Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: BingX against Gate−0.037%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.037%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,351.8 | 0 | get 0.0000% / 8h | 1h 12m | $15.8M | $3.6M | 100x |
| Short | BingX PAXG-USDT | 4,350.2 | 0.0100 | get 0.0050% / 4h | 1h 12m | — | $6.8M | — |
Gate PAXG_USDT
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $21
- Price spread: −0.037% → −0.054%
- $1.71
- Slippage, 4 orders
- −$5.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$7.94
- Costs to cover
- 0.306%
- Break-even
- 9.6 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 5 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 Gate live order book, 1 min ago | 0.57 bp | 9.0 bp −$9 | 11.5 bp −$115 | 26.7 bp −$2,670 | 60.9 bp −$30.4K |
| Sell BingX live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 8.0 bp −$801 | 24.6 bp −$12.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,347.3 | −0.105% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,351.8 | long leg | $15.8M | $3.6M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,344.2 | −0.176% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,353.4 | +0.036% | $7.9M | $865K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,351.8 | +0.001% | $910K | $645K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.103% | $1K | $151K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,351.4 | −0.010% | $1.3M | $1.4M | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,349 | −0.064% | $1.4M | $273K | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0096% | 1h | 4,348.2 | −0.084% | $47K | $139K | 20x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,349.3 | −0.058% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Lighter PAXG
Hibachi PAXG/USDT-P
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,350 | −0.041% | $20.3M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,349.8 | −0.047% | $908K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,350.6 | −0.028% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,350 | −0.041% | $80.1M | $67.1M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,350.9 | −0.020% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,345.8 | −0.137% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,350.9 | −0.020% | $26.8M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,350.1 | −0.038% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,350.2 | −0.037% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,350.6 | −0.028% | $1.4M | $954K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.2 | −0.083% | $12.5M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,348.2 | −0.083% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,347.5 | −0.100% | $263K | $797K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,348.8 | −0.069% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,347 | −0.110% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,349.2 | −0.060% | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,349.8 | −0.045% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,351.8 | 0.000% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1320% | 1h | 4,360.6 | +0.202% | $29K | $22K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD