Funding you earn now, next payment 11:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.005%
Price spread now: Gate against Injective−0.232%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.232%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.181% cheaper against Injective than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | pay 0.0004% / 1h | 59m 02s | $1K | $151K | 30x |
| Short | Gate PAXG_USDT | 4,337.2 | 0 | get 0.0000% / 8h | 5h 59m | $15.7M | $4.0M | 100x |
Injective PAXG/USDC PERP
Gate PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- −$7
- Price spread: −0.232% → −0.051%
- −$18.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.17
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 1.04 bp | 8.8 bp −$9 | 13.7 bp −$137 | 27.8 bp −$2,784 | 61.3 bp −$30.7K |
Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0159% | 1h | 4,332.7 | −0.335% | $117K | $16K | 5x | as long as short |
| Gate PAXG_USDTshort | 0.0000% | 8h | 4,337.2 | −0.232% | $15.7M | $4.0M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,332.8 | −0.334% | $2K | $2.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,339.6 | −0.178% | $7.9M | $180K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,337.1 | −0.235% | $913K | $820K | 75x | as long as short |
| Injective PAXG/USDC PERPlong | +0.0033% | 1h | 4,347.3 | long leg | $1K | $151K | 30x | |
| Lighter PAXG | +0.0064% | 1h | 4,334.4 | −0.297% | $1.4M | $498K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0078% | 4h | 4,331.4 | −0.366% | $1.5M | $2.0M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,334 | −0.306% | $80K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,335.2 | −0.278% | $21.3M | $2.5M | 10x | as long as short |
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,335.5 | −0.272% | $907K | $41K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,336.7 | −0.245% | $1.0M | $303K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,335.2 | −0.279% | $80.3M | $81.3M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,335.6 | −0.269% | $14.9M | $4.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,336.8 | −0.243% | $16.6M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,338.7 | −0.197% | $28.9M | $5.9M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,335.4 | −0.275% | $9.2M | $16.8M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.7 | −0.266% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335.8 | −0.265% | $1.2M | $873K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,331 | −0.374% | $12.2M | $298K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,331.5 | −0.363% | $262K | $798K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.9 | −0.285% | $556 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,331 | −0.375% | $1.5M | $81K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,334 | −0.305% | $374K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0187% | 1h | 4,336.9 | −0.240% | $1.2M | $2.1M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.1 | −0.303% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0264% | 1h | 4,332.6 | −0.339% | $934K | $1.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0304% | 1h | 4,337.2 | −0.232% | $43K | $181K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.1112% | 1h | 4,345.8 | −0.035% | $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
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
Hibachi PAXG/USDT-P
01 Exchange PAXGUSD