PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%

Price spread now: Pacifica against Injective+0.040%7-day average −0.063% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.040%, 7d avg −0.063%

Together, before fees−0.057%+ Points / potential airdropPacifica: Active · farm board−$6 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 0.102% dearer against Injective than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.063%.

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	15m 20s	$1K	$151K	30x
Short	Pacifica PAXG	4,349	0.0100	get 0.0013% / 1h	15m 20s	$1.0M	$366K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee PacificabpOrdersPrice spread, now +0.040%Rate

Funding earned: $14
Price spread: +0.040% → −0.063%: $10.23
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $16.21
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Pacifica: 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 Pacifica live order book, 3 min ago	0.12 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 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	4,347	−0.008%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,350.5	+0.074%	$15.7M	$3.5M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,345.2	−0.049%	$2K	$3.9M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,353.9	+0.151%	$7.9M	$875K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,355.6	+0.192%	$904K	$645K	75x	as long as short
Injective PAXG/USDC PERPlong	+0.0033%	1h	4,347.3	long leg	$1K	$151K	30x
GRVT PAXG_USDT_Perp	+0.0042%	4h	4,349	+0.040%	$1.5M	$2.0M	10x	as long as short
Lighter PAXG	+0.0096%	1h	4,347.8	+0.011%	$1.4M	$270K	25x	as long as short
Paradex PAXG-USD-PERP	+0.0100%	8h	4,348.4	+0.026%	$80K	$3.7M	50x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,349	+0.039%	$20.7M	$2.1M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PAXGUSDT	+0.0100%	4h	4,348.4	+0.025%	$907K	$29K	50x	as long as short
Pacifica PAXGshort	+0.0100%	1h	4,349	+0.040%	$1.0M	$366K	10x
Binance PAXGUSDT	+0.0100%	4h	4,349.7	+0.055%	$80.3M	$71.0M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,350.9	+0.082%	$15.1M	$3.6M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	4,350.4	+0.071%	$16.2M	$1.2M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,350.8	+0.081%	$28.4M	$5.5M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,351.2	+0.089%	$9.6M	$15.1M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,349.5	+0.050%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,348.9	+0.037%	$1.4M	$844K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,348.3	+0.022%	$12.5M	$104K	—	as long as short
ApeX Omni PAXGUSDT	+0.0100%	1h	4,346.2	−0.025%	$263K	$787K	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,348.5	+0.028%	$558	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,347	−0.007%	$1.5M	$39K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	4,348.7	+0.033%	$382K	$1.4M	25x	as long as short
Hibachi PAXG/USDT-P	+0.0152%	1h	4,348.8	+0.034%	$42K	$146K	20x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,350.1	+0.064%	$21K	—	100x	as long as short
Kraken Futures PF_PAXGUSD	+0.0208%	1h	4,350.9	+0.082%	$1.3M	$1.4M	20x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0304%	1h	4,349.6	+0.053%	$972K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0992%	1h	4,359.1	+0.271%	$29K	$23K	10x	as long as short