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: MEXC against Orderly+0.122%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on MEXC

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

The price spread pays, funding is against you. MEXC is 0.122% dearer against Orderly than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.7 days.

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

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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 OrderlybpFee MEXCbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$18.06
Price spread: +0.122% → 0.000%: $12.22
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$15.83
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago	1.94 bp	4.6 bp −$5	13.5 bp −$135	52.4 bp −$5,242	131.6 bp −$65.8K

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	+0.037%	$42K	$165K	20x	as long as short
Lighter PAXG	−0.0136%	1h	4,322	+0.034%	$1.4M	$391K	25x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,320.9	+0.010%	$1.2M	$1.9M	20x	as long as short
GRVT PAXG_USDT_Perp	−0.0060%	4h	4,320.5	0.000%	$1.5M	$2.0M	10x	as long as short
ApeX Omni PAXGUSDT	−0.0005%	1h	4,319.3	−0.027%	$261K	$784K	50x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,324.2	+0.085%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,325.5	+0.116%	$15.6M	$3.7M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,316.9	−0.082%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,324.6	+0.096%	$7.9M	$835K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,325.7	+0.119%	$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	+0.111%	$79.7M	$74.2M	75x	as long as short
MEXC PAXG_USDTshort	+0.0014%	4h	4,325.8	+0.122%	$16.4M	$1.1M	100x
Extended PAXG-USD	+0.0016%	1h	4,323.4	+0.066%	$376K	$1.4M	25x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.620%	$1K	$151K	30x	as long as short
Aster PAXGUSDT	+0.0042%	4h	4,325	+0.105%	$902K	$27K	50x	as long as short
Hyperliquid PAXG	+0.0094%	1h	4,324.3	+0.088%	$20.8M	$2.4M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0097%	8h	4,324.3	+0.088%	$81K	$3.3M	50x	as long as short
Orderly PERP_PAXG_USDC_mythoslong	+0.0100%	4h	4,320.5	long leg	$554	—	10x
Pacifica PAXG	+0.0100%	1h	4,325.3	+0.112%	$1.0M	$348K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,325.8	+0.123%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,326.3	+0.133%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,325.8	+0.122%	$9.3M	$16.1M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,324.6	+0.095%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,322.7	+0.050%	$1.3M	$809K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,322.5	+0.047%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,318	−0.058%	$1.5M	$45K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,325.2	+0.109%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,323.8	+0.077%	$976K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0840%	1h	4,335.5	+0.347%	$29K	$24K	10x	as long as short