Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.009%
Price spread now: Pacifica against GRVT+0.058%7-day average +0.005% · 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−$15as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.058%, 7d avg +0.005%
=Together, before fees−0.027%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.053% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,339.1 | 0.0038 | pay 0.0019% / 4h | 0m 56s | $1.5M | $1.9M | 10x |
| Short | Pacifica PAXG | 4,341.6 | 0.0100 | get 0.0013% / 1h | 0m 56s | $1.0M | $340K | 10x |
GRVT PAXG_USDT_Perp
Pacifica PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $13.02
- Price spread: +0.058% → +0.005%
- $5.31
- Slippage, 4 orders
- −$3.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$2.44
- Costs to cover
- 0.208%
- Break-even
- 8.3 days
Slippage from GRVT: live order book, 2 min ago; Pacifica: live order book, 3 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, 2 min ago | 0.01 bp | 5.5 bp −$6 | 7.0 bp −$70 | 357.0 bp −$35.7K | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.23 bp | 5.4 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 | 4,340.2 | +0.026% | $42K | $155K | 20x | as long as short |
| Lighter PAXG | −0.0040% | 1h | 4,337.8 | −0.030% | $1.4M | $359K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,342 | +0.067% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.6 | +0.058% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,333.8 | −0.121% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,342.7 | +0.084% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.8 | +0.131% | $904K | $685K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.189% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perplong | +0.0038% | 4h | 4,339.1 | long leg | $1.5M | $1.9M | 10x | |
| ApeX Omni PAXGUSDT | +0.0043% | 1h | 4,337 | −0.047% | $262K | $787K | 50x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,340 | +0.020% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,339 | −0.002% | $557 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,339.4 | +0.007% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,340.9 | +0.042% | $906K | $26K | 50x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,341.6 | +0.058% | $1.0M | $340K | 10x | |
| Binance PAXGUSDT | +0.0100% | 4h | 4,338.7 | −0.010% | $80.0M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,339.5 | +0.009% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,341.2 | +0.049% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342 | +0.068% | $28.6M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.6 | +0.012% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,339.9 | +0.019% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.8 | +0.015% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,339.2 | +0.002% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,336 | −0.071% | $1.5M | $40K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,337.4 | −0.039% | $378K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,338.8 | −0.007% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,340.1 | +0.023% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,341 | +0.044% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0888% | 1h | 4,350.8 | +0.270% | $29K | $23K | 10x | as long as short |
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
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
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD