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: Bybit against KuCoin−0.022%7-day average −0.034% · 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−$27as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.022%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,358.9 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $28.4M | $5.6M | 30x |
| Short | Bybit PAXGUSDT | 4,357.9 | 0.0100 | get 0.0050% / 4h | 3h 36m | $15.1M | $3.7M | 75x |
KuCoin PAXGUSDTM
Bybit PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.022% → −0.034%
- $1.28
- Slippage, 4 orders
- −$5.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.23
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 0.88 bp | 8.4 bp −$8 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.12 bp | 5.6 bp −$6 | 10.6 bp −$106 | 26.4 bp −$2,643 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,359.2 | +0.008% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.2 | −0.015% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,352 | −0.156% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,359.1 | +0.007% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,362.4 | +0.081% | $907K | $662K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.265% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,355.6 | −0.076% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,355.7 | −0.072% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,356.8 | −0.047% | $20.8M | $2.1M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,356.8 | −0.046% | $909K | $29K | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,357.6 | −0.028% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,356.7 | −0.050% | $80.2M | $71.0M | 75x | as long as short |
| Bybit PAXGUSDTshort | +0.0100% | 4h | 4,357.9 | −0.022% | $15.1M | $3.7M | 75x | |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.7 | −0.026% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,358.9 | long leg | $28.4M | $5.6M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,357.4 | −0.034% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,356.9 | −0.044% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,357.1 | −0.040% | $1.4M | $854K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,359.4 | +0.012% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,356.3 | −0.059% | $1.6M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,356.1 | −0.063% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,355.7 | −0.072% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.111% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,354.9 | −0.091% | $379K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0136% | 1h | 4,357.7 | −0.027% | $42K | $157K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,355.1 | −0.086% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,355.7 | −0.073% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,366.2 | +0.168% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1032% | 1h | 4,367 | +0.187% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
MEXC PAXG_USDT
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD