Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.025%
Price spread now: Bitget against Gate−0.056%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.056%, 7d avg −0.068%
=The price spread sits at its 7-day average of −0.068%, 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 | 4,346 | 0 | get 0.0000% / 8h | 2h 42m | $15.7M | $3.4M | 100x |
| Short | Bitget PAXGUSDT | 4,343.6 | 0.0100 | get 0.0050% / 4h | 2h 42m | $9.7M | $15.2M | 50x |
Gate PAXG_USDT
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.056% → −0.068%
- $1.11
- Slippage, 4 orders
- −$8.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.07
- Costs to cover
- 0.352%
- Break-even
- 11.4 days
Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 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 | 0.23 bp | 8.7 bp −$9 | 12.2 bp −$122 | 23.9 bp −$2,394 | 59.4 bp −$29.7K |
| Sell Bitget live order book, 1 min ago | 0.01 bp | 7.2 bp −$7 | 8.3 bp −$83 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0184% | 1h | 4,344.6 | −0.031% | $46K | $162K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,344.5 | −0.035% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0072% | 1h | 4,342.2 | −0.087% | $1.4M | $366K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | −0.095% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,346 | long leg | $15.7M | $3.4M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.127% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.8 | +0.042% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,346.8 | +0.018% | $906K | $691K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0006% | 1h | 4,343.8 | −0.050% | $263K | $782K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0030% | 4h | 4,344.4 | −0.036% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.030% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,342.6 | −0.078% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0042% | 4h | 4,344.8 | −0.029% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0044% | 4h | 4,343.7 | −0.053% | $80.2M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0078% | 4h | 4,343.5 | −0.058% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0085% | 1h | 4,344.1 | −0.044% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,344.3 | −0.040% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | −0.071% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345.2 | −0.017% | $1.0M | $353K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.9 | −0.025% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346.7 | +0.017% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,343.6 | −0.056% | $9.7M | $15.2M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,345.3 | −0.017% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344.6 | −0.032% | $1.3M | $795K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,343.5 | −0.058% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.161% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.7 | −0.052% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.035% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0760% | 1h | 4,354.6 | +0.198% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD