Funding you earn now, next payment 23:00 UTC+0.1304%/8h= +142.8% APRpaid last 24h +0.244%
Price spread now: 01 Exchange against Gate+0.197%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and 01 Exchange is 0.197% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,356 | 0 | get 0.0000% / 8h | 1h 10m | $15.8M | $3.6M | 100x |
| Short | 01 Exchange PAXGUSD | 4,364.6 | 0.1304 | get 0.0163% / 1h | 10m 42s | $29K | $22K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $273.84
- Price spread: +0.197% → 0.000%
- $19.74
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $271.58
- Costs to cover
- 0.220%
- Break-even
- 0.1 days
Slippage unknown: Gate: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 3 min ago | 0.57 bp | 9.0 bp −$9 | 11.5 bp −$115 | 26.7 bp −$2,670 | 60.9 bp −$30.4K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4,350.7 | −0.121% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,356 | long leg | $15.8M | $3.6M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,347.2 | −0.203% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,355.9 | −0.003% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,354.2 | −0.041% | $910K | $645K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.200% | $1K | $151K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,354.3 | −0.039% | $1.3M | $1.4M | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,353 | −0.068% | $1.4M | $273K | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0096% | 1h | 4,350 | −0.138% | $47K | $139K | 20x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,353.5 | −0.057% | $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 | 4,354 | −0.046% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,353.5 | −0.057% | $908K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,354.5 | −0.035% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,354 | −0.046% | $80.1M | $67.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,354.9 | −0.025% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,349.9 | −0.140% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,356.1 | +0.001% | $26.9M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,354.5 | −0.034% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,354.1 | −0.045% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,353.3 | −0.062% | $1.4M | $954K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.2 | −0.179% | $12.5M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,350.5 | −0.127% | $1.6M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,350 | −0.139% | $263K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.1 | −0.112% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,350 | −0.138% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,353.1 | −0.067% | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,352.6 | −0.078% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,351.8 | −0.096% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.1304% | 1h | 4,364.6 | +0.197% | $29K | $22K | 10x |
Gate PAXG_USDT
01 Exchange PAXGUSD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
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
Phemex PAXGUSDT
Extended PAXG-USD
Coinbase International PAXG-PERP-INTX