PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against MEXC−0.122%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

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—needs both histories

Funding pays, the price is against you. Orderly is 0.122% cheaper against MEXC than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PAXG_USDT	4,325.8	0.0014	pay 0.0007% / 4h	2h 12m	$16.4M	$1.1M	100x
Short	Orderly PERP_PAXG_USDC_mythos	4,320.5	0.0100	get 0.0050% / 4h	2h 12m	$554	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee OrderlybpOrdersPrice spread, now −0.122%Rate

Funding earned: $18.06
Price spread: −0.122% → 0.000%: −$12.21
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$4.15
Costs to cover: 0.100%
Break-even: 8.6 days

Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago	1.94 bp	4.7 bp −$5	21.5 bp −$215	71.5 bp −$7,151	147.6 bp −$73.8K
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	−0.0144%	1h	4,322.1	−0.085%	$42K	$165K	20x	as long as short
Lighter PAXG	−0.0136%	1h	4,322	−0.088%	$1.4M	$391K	25x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,320.9	−0.112%	$1.2M	$1.9M	20x	as long as short
GRVT PAXG_USDT_Perp	−0.0060%	4h	4,320.5	−0.122%	$1.5M	$2.0M	10x	as long as short
ApeX Omni PAXGUSDT	−0.0005%	1h	4,319.3	−0.149%	$261K	$784K	50x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,324.2	−0.037%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,325.5	−0.006%	$15.6M	$3.7M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,316.9	−0.204%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,324.6	−0.027%	$7.9M	$835K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,325.7	−0.003%	$901K	$739K	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0014%	4h	4,325.3	−0.011%	$79.7M	$74.2M	75x	as long as short
MEXC PAXG_USDTlong	+0.0014%	4h	4,325.8	long leg	$16.4M	$1.1M	100x
Extended PAXG-USD	+0.0016%	1h	4,323.4	−0.056%	$376K	$1.4M	25x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.497%	$1K	$151K	30x	as long as short
Aster PAXGUSDT	+0.0042%	4h	4,325	−0.017%	$902K	$27K	50x	as long as short
Hyperliquid PAXG	+0.0094%	1h	4,324.3	−0.034%	$20.8M	$2.4M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0097%	8h	4,324.3	−0.035%	$81K	$3.3M	50x	as long as short
Orderly PERP_PAXG_USDC_mythosshort	+0.0100%	4h	4,320.5	−0.122%	$554	—	10x
Pacifica PAXG	+0.0100%	1h	4,325.3	−0.010%	$1.0M	$348K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,325.8	0.000%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,326.3	+0.011%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,325.8	−0.001%	$9.3M	$16.1M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,324.6	−0.027%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,322.7	−0.072%	$1.3M	$809K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,322.5	−0.075%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,318	−0.180%	$1.5M	$45K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,325.2	−0.013%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,323.8	−0.046%	$976K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0840%	1h	4,335.5	+0.225%	$29K	$24K	10x	as long as short