PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.052%

Price spread now: Injective against Reya+0.634%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 0.634% dearer against Reya than usual: you sell high and buy low (spread +0.634% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PAXGRUSDPERP	4,319.9	0.0189	pay 0.0024% / 1h	12m 52s	$20K	—	100x
Short	Injective PAXG/USDC PERP	4,347.3	0.0033	get 0.0004% / 1h	12m 52s	$1K	$151K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee InjectivebpOrdersPrice spread, now +0.634%Rate

Funding earned: −$32.79
Price spread: +0.634% → 0.000%: $63.43
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $24.62
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Injective: 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 Reya no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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	−0.0144%	1h	4,322.1	+0.051%	$42K	$165K	20x	as long as short
Lighter PAXG	−0.0136%	1h	4,319.1	−0.018%	$1.4M	$391K	25x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,320.9	+0.024%	$1.2M	$1.9M	20x	as long as short
GRVT PAXG_USDT_Perp	−0.0060%	4h	4,320.5	+0.014%	$1.5M	$2.0M	10x	as long as short
ApeX Omni PAXGUSDT	−0.0005%	1h	4,319.3	−0.013%	$261K	$784K	50x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,319.9	0.000%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,324.2	+0.100%	$15.6M	$3.7M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,316.9	−0.069%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,324.6	+0.109%	$7.9M	$835K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,325.7	+0.133%	$901K	$739K	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0015%	4h	4,323.5	+0.083%	$79.7M	$74.3M	75x	as long as short
Extended PAXG-USD	+0.0016%	1h	4,321.9	+0.046%	$377K	$1.4M	25x	as long as short
MEXC PAXG_USDT	+0.0018%	4h	4,325.2	+0.124%	$16.4M	$1.1M	100x	as long as short
Injective PAXG/USDC PERPshort	+0.0033%	1h	4,347.3	+0.634%	$1K	$151K	30x
Aster PAXGUSDT	+0.0043%	4h	4,322.7	+0.064%	$902K	$27K	50x	as long as short
Hyperliquid PAXG	+0.0093%	1h	4,321.7	+0.042%	$20.7M	$2.4M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0097%	8h	4,320.6	+0.015%	$81K	$3.3M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,320.5	+0.014%	$554	—	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,322.3	+0.056%	$1.0M	$348K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,324.1	+0.097%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,324.1	+0.096%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,323.8	+0.090%	$9.3M	$16.0M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,323.6	+0.086%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,322.7	+0.064%	$1.3M	$809K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,322.5	+0.061%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,318	−0.044%	$1.5M	$45K	50x	as long as short
Reya PAXGRUSDPERPlong	+0.0189%	1h	4,319.9	long leg	$20K	—	100x
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,323.8	+0.090%	$976K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0840%	1h	4,331.2	+0.262%	$29K	$24K	10x	as long as short