Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.018%
Price spread now: GRVT against Gate−0.018%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now −0.018%, 7d avg −0.054%
=Together, before fees+0.110%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.036% dearer against Gate than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.054%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,324.9 | 0 | get 0.0000% / 8h | 1h 59m | $15.6M | $3.7M | 100x |
| Short | GRVT PAXG_USDT_Perp | 4,324.1 | −0.0076 | pay 0.0038% / 4h | 1h 59m | $1.5M | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$15.96
- Price spread: −0.018% → −0.054%
- $3.61
- Slippage, 4 orders
- −$7.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$44.24
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; GRVT: 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 | 0.93 bp | 10.1 bp −$10 | 13.0 bp −$130 | 27.0 bp −$2,697 | 60.2 bp −$30.1K |
| Sell GRVT live order book, 4 min ago | 0.01 bp | 4.5 bp −$5 | 6.0 bp −$60 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0136% | 1h | 4,320.5 | −0.102% | $1.4M | $392K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0128% | 1h | 4,322.9 | −0.046% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,324.3 | −0.013% | $1.2M | $1.9M | 20x | as long as short |
| GRVT PAXG_USDT_Perpshort | −0.0076% | 4h | 4,324.1 | −0.018% | $1.5M | $2.0M | 10x | |
| ApeX Omni PAXGUSDT | −0.0001% | 1h | 4,323.5 | −0.033% | $261K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,325.2 | +0.008% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,324.9 | long leg | $15.6M | $3.7M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,320.5 | −0.102% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,328 | +0.072% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,328.8 | +0.090% | $902K | $747K | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0008% | 1h | 4,321.2 | −0.086% | $376K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0009% | 4h | 4,322.3 | −0.059% | $79.7M | $74.2M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0010% | 4h | 4,324.6 | −0.007% | $16.5M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.518% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0034% | 4h | 4,324.4 | −0.011% | $902K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,322.5 | −0.056% | $81K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,323.4 | −0.035% | $555 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,322.4 | −0.058% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,324.5 | −0.009% | $1.0M | $320K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,323.3 | −0.037% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,324.8 | −0.003% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,322.4 | −0.058% | $9.3M | $16.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,323.7 | −0.028% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,324.5 | −0.009% | $1.3M | $811K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,323.7 | −0.029% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,321 | −0.090% | $1.5M | $46K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,323.6 | −0.030% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,333.5 | +0.198% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0776% | 1h | 4,333.1 | +0.190% | $29K | $24K | 10x | as long as short |
Gate PAXG_USDT
GRVT PAXG_USDT_Perp
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD