Funding you earn now, next payment 05:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.003%
Price spread now: Orderly against Lighter−0.011%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PAXG | 4,338.2 | −0.0144 | get 0.0018% / 1h | 1m 32s | $1.4M | $368K | 25x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,337.7 | 0.0100 | get 0.0050% / 4h | 3h 01m | $557 | — | 10x |
Lighter PAXG
Orderly PERP_PAXG_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Lighter. 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
- $51.24
- Price spread: −0.011% → 0.000%
- −$1.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $44.13
- Costs to cover
- 0.060%
- Break-even
- 1.0 days
Slippage unknown: Lighter: live order book, 5 min ago; Orderly: 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 Lighter live order book, 5 min ago | 0.92 bp | 1.1 bp −$1 | 3.2 bp −$32 | 17.0 bp −$1,705 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0224% | 1h | 4,339.4 | +0.027% | $46K | $161K | 20x | as long as short |
| Lighter PAXGlong | −0.0144% | 1h | 4,338.2 | long leg | $1.4M | $368K | 25x | |
| ApeX Omni PAXGUSDT | −0.0038% | 1h | 4,337 | −0.027% | $262K | $786K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0006% | 4h | 4,339.5 | +0.031% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | +0.003% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.7 | +0.081% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336 | −0.050% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,343.2 | +0.116% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341.1 | +0.067% | $904K | $693K | 75x | as long as short |
| Extended PAXG-USD | +0.0032% | 1h | 4,338.2 | +0.001% | $379K | $1.4M | 25x | as long as short |
Hibachi PAXG/USDT-P
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0032% | 4h | 4,341.4 | +0.074% | $16.1M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.210% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,339.5 | +0.030% | $80.0M | $70.4M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,340.2 | +0.046% | $1.3M | $1.5M | 20x | as long as short |
| Aster PAXGUSDT | +0.0077% | 4h | 4,338.9 | +0.017% | $905K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0095% | 1h | 4,339.6 | +0.033% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,339.7 | +0.035% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,337.7 | −0.011% | $557 | — | 10x | |
| Pacifica PAXG | +0.0100% | 1h | 4,341.3 | +0.071% | $1.0M | $341K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,340.1 | +0.044% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342.2 | +0.092% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,340.1 | +0.044% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,340.1 | +0.043% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.9 | +0.039% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,338.7 | +0.012% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | +0.019% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,339.2 | +0.023% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,342.3 | +0.095% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0864% | 1h | 4,350.1 | +0.275% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD