Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against KuCoin−0.023%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.023%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,343.3 | 0.0100 | pay 0.0050% / 4h | 15m 53s | $28.6M | $5.4M | 30x |
| Short | MEXC PAXG_USDT | 4,342.3 | 0.0100 | get 0.0050% / 4h | 15m 53s | $16.1M | $1.1M | 100x |
KuCoin PAXGUSDTM
MEXC PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.023% → +0.032%
- −$5.42
- Slippage, 4 orders
- −$11.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$32.85
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 3 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 | 0.91 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.49 bp | 5.7 bp −$6 | 20.0 bp −$200 | 45.6 bp −$4,559 | 119.8 bp −$59.9K |
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 | −0.0136% | 1h | 4,342.8 | −0.010% | $42K | $155K | 20x | as long as short |
| Lighter PAXG | 0.0000% | 1h | 4,341.1 | −0.052% | $1.4M | $357K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,345.5 | +0.050% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.8 | −0.035% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,339.7 | −0.084% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,346.8 | +0.080% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,348.9 | +0.128% | $905K | $682K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.092% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0078% | 4h | 4,344.9 | +0.037% | $1.5M | $1.9M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,343.5 | +0.004% | $81K | $3.7M | 50x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.7 | −0.014% | $557 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,340.6 | −0.062% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,341.1 | −0.052% | $906K | $26K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345 | +0.039% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,338.9 | −0.101% | $80.1M | $70.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,341.5 | −0.041% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDTshort | +0.0100% | 4h | 4,342.3 | −0.023% | $16.1M | $1.1M | 100x | |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,343.3 | long leg | $28.6M | $5.4M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.3 | −0.091% | $9.7M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,340.6 | −0.063% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,341.1 | −0.050% | $1.3M | $804K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,343.1 | −0.005% | $12.5M | $97K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,343.8 | +0.011% | $263K | $788K | 50x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,343 | −0.007% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,338.7 | −0.107% | $379K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.2 | −0.003% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,343 | −0.006% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,346.5 | +0.073% | $968K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0856% | 1h | 4,354.2 | +0.251% | $29K | $23K | 10x | as long as short |
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD