Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against KuCoin−0.072%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.072%, 7d avg −0.089%
=Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,336.1 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $26.7M | $5.5M | 30x |
| Short | Extended PAXG-USD | 4,333 | 0.0104 | get 0.0013% / 1h | 5m 59s | $377K | $1.2M | 25x |
KuCoin PAXGUSDTM
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.072% → −0.089%
- $1.71
- Slippage, 4 orders
- −$5.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$19.47
- Costs to cover
- 0.220%
- Break-even
- 169.2 days
Slippage from KuCoin: live order book, 3 min ago; Extended: 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, 3 min ago | 0.01 bp | 6.8 bp −$7 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0101% | 1h | 4,337 | +0.021% | $1K | $121K | 30x | as long as short |
| Hibachi PAXG/USDT-P | −0.0064% | 1h | 4,333.7 | −0.055% | $41K | $150K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,336.4 | +0.007% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.1 | +0.001% | $15.7M | $4.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.4 | −0.153% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.5 | +0.034% | $7.9M | $865K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,339 | +0.068% | $907K | $661K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,332.4 | −0.086% | $1.4M | $521K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,333.3 | −0.064% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,333.9 | −0.050% | $20.2M | $1.9M | 10x | as long as short |
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,333.8 | −0.053% | $905K | $75K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,334.5 | −0.036% | $1.0M | $371K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,333.5 | −0.058% | $79.8M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,334.7 | −0.033% | $15.1M | $3.9M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,334.8 | −0.029% | $15.9M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,336.1 | long leg | $26.7M | $5.5M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,333.6 | −0.057% | $9.2M | $14.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.2 | −0.043% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335.3 | −0.019% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334.7 | −0.032% | $12.4M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,334 | −0.048% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,332.5 | −0.082% | $262K | $798K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.1 | −0.045% | $556 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,331 | −0.117% | $1.5M | $40K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,333 | −0.072% | $377K | $1.2M | 25x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.8 | −0.052% | $20K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0224% | 1h | 4,334.2 | −0.044% | $1.3M | $1.6M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,337.8 | +0.040% | $1.0M | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1448% | 1h | 4,353.3 | +0.397% | $29K | $21K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit 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
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD