Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.030%
Price spread now: SunX against Paradex−0.072%7-day average −0.083% · 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−$71as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 4 days (all we have)−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.072%, 7d avg −0.083%
=Together, before fees−0.132%+ Points / potential airdropParadex: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.083%, 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 | 4,311.6 | 0.0097 | pay 0.0097% / 8h | 21m 35s | $85K | $3.6M | 50x |
| Short | SunX PAXG-USDT | 4,308.5 | 0 | get 0.0000% / 4h | 21m 35s | $2K | $3.2M | 20x |
Paradex PAXG-USD-PERP
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$20.38
- Price spread: −0.072% → −0.083%
- $1.13
- Slippage, 4 orders
- −$60.41
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$91.66
- Costs to cover
- 0.724%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 3 min ago; SunX: live order book, 6 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 | 2.30 bp | 4.3 bp −$4 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 21.53 bp | 25.5 bp −$26 | 55.2 bp −$552 | 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 | −0.0192% | 1h | 4,310.4 | −0.028% | $1.4M | $493K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,313.1 | +0.035% | $42K | $170K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0106% | 4h | 4,310.8 | −0.019% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,312.5 | +0.019% | $1.2M | $1.8M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.040% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,314 | +0.055% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,308.5 | −0.072% | $2K | $3.2M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,316.2 | +0.105% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,315.4 | +0.086% | $902K | $794K | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,311.5 | −0.003% | $376K | $1.5M | 25x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate 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 | 4,318.1 | +0.150% | $16.6M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0019% | 4h | 4,312.7 | +0.024% | $79.4M | $75.7M | 75x | as long as short |
| Aster PAXGUSDT | +0.0026% | 4h | 4,312.7 | +0.025% | $899K | $30K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0028% | 1h | 4,311.2 | −0.010% | $261K | $773K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.827% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0064% | 4h | 4,312.4 | +0.017% | $9.5M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0097% | 8h | 4,311.6 | long leg | $85K | $3.6M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,312.6 | +0.023% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,314.2 | +0.059% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,312.8 | +0.028% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,314.1 | +0.058% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,313.4 | +0.042% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,312.6 | +0.022% | $1.3M | $840K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,309.6 | −0.048% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.6 | −0.001% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | +0.009% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,311 | −0.014% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,316.2 | +0.106% | $953K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0944% | 1h | 4,322.9 | +0.261% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD