Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.001%
Price spread now: Orderly against Extended+0.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Orderly is 0.046% dearer against Extended than usual: you sell high and buy low: +$5 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 | Extended PAXG-USD | 4,332.6 | 0.0088 | pay 0.0011% / 1h | 55m 42s | $378K | $1.4M | 25x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,334.6 | 0.0100 | get 0.0050% / 4h | 3h 55m | $556 | — | 10x |
Extended PAXG-USD
Orderly PERP_PAXG_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $2.52
- Price spread: +0.046% → 0.000%
- $4.59
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.9
- Costs to cover
- 0.110%
- Break-even
- 17.8 days
Slippage unknown: Extended: live order book, 3 min ago; Orderly: 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 Extended live order book, 3 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT PAXG_USDT_Perp | −0.0196% | 4h | 4,338.6 | +0.138% | $1.5M | $1.9M | 10x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,331.8 | −0.018% | $1.4M | $362K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0136% | 1h | 4,336.6 | +0.092% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.4 | +0.132% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.5 | +0.090% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.1 | −0.082% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.6 | +0.116% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.2 | +0.222% | $904K | $684K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.339% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0049% | 1h | 4,338.1 | +0.128% | $262K | $787K | 50x | as long as short |
GRVT PAXG_USDT_Perp
Lighter PAXG
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,335 | +0.055% | $1.3M | $1.4M | 20x | as long as short |
| Binance PAXGUSDT | +0.0085% | 4h | 4,333.1 | +0.012% | $79.9M | $71.1M | 75x | as long as short |
| Extended PAXG-USDlong | +0.0088% | 1h | 4,332.6 | long leg | $378K | $1.4M | 25x | |
| MEXC PAXG_USDT | +0.0088% | 4h | 4,336.6 | +0.092% | $16.1M | $1.0M | 100x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,333.6 | +0.022% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,334.6 | +0.046% | $556 | — | 10x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,333.3 | +0.016% | $20.7M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,333.5 | +0.021% | $904K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,335.5 | +0.067% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,334.8 | +0.050% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.3 | +0.109% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,334.1 | +0.035% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.5 | +0.044% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335.3 | +0.062% | $1.3M | $800K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334.1 | +0.034% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,332 | −0.014% | $1.5M | $40K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.3 | +0.040% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,341 | +0.194% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1040% | 1h | 4,344.5 | +0.274% | $29K | $23K | 10x | as long as short |
Kraken Futures PF_PAXGUSD
Binance PAXGUSDT
MEXC PAXG_USDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
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