Funding you earn now, next payment 21:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.059%
Price spread now: Coinbase International against Extended+0.141%56s7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days+0.317%+$32 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now +0.141%, 7d avg +0.133%
=Together, before fees+0.410%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.133%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PAXG-USD | 4,336.9 | 0.0104 | pay 0.0013% / 1h | 29m 20s | $377K | $1.2M | 25x |
| Short | Coinbase International PAXG-PERP-INTX | 4,343 | 0.0320 | get 0.0040% / 1h | 29m 20s | $998K | $1.1M | 50x |
Extended PAXG-USD
Coinbase International PAXG-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $45.36
- Price spread: +0.141% → +0.133%
- $0.71
- Slippage, 4 orders
- −$5.28
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $25.79
- Costs to cover
- 0.203%
- Break-even
- 3.0 days
Slippage from Extended: live order book, 4 min ago; Coinbase International: live order book, 4 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 Extended live order book, 4 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.57 bp | 6.6 bp −$7 | 23.9 bp −$239 | 194.9 bp −$19.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0101% | 1h | 4,337 | +0.003% | $1K | $121K | 30x | as long as short |
| Hibachi PAXG/USDT-P | −0.0032% | 1h | 4,337.6 | +0.017% | $41K | $156K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,339.9 | +0.070% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339.8 | +0.067% | $15.7M | $4.2M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,334.8 | −0.049% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,341.4 | +0.103% | $7.9M | $837K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.6 | +0.132% | $907K | $657K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,336.5 | −0.009% | $1.4M | $520K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,337.1 | +0.006% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,337.8 | +0.021% | $20.3M | $1.9M | 10x | as long as short |
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,337.6 | +0.016% | $906K | $76K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,338.5 | +0.037% | $1.0M | $351K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,337.5 | +0.014% | $79.9M | $70.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.8 | +0.021% | $14.8M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,338.8 | +0.044% | $15.9M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.5 | +0.060% | $26.7M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,338.4 | +0.034% | $9.2M | $14.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,338.2 | +0.030% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,338.8 | +0.043% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,337.1 | +0.004% | $12.4M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,337.4 | +0.012% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,335.6 | −0.029% | $262K | $797K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,337.4 | +0.012% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,335 | −0.043% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USDlong | +0.0104% | 1h | 4,336.9 | long leg | $377K | $1.2M | 25x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337.8 | +0.021% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0224% | 1h | 4,338.9 | +0.046% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTXshort | +0.0320% | 1h | 4,343 | +0.141% | $998K | $1.1M | 50x | |
| 01 Exchange PAXGUSD | +0.1400% | 1h | 4,354.8 | +0.413% | $29K | $21K | 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
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
01 Exchange PAXGUSD