Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.028%
Price spread now: SunX against Orderly−0.040%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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.040% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PAXG_USDC_mythos | 4,321.8 | 0.0100 | pay 0.0050% / 4h | 40m 06s | $555 | — | 10x |
| Short | SunX PAXG-USDT | 4,320.1 | 0 | get 0.0000% / 4h | 40m 06s | $2K | $3.2M | 20x |
Orderly PERP_PAXG_USDC_mythos
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.040% → 0.000%
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$39.02
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 21.54 bp | 25.5 bp −$26 | 55.2 bp −$552 | doesn't fit | doesn't fit |
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 | −0.0176% | 1h | 4,321.1 | −0.016% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0102% | 4h | 4,319.3 | −0.059% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0088% | 1h | 4,321.5 | −0.008% | $41K | $168K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,323.7 | +0.044% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.4 | −0.008% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,325.1 | +0.076% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,320.1 | −0.040% | $2K | $3.2M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,327 | +0.120% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.6 | +0.089% | $903K | $783K | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,321.9 | +0.001% | $376K | $1.6M | 25x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate 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 | +0.0010% | 4h | 4,328.2 | +0.148% | $16.7M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0011% | 4h | 4,323 | +0.028% | $79.8M | $74.1M | 75x | as long as short |
| Aster PAXGUSDT | +0.0021% | 4h | 4,322.5 | +0.016% | $902K | $29K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.590% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0062% | 1h | 4,317.7 | −0.095% | $261K | $775K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0080% | 4h | 4,322.9 | +0.025% | $9.4M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,322.1 | +0.008% | $85K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythoslong | +0.0100% | 4h | 4,321.8 | long leg | $555 | — | 10x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,323.5 | +0.039% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,324.7 | +0.067% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,323.6 | +0.042% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,324.9 | +0.072% | $28.7M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,323.5 | +0.040% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,323.6 | +0.041% | $1.3M | $818K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,322.2 | +0.009% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,323 | +0.028% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,322.6 | +0.018% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,322.2 | +0.009% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0888% | 1h | 4,333.8 | +0.278% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD