Funding you earn now, next payment 05:00 UTC0.0000%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: Paradex against Pacifica−0.032%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$180.177% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now −0.032%, 7d avg −0.052%
=Together, before fees−0.109%+ Points / potential airdropPacifica: Active · Paradex: Active · farm board−$11 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: Paradex is 0.021% dearer against Pacifica than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,336.4 | 0.0100 | pay 0.0013% / 1h | 30m 27s | $1.0M | $342K | 10x |
| Short | Paradex PAXG-USD-PERP | 4,335 | 0.0100 | get 0.0100% / 8h | 3h 30m | $81K | $3.6M | 50x |
Pacifica PAXG
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.1
- Price spread: −0.032% → −0.052%
- $2.06
- Slippage, 4 orders
- −$5.68
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$15.73
- Costs to cover
- 0.177%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Paradex: live order book, 4 min ago.
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, 3 min ago | 0.12 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex live order book, 4 min ago | 2.24 bp | 4.2 bp −$4 | 93.9 bp −$939 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,335.3 | −0.026% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,333 | −0.079% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0114% | 4h | 4,335.2 | −0.029% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0077% | 1h | 4,334.3 | −0.048% | $262K | $786K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | −0.038% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.6 | +0.005% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.5 | −0.159% | $1K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,338.2 | +0.043% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.8 | +0.146% | $903K | $687K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.251% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0040% | 1h | 4,332.6 | −0.087% | $378K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0042% | 4h | 4,334.2 | −0.051% | $79.9M | $70.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0042% | 4h | 4,337.5 | +0.024% | $16.1M | $1.0M | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,335.5 | −0.021% | $1.3M | $1.4M | 20x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,335 | −0.032% | $81K | $3.6M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | −0.042% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,334.5 | −0.044% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,334.3 | −0.048% | $904K | $27K | 50x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,336.4 | long leg | $1.0M | $342K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,335.2 | −0.028% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.5 | +0.025% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,334.5 | −0.044% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.7 | −0.017% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335 | −0.033% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,335 | −0.032% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,332 | −0.101% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.2 | −0.052% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.5 | +0.072% | $987K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0952% | 1h | 4,345.5 | +0.210% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
Kraken Futures PF_PAXGUSD
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD