Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.037%
Price spread now: dYdX against Orderly+0.005%7-day average — · you sell dearer than you buy
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—needs 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: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PAXG_USDC_mythos | 4,310.1 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $553 | — | 10x |
| Short | dYdX PAXG-USD | 4,310.3 | 0 | get 0.0000% / 1h | 47m 12s | $101K | $12K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Orderly. 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
- −$21
- Price spread: +0.005% → 0.000%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.49
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 52 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell dYdX live order book, 52 min ago | 89.55 bp | 94.6 bp −$95 | 140.9 bp −$1,409 | 236.9 bp −$23.7K | 698.1 bp −$349.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0208% | 1h | 4,308.1 | −0.047% | $1.4M | $608K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,309.9 | −0.004% | $42K | $172K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,311 | +0.022% | $1.2M | $1.7M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0074% | 4h | 4,310.7 | +0.014% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,310.3 | +0.005% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,312 | +0.044% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,305.8 | −0.101% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,313.9 | +0.088% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,313.5 | +0.079% | $904K | $809K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0020% | 4h | 4,316.6 | +0.151% | $16.6M | $1.2M | 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 | +0.0021% | 4h | 4,310.1 | 0.000% | $80.2M | $79.7M | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,308.9 | −0.028% | $377K | $1.6M | 25x | as long as short |
| Aster PAXGUSDT | +0.0030% | 4h | 4,310.4 | +0.006% | $900K | $32K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0032% | 4h | 4,309.9 | −0.005% | $9.4M | $16.0M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.863% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,309.3 | −0.018% | $85K | $4.1M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,310.6 | +0.011% | $21.0M | $2.5M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,310.7 | +0.015% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,310.7 | +0.014% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,311.5 | +0.031% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,310.8 | +0.017% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,309.3 | −0.018% | $1.2M | $857K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,310.3 | +0.006% | $12.2M | $230K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,309.5 | −0.015% | $261K | $771K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythoslong | +0.0100% | 4h | 4,310.1 | long leg | $553 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,309 | −0.026% | $1.5M | $66K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,309.8 | −0.008% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309.1 | −0.023% | $937K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0816% | 1h | 4,320.1 | +0.232% | $29K | $23K | 10x | as long as short |
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Bitget PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD