Funding you earn now, next payment 04:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.027%
Price spread now: Reya against Paradex−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 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 | 4,344.3 | 0.0100 | pay 0.0100% / 8h | 4h 18m | $81K | $3.7M | 50x |
| Short | Reya PAXGRUSDPERP | 4,344.1 | 0.0189 | get 0.0024% / 1h | 18m 59s | $21K | — | 100x |
Paradex PAXG-USD-PERP
Reya PAXGRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $18.79
- Price spread: −0.005% → 0.000%
- −$0.47
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $8.32
- Costs to cover
- 0.100%
- Break-even
- 3.9 days
Slippage unknown: Paradex: live order book, 5 min ago; Reya: no order-book sample. 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 Paradex live order book, 5 min ago | 2.23 bp | 4.2 bp −$4 | 96.6 bp −$966 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0136% | 1h | 4,343.4 | −0.020% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,345.5 | +0.027% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,346.7 | +0.055% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.087% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.6 | +0.077% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,348 | +0.085% | $907K | $679K | 75x | as long as short |
| Lighter PAXG | +0.0016% | 1h | 4,343.3 | −0.023% | $1.4M | $357K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.069% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0084% | 4h | 4,343.8 | −0.012% | $1.5M | $1.9M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,344.1 | −0.005% | $557 | — | 10x | as long as short |
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Orderly PERP_PAXG_USDC_mythosShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERPlong | +0.0100% | 8h | 4,344.3 | long leg | $81K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,345 | +0.015% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,345.5 | +0.028% | $907K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,346.3 | +0.046% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,344.2 | −0.002% | $80.2M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,345.3 | +0.023% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,345.5 | +0.027% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,347.4 | +0.071% | $28.7M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.8 | +0.012% | $9.7M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,345.1 | +0.019% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,345 | +0.015% | $1.3M | $804K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,343 | −0.029% | $12.5M | $97K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,342.2 | −0.048% | $263K | $787K | 50x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,341 | −0.076% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,343 | −0.031% | $379K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERPshort | +0.0189% | 1h | 4,344.1 | −0.005% | $21K | — | 100x | |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,345.2 | +0.020% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,348.9 | +0.106% | $968K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0848% | 1h | 4,355.3 | +0.253% | $29K | $23K | 10x | as long as short |
Hyperliquid PAXG
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
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD