Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.039%
Price spread now: Hibachi against Paradex+0.030%7-day average +0.021% · 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−$40as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 4 days (all we have)+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.030%, 7d avg +0.021%
=Together, before fees+0.042%+ Points / potential airdropParadex: Active · Hibachi: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,353 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $80K | $3.7M | 50x |
| Short | Hibachi PAXG/USDT-P | 4,354.3 | 0.0160 | get 0.0020% / 1h | 25m 27s | $42K | $150K | 20x |
Paradex PAXG-USD-PERP
Hibachi PAXG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi 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
- $12.6
- Price spread: +0.030% → +0.021%
- $0.86
- Slippage, 4 orders
- −$27.7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$27.23
- Costs to cover
- 0.407%
- Break-even
- 22.1 days
Slippage from Paradex: live order book, 4 min ago; Hibachi: live order book, 48 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, 4 min ago | 2.24 bp | 4.2 bp −$4 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 48 min ago | 0.14 bp | 17.6 bp −$18 | 52.7 bp −$527 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,355.2 | +0.051% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,355.4 | +0.055% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,348.8 | −0.096% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,357.2 | +0.097% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,362.1 | +0.210% | $907K | $652K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.131% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0082% | 4h | 4,353.9 | +0.021% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,352.4 | −0.014% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0100% | 8h | 4,353 | long leg | $80K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,354.1 | +0.026% | $20.8M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,355.5 | +0.058% | $909K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,355 | +0.046% | $1.0M | $366K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,353.1 | +0.003% | $80.3M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,354.4 | +0.033% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,354.9 | +0.045% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,355.9 | +0.067% | $28.4M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,353.6 | +0.014% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,354.1 | +0.025% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,354.7 | +0.039% | $1.4M | $843K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,353.8 | +0.019% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,352.5 | −0.011% | $263K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,354 | +0.023% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,351 | −0.046% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,352 | −0.022% | $382K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-Pshort | +0.0160% | 1h | 4,354.3 | +0.030% | $42K | $150K | 20x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,353.8 | +0.019% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,354.3 | +0.031% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,359.9 | +0.159% | $974K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1008% | 1h | 4,364.2 | +0.258% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD