Funding you earn now, next payment 12:00 UTC+0.0927%/8h= +101.5% APRnext payment +$1.16 per $10,000 · paid last 24h +0.273%
Price spread now: 01 Exchange against Injective−0.405%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. 01 Exchange is 0.405% cheaper against Injective than usual: you would sell low and buy high (spread −0.405% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 35 hours of funding at the current rate (+$28 a day).
| 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 | 52m 00s | $1K | $151K | 30x |
| Short | 01 Exchange PAXGUSD | 4,329.7 | 0.0960 | get 0.0120% / 1h | 52m 00s | $29K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $194.6
- Price spread: −0.405% → 0.000%
- −$40.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $147.1
- Costs to cover
- 0.070%
- Break-even
- 1.7 days
Slippage unknown: Injective: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample | — | — | — | — | — |
Injective and 01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0024% | 1h | 4,317 | −0.697% | $1.4M | $495K | 25x | as long as short |
| dYdX PAXG-USD | −0.0004% | 1h | 4,321.5 | −0.593% | $116K | $16K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,320.6 | −0.614% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,313.8 | −0.771% | $2K | $2.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,321.9 | −0.584% | $7.9M | $203K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,321.2 | −0.600% | $910K | $825K | 75x | as long as short |
| Injective PAXG/USDC PERPlong | +0.0033% | 1h | 4,347.3 | long leg | $1K | $151K | 30x | |
| ApeX Omni PAXGUSDT | +0.0047% | 1h | 4,318.9 | −0.652% | $261K | $798K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,317.8 | −0.679% | $80K | $4.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,318.5 | −0.662% | $21.3M | $2.5M | 10x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,320 | −0.628% | $903K | $42K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,320.1 | −0.625% | $1.0M | $330K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,318.9 | −0.653% | $80.2M | $80.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,319.5 | −0.639% | $14.8M | $4.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,327.8 | −0.449% | $16.5M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321.5 | −0.594% | $28.8M | $6.0M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,318.8 | −0.656% | $9.2M | $16.7M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,319.9 | −0.629% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,319.2 | −0.647% | $1.2M | $859K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,318.4 | −0.665% | $12.2M | $278K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,319.8 | −0.633% | $1.5M | $2.0M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,317.9 | −0.676% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,320 | −0.628% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,318.2 | −0.669% | $376K | $1.8M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,318.2 | −0.670% | $20K | — | 100x | as long as short |
| Hibachi PAXG/USDT-P | +0.0192% | 1h | 4,319 | −0.651% | $45K | $178K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0263% | 1h | 4,319 | −0.651% | $1.2M | $2.1M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0280% | 1h | 4,331.7 | −0.359% | $933K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0960% | 1h | 4,329.7 | −0.405% | $29K | $23K | 10x |
Injective PAXG/USDC PERP
01 Exchange PAXGUSD
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
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
GRVT PAXG_USDT_Perp
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX