Funding you earn now, next payment 16:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.98 per $10,000 · paid last 24h +0.030%
Price spread now: Paradex against Gate−0.102%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 4 days (all we have)+0.080%+$8 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.102%, 7d avg −0.092%
=Together, before fees+0.076%+ Points / potential airdropParadex: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, 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 | 4,323.5 | 0 | get 0.0000% / 8h | 4h 11m | $15.6M | $3.9M | 100x |
| Short | Paradex PAXG-USD-PERP | 4,319.1 | 0.0098 | get 0.0098% / 8h | 4h 11m | $80K | $4.1M | 50x |
Gate PAXG_USDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $20.67
- Price spread: −0.102% → −0.092%
- −$1.02
- Slippage, 4 orders
- −$9.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.4
- Costs to cover
- 0.280%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 5 min ago; Paradex: 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, 5 min ago | 0.93 bp | 10.2 bp −$10 | 13.6 bp −$136 | 25.4 bp −$2,545 | 61.3 bp −$30.7K |
| Sell Paradex live order book, 1 min ago | 2.26 bp | 4.3 bp −$4 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
PAXG on 29 exchanges
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 | −0.0112% | 1h | 4,319.9 | −0.083% | $43K | $187K | 20x | as long as short |
| dYdX PAXG-USD | −0.0001% | 1h | 4,321 | −0.058% | $116K | $16K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,323.5 | long leg | $15.6M | $3.9M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.2 | −0.123% | $2K | $2.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,325 | +0.036% | $7.9M | $148K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,324.5 | +0.024% | $910K | $840K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.550% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0072% | 1h | 4,319.5 | −0.093% | $1.4M | $559K | 25x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0098% | 8h | 4,319.1 | −0.102% | $80K | $4.1M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,321.1 | −0.056% | $21.3M | $2.5M | 10x | as long as short |
Hibachi PAXG/USDT-P
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Lighter PAXG
Hyperliquid PAXGShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,322.1 | −0.033% | $903K | $68K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.3 | −0.051% | $1.0M | $332K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,321.5 | −0.046% | $80.5M | $79.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,321.7 | −0.041% | $14.8M | $4.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,325.5 | +0.045% | $16.6M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,323.5 | 0.000% | $28.8M | $6.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,321.8 | −0.040% | $9.3M | $16.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,322.2 | −0.031% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,319.7 | −0.087% | $1.2M | $846K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.9 | −0.129% | $12.2M | $278K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,319.4 | −0.094% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,317.4 | −0.141% | $261K | $797K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.7 | −0.065% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,318 | −0.127% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,319.9 | −0.082% | $374K | $2.1M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.7 | −0.087% | $20K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0263% | 1h | 4,321.8 | −0.039% | $1.2M | $2.1M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0280% | 1h | 4,321.6 | −0.045% | $936K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.2056% | 1h | 4,381.7 | +1.346% | $29K | $24K | 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
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD