Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: KuCoin against Gate+0.001%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days+0.005%$0 · spread now +0.001%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,358.6 | 0 | get 0.0000% / 8h | 7h 37m | $15.7M | $3.5M | 100x |
| Short | KuCoin PAXGUSDTM | 4,358.6 | 0.0100 | get 0.0050% / 4h | 3h 37m | $28.4M | $5.6M | 30x |
Gate PAXG_USDT
KuCoin PAXGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.001% → −0.023%
- $2.42
- Slippage, 4 orders
- −$10.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$14.21
- Costs to cover
- 0.376%
- Break-even
- 11.7 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 11 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 | 1.03 bp | 10.5 bp −$11 | 13.1 bp −$131 | 26.5 bp −$2,652 | 62.3 bp −$31.1K |
| Sell KuCoin live order book, 11 min ago | 0.01 bp | 7.0 bp −$7 | 12.0 bp −$120 | 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 | 4,359.2 | +0.014% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,358.6 | long leg | $15.7M | $3.5M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,352.3 | −0.146% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,360.3 | +0.038% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,363.9 | +0.122% | $907K | $661K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.259% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,355.2 | −0.079% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,355.7 | −0.066% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,356.5 | −0.048% | $20.8M | $2.1M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,358.1 | −0.011% | $909K | $30K | 50x | as long as short |
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,357.6 | −0.023% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,356.1 | −0.058% | $80.2M | $71.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,357.5 | −0.025% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.4 | −0.028% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTMshort | +0.0100% | 4h | 4,358.6 | +0.001% | $28.4M | $5.6M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,357 | −0.037% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,357 | −0.038% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,357.3 | −0.031% | $1.4M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,359.4 | +0.018% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,361 | +0.055% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,356.1 | −0.057% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,356.4 | −0.050% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,355 | −0.083% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,355 | −0.083% | $379K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0128% | 1h | 4,357.5 | −0.026% | $42K | $157K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,357.4 | −0.029% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,357.2 | −0.033% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,366.2 | +0.174% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1032% | 1h | 4,367.1 | +0.195% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
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
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD