Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h 0.000%
Price spread now: BingX against Paradex+0.023%48s7-day average +0.047% · 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—prices read too far apart to compare
costs, in and out, $10k−$2132.128% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now +0.023%, 7d avg +0.047%
=Together, before fees+0.065%+ Points / potential airdropParadex: Active · 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: BingX is 0.024% cheaper against Paradex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,307.2 | 0.0095 | pay 0.0095% / 8h | 7h 52m | $85K | $4.1M | 50x |
| Short | BingX PAXG-USDT | 4,308.2 | 0.0092 | get 0.0046% / 4h | 3h 52m | — | $6.8M | — |
Paradex PAXG-USD-PERP
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$0.64
- Price spread: +0.023% → +0.047%
- −$2.39
- Slippage, 4 orders
- −$198.77
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$215.8
- Costs to cover
- 2.128%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 1 min ago; BingX: live order book, 15 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, 1 min ago | 62.80 bp | 64.8 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 0.07 bp | 5.1 bp −$5 | 6.8 bp −$68 | 12.4 bp −$1,242 | 34.6 bp −$17.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT PAXG_USDT_Perp | −0.0260% | 4h | 4,305.8 | −0.032% | $1.5M | $1.9M | 10x | as long as short |
| Lighter PAXG | −0.0256% | 1h | 4,304.5 | −0.062% | $1.4M | $607K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,303.8 | −0.078% | $41K | $171K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,307.8 | +0.014% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,306 | −0.028% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,308.8 | +0.038% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,302.2 | −0.115% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,310.7 | +0.081% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,310.4 | +0.076% | $903K | $804K | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,305.3 | −0.043% | $377K | $1.6M | 25x | as long as short |
GRVT PAXG_USDT_Perp
Lighter PAXG
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 | +0.0016% | 4h | 4,313.2 | +0.139% | $16.6M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0018% | 4h | 4,306.5 | −0.015% | $80.2M | $79.5M | 75x | as long as short |
| Aster PAXGUSDT | +0.0021% | 4h | 4,306.4 | −0.018% | $898K | $32K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0030% | 4h | 4,306.3 | −0.020% | $9.4M | $16.0M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.932% | $1K | $151K | 30x | as long as short |
| BingX PAXG-USDTshort | +0.0092% | 4h | 4,308.2 | +0.023% | — | $6.8M | — | |
| Paradex PAXG-USD-PERPlong | +0.0095% | 8h | 4,307.2 | long leg | $85K | $4.1M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,306.8 | −0.009% | $21.0M | $2.5M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,307.9 | +0.017% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,307 | −0.005% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,308.3 | +0.026% | $28.5M | $5.4M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,306.8 | −0.008% | $1.2M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,302.4 | −0.110% | $12.2M | $230K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,302.3 | −0.112% | $261K | $769K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,306 | −0.027% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,305 | −0.050% | $1.5M | $66K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,306.1 | −0.026% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309.1 | +0.045% | $937K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0824% | 1h | 4,317.6 | +0.242% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Bitget PAXGUSDT
Injective PAXG/USDC PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD