Funding you earn now, next payment 08:00 UTC+0.0828%/8h= +90.7% APRpaid last 24h +0.234%
Price spread now: 01 Exchange against KuCoin+0.229%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and 01 Exchange is 0.229% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,312.4 | 0.0100 | pay 0.0050% / 4h | 15m 48s | $28.6M | $5.3M | 30x |
| Short | 01 Exchange PAXGUSD | 4,322.3 | 0.0928 | get 0.0116% / 1h | 15m 48s | $29K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $173.88
- Price spread: +0.229% → 0.000%
- $22.91
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $177.79
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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 | 0.64 bp | 8.6 bp −$9 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0192% | 1h | 4,308.6 | −0.089% | $1.4M | $496K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,312.7 | +0.006% | $42K | $170K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0110% | 4h | 4,313.2 | +0.017% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,310.7 | −0.040% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.022% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,312.7 | +0.006% | $15.5M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,307.3 | −0.119% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,316 | +0.082% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,316.6 | +0.096% | $902K | $795K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0022% | 4h | 4,318.3 | +0.137% | $16.6M | $1.1M | 100x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0023% | 4h | 4,310.4 | −0.046% | $79.6M | $76.0M | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,309.2 | −0.074% | $376K | $1.5M | 25x | as long as short |
| Aster PAXGUSDT | +0.0028% | 4h | 4,311.6 | −0.019% | $899K | $30K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.809% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0041% | 1h | 4,312.8 | +0.008% | $261K | $774K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0056% | 4h | 4,310.1 | −0.053% | $9.5M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,311.2 | −0.029% | $85K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,310.2 | −0.051% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,313 | +0.013% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,310.9 | −0.035% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,312.4 | long leg | $28.6M | $5.3M | 30x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,311.9 | −0.012% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,310.8 | −0.037% | $1.3M | $834K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,310.3 | −0.050% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.3 | −0.026% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | −0.010% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,310.8 | −0.037% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,316.2 | +0.087% | $953K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0928% | 1h | 4,322.3 | +0.229% | $29K | $23K | 10x |
KuCoin PAXGUSDTM
01 Exchange PAXGUSD
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX