Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.026%
Price spread now: dYdX against GRVT+0.038%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days−0.235%−$24 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now +0.038%, 7d avg −0.014%
=Together, before fees−0.515%+ Points / potential airdropGRVT: Active · farm board−$52 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: dYdX is 0.053% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,340.2 | 0.0004 | pay 0.0002% / 4h | 2h 54m | $1.5M | $1.9M | 10x |
| Short | dYdX PAXG-USD | 4,341.9 | 0 | get 0.0000% / 1h | 54m 58s | $101K | $12K | 5x |
GRVT PAXG_USDT_Perp
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$0.84
- Price spread: +0.038% → −0.014%
- $5.26
- Slippage, 4 orders
- −$21.67
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.25
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; dYdX: live order book, 59 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 | 5.0 bp −$5 | 7.3 bp −$73 | 1026.2 bp −$102.6K | doesn't fit |
| Sell dYdX live order book, 59 min ago | 10.39 bp | 15.4 bp −$15 | 34.1 bp −$341 | 157.0 bp −$15.7K | 500.1 bp −$250.0K |
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 | −0.0208% | 1h | 4,341.7 | +0.035% | $46K | $158K | 20x | as long as short |
| Lighter PAXG | −0.0112% | 1h | 4,338.9 | −0.029% | $1.4M | $365K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,341.3 | +0.025% | $1.3M | $1.5M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0033% | 1h | 4,339.6 | −0.012% | $262K | $785K | 50x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,341.9 | +0.038% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,342.4 | +0.051% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,337.9 | −0.052% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,344.3 | +0.095% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342 | +0.043% | $905K | $691K | 75x | as long as short |
| GRVT PAXG_USDT_Perplong | +0.0004% | 4h | 4,340.2 | long leg | $1.5M | $1.9M | 10x |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0032% | 1h | 4,339.1 | −0.026% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0032% | 4h | 4,342.2 | +0.046% | $16.2M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.164% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,340.2 | −0.001% | $80.1M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0073% | 4h | 4,339.8 | −0.009% | $905K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0085% | 1h | 4,340.4 | +0.005% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,341.4 | +0.028% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,339.2 | −0.023% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,342.8 | +0.059% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,341.5 | +0.030% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,343.3 | +0.072% | $28.6M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,340.3 | +0.002% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,341.2 | +0.024% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,340.6 | +0.010% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,340.8 | +0.014% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,337 | −0.073% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,339.7 | −0.010% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,342.3 | +0.049% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,351.8 | +0.268% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD