Funding you earn now, next payment 08:00 UTC+0.0855%/8h= +93.6% APRpaid last 24h +0.234%
Price spread now: 01 Exchange against Paradex+0.264%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and 01 Exchange is 0.264% dearer against Paradex than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,312.3 | 0.0097 | pay 0.0097% / 8h | 21m 59s | $85K | $3.6M | 50x |
| Short | 01 Exchange PAXGUSD | 4,323.7 | 0.0952 | get 0.0119% / 1h | 21m 59s | $29K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $179.51
- Price spread: +0.264% → 0.000%
- $26.37
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $194.87
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Paradex: live order book, 2 min ago; 01 Exchange: 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, 2 min ago | 2.30 bp | 4.3 bp −$4 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0192% | 1h | 4,309.5 | −0.065% | $1.4M | $493K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,313.1 | +0.019% | $42K | $170K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0106% | 4h | 4,310.8 | −0.036% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,312.5 | +0.003% | $1.2M | $1.8M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.024% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,313.5 | +0.027% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,308.5 | −0.088% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,316.2 | +0.089% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,315.4 | +0.070% | $902K | $794K | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,311.3 | −0.025% | $376K | $1.5M | 25x | as long as short |
Show 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 | +0.132% | $16.6M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0017% | 4h | 4,312.4 | +0.003% | $79.4M | $75.7M | 75x | as long as short |
| Aster PAXGUSDT | +0.0025% | 4h | 4,312.6 | +0.005% | $899K | $30K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0028% | 1h | 4,311.2 | −0.026% | $261K | $773K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.811% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0064% | 4h | 4,312.1 | −0.006% | $9.5M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0097% | 8h | 4,312.3 | long leg | $85K | $3.6M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,312.5 | +0.004% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,313.8 | +0.034% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,312.8 | +0.012% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,313.3 | +0.023% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,313.2 | +0.020% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,312.6 | +0.005% | $1.3M | $840K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,309.6 | −0.064% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.6 | −0.017% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | −0.008% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,311 | −0.030% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,316.2 | +0.089% | $953K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0952% | 1h | 4,323.7 | +0.264% | $29K | $23K | 10x |
Paradex PAXG-USD-PERP
01 Exchange PAXGUSD
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USD
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
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX