Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.001%
Price spread now: MEXC against Extended+0.062%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$150.151% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.062%, 7d avg +0.137%
=Together, before fees−0.031%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PAXG-USD | 4,320.3 | 0.0016 | pay 0.0002% / 1h | 14m 11s | $377K | $1.4M | 25x |
| Short | MEXC PAXG_USDT | 4,323 | 0.0018 | get 0.0009% / 4h | 2h 14m | $16.4M | $1.1M | 100x |
Extended PAXG-USD
MEXC PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.42
- Price spread: +0.062% → +0.137%
- −$7.5
- Slippage, 4 orders
- −$6.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$22.21
- Costs to cover
- 0.151%
- Break-even
- 377.1 days
Slippage from Extended: live order book, 4 min ago; MEXC: 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 MEXC live order book, 4 min ago | 1.48 bp | 4.1 bp −$4 | 13.4 bp −$134 | 42.2 bp −$4,217 | 110.2 bp −$55.1K |
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 | −0.0152% | 1h | 4,324 | +0.086% | $42K | $167K | 20x | as long as short |
| Lighter PAXG | −0.0136% | 1h | 4,319.4 | −0.021% | $1.4M | $390K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,321.6 | +0.030% | $1.2M | $1.9M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0048% | 4h | 4,320.9 | +0.014% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0017% | 1h | 4,322.6 | +0.054% | $261K | $784K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,319.9 | −0.009% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,322.9 | +0.061% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.2 | −0.048% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,325.8 | +0.127% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.3 | +0.116% | $902K | $739K | 75x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USDlong | +0.0016% | 1h | 4,320.3 | long leg | $377K | $1.4M | 25x | |
| MEXC PAXG_USDTshort | +0.0018% | 4h | 4,323 | +0.062% | $16.4M | $1.1M | 100x | |
| Binance PAXGUSDT | +0.0019% | 4h | 4,320.8 | +0.012% | $79.6M | $74.4M | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.626% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0046% | 4h | 4,322.1 | +0.042% | $902K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0091% | 1h | 4,321.1 | +0.019% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,319.8 | −0.011% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.5 | +0.005% | $554 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.7 | +0.033% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,321.9 | +0.038% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,323.2 | +0.068% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,320.7 | +0.010% | $9.3M | $16.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,322.4 | +0.048% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,321.5 | +0.027% | $1.3M | $809K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,322.5 | +0.052% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,321 | +0.017% | $1.5M | $45K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.4 | −0.021% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,325.8 | +0.128% | $977K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0832% | 1h | 4,330.2 | +0.230% | $29K | $24K | 10x | as long as short |
Binance PAXGUSDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
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