Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: BingX against GRVT+0.081%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$220.215% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.081%, 7d avg 0.000%
=Together, before fees−0.039%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.082% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,350.5 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.6M | $1.9M | 10x |
| Short | BingX PAXG-USDT | 4,354 | 0.0100 | get 0.0050% / 4h | 1h 10m | — | $6.8M | — |
GRVT PAXG_USDT_Perp
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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
- $0
- Price spread: +0.081% → 0.000%
- $8.18
- Slippage, 4 orders
- −$2.5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.33
- Costs to cover
- 0.215%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; BingX: live order book, 6 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 GRVT live order book, 3 min ago | 0.01 bp | 6.2 bp −$6 | 9.1 bp −$91 | 1924.9 bp −$192.5K | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 8.0 bp −$801 | 24.6 bp −$12.3K |
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 | +0.007% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,355.7 | +0.121% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,347.2 | −0.076% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,355.9 | +0.125% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,354.2 | +0.087% | $910K | $645K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.073% | $1K | $151K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,354.3 | +0.088% | $1.3M | $1.4M | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,353 | +0.059% | $1.4M | $273K | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0096% | 1h | 4,350 | −0.011% | $47K | $139K | 20x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,352.3 | +0.042% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Lighter PAXG
Hibachi PAXG/USDT-P
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,354 | +0.081% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,353.4 | +0.068% | $908K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,353.2 | +0.064% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,353.9 | +0.079% | $80.1M | $67.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,354.7 | +0.098% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,350.1 | −0.009% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,356 | +0.126% | $26.9M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,354.5 | +0.092% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,354 | +0.081% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,353.3 | +0.065% | $1.4M | $954K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.2 | −0.052% | $12.5M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perplong | +0.0100% | 4h | 4,350.5 | long leg | $1.6M | $1.9M | 10x | |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,350 | −0.011% | $263K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.1 | +0.015% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,350 | −0.010% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,352.9 | +0.055% | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,352.6 | +0.049% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,351.8 | +0.031% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1312% | 1h | 4,363.6 | +0.302% | $29K | $22K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD