Bitget PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX