Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.064%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.064%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.034% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,346.9 | 0.0100 | pay 0.0050% / 4h | 22m 38s | $28.6M | $5.4M | 30x |
| Short | BingX PAXG-USDT | 4,344.1 | 0.0100 | get 0.0050% / 4h | 22m 38s | — | $6.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- Price spread: −0.064% → −0.030%
- −$3.39
- Slippage, 4 orders
- −$6.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$32.09
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 15 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 KuCoin live order book, 6 min ago | 0.70 bp | 8.2 bp −$8 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 0.24 bp | 5.2 bp −$5 | 5.3 bp −$53 | 9.1 bp −$906 | 23.2 bp −$11.6K |
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 | 4,344.5 | −0.055% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,345.5 | −0.032% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.9 | −0.023% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.7 | −0.142% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.2 | +0.008% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,345.9 | −0.022% | $906K | $679K | 75x | as long as short |
| Lighter PAXG | +0.0024% | 1h | 4,342.5 | −0.101% | $1.4M | $357K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.010% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0096% | 4h | 4,344.6 | −0.053% | $1.5M | $1.9M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,343.3 | −0.082% | $557 | — | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343.3 | −0.083% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,344.3 | −0.059% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,344.4 | −0.057% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345.3 | −0.036% | $1.0M | $339K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,343 | −0.089% | $80.1M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.6 | −0.052% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,344.8 | −0.048% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,346.9 | long leg | $28.6M | $5.4M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343.9 | −0.069% | $9.7M | $14.9M | 50x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,344.1 | −0.064% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344.2 | −0.063% | $1.3M | $804K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,344.3 | −0.058% | $12.5M | $97K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,343.8 | −0.071% | $263K | $787K | 50x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,341 | −0.135% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,341.8 | −0.117% | $379K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.7 | −0.072% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,344.4 | −0.057% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,348.9 | +0.047% | $968K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0848% | 1h | 4,354.8 | +0.182% | $29K | $23K | 10x | as long as short |
KuCoin PAXGUSDTM
BingX PAXG-USDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD