Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Gate−0.026%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.026%, 7d avg −0.046%
=Together, before fees+0.172%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,341.6 | 0 | get 0.0000% / 8h | 4h 52m | $15.6M | $3.3M | 100x |
| Short | Pacifica PAXG | 4,340.5 | 0.0100 | get 0.0013% / 1h | 52m 41s | $1.0M | $339K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.026% → −0.046%
- $1.99
- Slippage, 4 orders
- −$5.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$5.28
- Costs to cover
- 0.283%
- Break-even
- 8.8 days
Slippage from Gate: live order book, 1 min ago; Pacifica: 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 | 0.12 bp | 8.2 bp −$8 | 11.2 bp −$112 | 22.3 bp −$2,235 | 54.5 bp −$27.2K |
| Sell Pacifica live order book, 1 min ago | 0.12 bp | 4.5 bp −$5 | doesn't fit | 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 | −0.0128% | 1h | 4,338.2 | −0.077% | $41K | $158K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.3 | −0.007% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,341.6 | long leg | $15.6M | $3.3M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,335.5 | −0.141% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,342.5 | +0.021% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.4 | +0.064% | $905K | $672K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.131% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0088% | 1h | 4,337.4 | −0.098% | $1.4M | $347K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0092% | 4h | 4,341.9 | +0.007% | $1.5M | $1.9M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,337.9 | −0.086% | $80K | $3.7M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,339.6 | −0.046% | $20.7M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,340 | −0.037% | $905K | $30K | 50x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,340.5 | −0.026% | $1.0M | $339K | 10x | |
| Binance PAXGUSDT | +0.0100% | 4h | 4,338.6 | −0.070% | $80.1M | $70.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,339.3 | −0.052% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,340.2 | −0.033% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,341.8 | +0.004% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.4 | −0.051% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,339.7 | −0.044% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.6 | −0.047% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,339 | −0.059% | $12.4M | $97K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,339.9 | −0.039% | $262K | $790K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,338.5 | −0.071% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.060% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,337.7 | −0.091% | $380K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,338.5 | −0.070% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,340 | −0.038% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,342.3 | +0.015% | $967K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0968% | 1h | 4,349 | +0.170% | $29K | $23K | 10x | as long as short |
Gate PAXG_USDT
Pacifica PAXG
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Lighter PAXG
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD