PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.030%

Price spread now: MEXC against SunX+0.125%7-day average +0.228% · you sell dearer than you buy

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

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.125%, 7d avg +0.228%

Together, before fees+0.212%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.104% cheaper against SunX than usual: you would sell low and buy high (spread +0.125% now, against its 7-day average of +0.228%). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.152% in total) that is about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PAXG-USDT	4,336	0	get 0.0000% / 4h	3h 01m	$2K	$3.5M	20x
Short	MEXC PAXG_USDT	4,341.4	0.0032	get 0.0016% / 4h	3h 01m	$16.1M	$1.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now +0.125%Rate

Funding earned: $6.72
Price spread: +0.125% → +0.228%: −$10.36
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$15.64
Costs to cover: 0.120%
Break-even: 23.3 days

Slippage unknown: SunX: live order book, 6 min ago; MEXC: live order book, 2 min ago. 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 SunX live order book, 6 min ago	500.01 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.90 bp	4.3 bp −$4	13.0 bp −$130	35.2 bp −$3,522	118.9 bp −$59.5K

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	−0.0224%	1h	4,339.4	+0.078%	$46K	$161K	20x	as long as short
Lighter PAXG	−0.0144%	1h	4,338.2	+0.051%	$1.4M	$368K	25x	as long as short
ApeX Omni PAXGUSDT	−0.0030%	1h	4,336.2	+0.005%	$262K	$785K	50x	as long as short
GRVT PAXG_USDT_Perp	−0.0006%	4h	4,339.5	+0.082%	$1.5M	$1.9M	10x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,338.3	+0.054%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,341.7	+0.132%	$15.6M	$3.4M	100x	as long as short
SunX PAXG-USDTlong	0.0000%	4h	4,336	long leg	$2K	$3.5M	20x
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,343.2	+0.166%	$7.9M	$843K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,341.1	+0.117%	$904K	$693K	75x	as long as short
Extended PAXG-USD	+0.0032%	1h	4,338	+0.046%	$379K	$1.4M	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_USDTshort	+0.0032%	4h	4,341.4	+0.125%	$16.1M	$1.0M	100x
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.261%	$1K	$151K	30x	as long as short
Binance PAXGUSDT	+0.0034%	4h	4,339.5	+0.080%	$80.0M	$70.4M	75x	as long as short
Kraken Futures PF_PAXGUSD	+0.0065%	1h	4,340.2	+0.097%	$1.3M	$1.5M	20x	as long as short
Aster PAXGUSDT	+0.0077%	4h	4,338.9	+0.067%	$905K	$26K	50x	as long as short
Hyperliquid PAXG	+0.0095%	1h	4,339.6	+0.083%	$20.8M	$2.3M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0099%	8h	4,339.7	+0.085%	$81K	$3.4M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,337.7	+0.039%	$557	—	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,341.3	+0.122%	$1.0M	$341K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,340.1	+0.094%	$14.9M	$3.8M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,342.2	+0.143%	$28.6M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,339.7	+0.085%	$9.7M	$15.2M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,340.1	+0.095%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,339.9	+0.089%	$1.3M	$799K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,338.7	+0.062%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,339	+0.069%	$1.5M	$38K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,339.2	+0.074%	$21K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0296%	1h	4,342.3	+0.146%	$955K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0864%	1h	4,350.1	+0.325%	$29K	$24K	10x	as long as short