Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Deribit against Gate+0.028%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.028%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.033% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,336.2 | 0 | get 0.0000% / 8h | 2h 37m | $15.6M | $3.4M | 100x |
| Short | Deribit PAXG_USDC-PERPETUAL | 4,337.4 | 0 | get 0.0000% / 1h | 37m 58s | $7.9M | $843K | 50x |
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $0
- Price spread: +0.028% → −0.004%
- $3.26
- Slippage, 4 orders
- −$15.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.41
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Deribit: 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 | 0.58 bp | 10.9 bp −$11 | 14.3 bp −$143 | 28.1 bp −$2,809 | 60.6 bp −$30.3K |
| Sell Deribit live order book, 1 min ago | 2.36 bp | 10.8 bp −$11 | 17.7 bp −$177 | 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 | −0.0168% | 1h | 4,337.6 | +0.031% | $46K | $158K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,334.2 | −0.046% | $1.2M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0088% | 1h | 4,332.3 | −0.089% | $1.4M | $379K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0004% | 1h | 4,342.1 | +0.135% | $263K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338 | +0.042% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,336.2 | long leg | $15.6M | $3.4M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,330 | −0.144% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUALshort | 0.0000% | 1h | 4,337.4 | +0.028% | $7.9M | $843K | 50x | |
| HTX PAXG-USDT | 0.0000% | 4h | 4,340.6 | +0.100% | $903K | $699K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0032% | 4h | 4,341.5 | +0.123% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
ApeX Omni PAXGUSDT
dYdX PAXG-USD
SunX PAXG-USDT
HTX PAXG-USDT
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 | +0.256% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,333.1 | −0.071% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0042% | 4h | 4,337.3 | +0.025% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0043% | 4h | 4,334.9 | −0.029% | $80.1M | $70.7M | 75x | as long as short |
| Hyperliquid PAXG | +0.0072% | 1h | 4,334.4 | −0.042% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0075% | 4h | 4,336.9 | +0.016% | $905K | $26K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,335.5 | −0.015% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,333.8 | −0.055% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,337.8 | +0.037% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,336.1 | −0.002% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.7 | +0.035% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,334.8 | −0.031% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.2 | −0.022% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335.2 | −0.024% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.2 | +0.139% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | −0.051% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.1 | −0.048% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.262% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0784% | 1h | 4,346.7 | +0.242% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Hyperliquid PAXG
Aster PAXGUSDT
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