Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against Pacifica−0.070%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.070%, 7d avg −0.023%
=Together, before fees+0.056%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.047% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,360 | 0.0100 | pay 0.0013% / 1h | 49m 54s | $1.0M | $368K | 10x |
| Short | Lighter PAXG | 4,356.9 | 0.0096 | get 0.0012% / 1h | 49m 54s | $1.4M | $277K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$0.84
- Price spread: −0.070% → −0.023%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.55
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 4 min ago; Lighter: live order book, 11 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 Pacifica live order book, 4 min ago | 0.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 0.78 bp | 0.9 bp −$1 | 5.3 bp −$53 | 21.6 bp −$2,163 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.1 | −0.043% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,359.7 | −0.007% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,354.5 | −0.126% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,361.1 | +0.025% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,360.7 | +0.017% | $907K | $628K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.291% | $1K | $151K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0080% | 1h | 4,355.6 | −0.101% | $42K | $160K | 20x | as long as short |
| Lighter PAXGshort | +0.0096% | 1h | 4,356.9 | −0.070% | $1.4M | $277K | 25x | |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,358.3 | −0.039% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,357.5 | −0.057% | $20.7M | $2.1M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,358.8 | −0.028% | $909K | $29K | 50x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,360 | long leg | $1.0M | $368K | 10x | |
| Binance PAXGUSDT | +0.0100% | 4h | 4,357.2 | −0.064% | $80.4M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,358.9 | −0.026% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.7 | −0.053% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,360.2 | +0.005% | $28.5M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,357.9 | −0.049% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,358.7 | −0.030% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,358.6 | −0.033% | $1.4M | $828K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.7 | −0.030% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,357.5 | −0.056% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,353.1 | −0.159% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,357.6 | −0.055% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,355 | −0.115% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,356.2 | −0.087% | $379K | $1.4M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,358.2 | −0.041% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,359 | −0.022% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,360.5 | +0.012% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1024% | 1h | 4,369.6 | +0.220% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD