Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.028%
Price spread now: Extended against Gate−0.070%7-day average −0.107% · 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−$22as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.070%, 7d avg −0.107%
=Together, before fees+0.064%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,352.9 | 0 | get 0.0000% / 8h | 6h 29m | $15.7M | $3.5M | 100x |
| Short | Extended PAXG-USD | 4,349.8 | 0.0104 | get 0.0013% / 1h | 29m 13s | $380K | $1.4M | 25x |
Gate PAXG_USDT
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.84
- Price spread: −0.070% → −0.107%
- $3.67
- Slippage, 4 orders
- −$5.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$0.32
- Costs to cover
- 0.258%
- Break-even
- 7.1 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 1.38 bp | 10.5 bp −$10 | 13.5 bp −$135 | 26.6 bp −$2,655 | 61.3 bp −$30.6K |
| Sell Extended live order book, 4 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,351.5 | −0.031% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,352.9 | long leg | $15.7M | $3.5M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,346.8 | −0.140% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,353.3 | +0.009% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,354.2 | +0.031% | $906K | $633K | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.0032% | 1h | 4,350.6 | −0.052% | $42K | $160K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.129% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,349.2 | −0.086% | $1.4M | $304K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,350.8 | −0.049% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.5 | −0.032% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Hibachi PAXG/USDT-P
Injective PAXG/USDC PERP
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,351.8 | −0.025% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,352.7 | −0.005% | $1.0M | $364K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,349.4 | −0.081% | $80.2M | $70.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,351.2 | −0.039% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.2 | −0.038% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.9 | +0.022% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,351.3 | −0.037% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,351.9 | −0.024% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,351.7 | −0.029% | $1.4M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,351.2 | −0.040% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,350.8 | −0.048% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,349.1 | −0.088% | $263K | $788K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,352.4 | −0.011% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,349 | −0.090% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,349.8 | −0.070% | $380K | $1.4M | 25x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,351.2 | −0.039% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,350.4 | −0.058% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,356.3 | +0.078% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,362.4 | +0.218% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD