Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: dYdX against Gate−0.040%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.040%, 7d avg −0.056%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,322.8 | 0 | get 0.0000% / 8h | 2h 17m | $15.6M | $3.7M | 100x |
| Short | dYdX PAXG-USD | 4,321.1 | 0 | get 0.0000% / 1h | 17m 47s | $101K | $12K | 5x |
Gate PAXG_USDT
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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: −0.040% → −0.056%
- $1.65
- Slippage, 4 orders
- −$25.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$48.36
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; dYdX: live order book, 31 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 | 0.69 bp | 9.5 bp −$10 | 13.0 bp −$130 | 23.4 bp −$2,337 | 57.7 bp −$28.9K |
| Sell dYdX live order book, 31 min ago | 10.36 bp | 15.4 bp −$15 | 95.6 bp −$956 | 165.8 bp −$16.6K | 867.4 bp −$433.7K |
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 | −0.0160% | 1h | 4,319.8 | −0.070% | $40K | $165K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,320.5 | −0.053% | $1.4M | $389K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,323.6 | +0.017% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0039% | 1h | 4,315.7 | −0.164% | $261K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0032% | 4h | 4,319.2 | −0.084% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,321.1 | −0.040% | $101K | $12K | 5x | |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,322.8 | long leg | $15.6M | $3.7M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,319.2 | −0.084% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,326.1 | +0.076% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.1 | +0.053% | $902K | $735K | 75x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0020% | 4h | 4,324.3 | +0.034% | $16.4M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0021% | 4h | 4,322.7 | −0.002% | $79.7M | $74.2M | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,320.9 | −0.043% | $377K | $1.4M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.567% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0049% | 4h | 4,322.1 | −0.017% | $902K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0086% | 1h | 4,321.4 | −0.032% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,323.4 | +0.014% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.8 | −0.046% | $554 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,322.8 | +0.001% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,323.2 | +0.009% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,324.7 | +0.045% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,322.8 | 0.000% | $9.3M | $16.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,321.4 | −0.034% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,322.7 | −0.002% | $1.3M | $814K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.2 | −0.130% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,321 | −0.042% | $1.5M | $45K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,321 | −0.042% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,323.1 | +0.007% | $951K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0816% | 1h | 4,331.5 | +0.201% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
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