Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h 0.000%
Price spread now: Aster against Paradex+0.009%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.009%, 7d avg +0.031%
=Together, before fees+0.008%+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.022% cheaper against Paradex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,321.4 | 0.0098 | pay 0.0098% / 8h | 41m 31s | $85K | $3.4M | 50x |
| Short | Aster PAXGUSDT | 4,321.8 | 0.0021 | get 0.0010% / 4h | 41m 31s | $902K | $29K | 50x |
Paradex PAXG-USD-PERP
Aster PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Paradex. 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
- −$16.31
- Price spread: +0.009% → +0.031%
- −$2.19
- Slippage, 4 orders
- −$4.99
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$35.49
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 3 min ago; Aster: live order book, 61 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 Paradex live order book, 3 min ago | 2.29 bp | 4.3 bp −$4 | 95.2 bp −$952 | doesn't fit | doesn't fit |
| Sell Aster live order book, 61 min ago | 0.12 bp | 4.2 bp −$4 | 6.8 bp −$68 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0176% | 1h | 4,320.4 | −0.022% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0102% | 4h | 4,319.3 | −0.050% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0088% | 1h | 4,320.9 | −0.012% | $41K | $168K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,322.1 | +0.015% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.4 | +0.001% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,324.2 | +0.065% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.5 | −0.067% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,325.5 | +0.096% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,324.3 | +0.068% | $903K | $783K | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,320.9 | −0.012% | $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
SunX 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 | +0.0008% | 4h | 4,326.8 | +0.125% | $16.7M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0010% | 4h | 4,322.3 | +0.021% | $79.8M | $74.1M | 75x | as long as short |
| Aster PAXGUSDTshort | +0.0021% | 4h | 4,321.8 | +0.009% | $902K | $29K | 50x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.599% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0062% | 1h | 4,317.7 | −0.086% | $261K | $775K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0080% | 4h | 4,322.2 | +0.019% | $9.4M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0098% | 8h | 4,321.4 | long leg | $85K | $3.4M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,321.4 | 0.000% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,322.6 | +0.027% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,324.2 | +0.064% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,322.9 | +0.034% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,324.1 | +0.063% | $28.7M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,322.7 | +0.029% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,322.4 | +0.023% | $1.3M | $818K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,320 | −0.033% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,319 | −0.056% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,320.9 | −0.011% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,322.2 | +0.018% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0888% | 1h | 4,333.1 | +0.270% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
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