Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: Paradex against KuCoin−0.062%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.062%, 7d avg −0.075%
=Together, before fees−0.052%+ Points / potential airdropParadex: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,323.3 | 0.0100 | pay 0.0050% / 4h | 37m 21s | $28.7M | $5.3M | 30x |
| Short | Paradex PAXG-USD-PERP | 4,320.7 | 0.0098 | get 0.0098% / 8h | 37m 21s | $85K | $3.5M | 50x |
KuCoin PAXGUSDTM
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.34
- Price spread: −0.062% → −0.075%
- $1.31
- Slippage, 4 orders
- −$8.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$23.95
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Paradex: 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 | 0.42 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex live order book, 2 min ago | 2.29 bp | 4.3 bp −$4 | 103.7 bp −$1,037 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0176% | 1h | 4,319.5 | −0.090% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,321.8 | −0.035% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0104% | 1h | 4,322.4 | −0.022% | $41K | $168K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,322.1 | −0.029% | $1.2M | $1.8M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.4 | −0.044% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,323.2 | −0.003% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,317.9 | −0.125% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,325.5 | +0.051% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.9 | +0.060% | $903K | $783K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,326.7 | +0.078% | $16.7M | $1.0M | 100x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0013% | 4h | 4,321.2 | −0.050% | $79.7M | $74.1M | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,319.4 | −0.091% | $376K | $1.6M | 25x | as long as short |
| Aster PAXGUSDT | +0.0021% | 4h | 4,321.9 | −0.034% | $902K | $29K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.554% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0076% | 4h | 4,321.2 | −0.050% | $9.4M | $15.9M | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0081% | 1h | 4,322.3 | −0.023% | $262K | $775K | 50x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0098% | 8h | 4,320.7 | −0.062% | $85K | $3.5M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.4 | −0.068% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,321.4 | −0.045% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,323.8 | +0.011% | $1.0M | $303K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,322 | −0.031% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,323.3 | long leg | $28.7M | $5.3M | 30x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,322.4 | −0.021% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,322.3 | −0.024% | $1.3M | $818K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,322.2 | −0.026% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,322 | −0.031% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,320.7 | −0.061% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,325.9 | +0.060% | $950K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0904% | 1h | 4,332.9 | +0.221% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD