Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX+0.087%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.087% dearer against SunX than usual: you sell high and buy low: +$9 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 | SunX PAXG-USDT | 4,357.9 | 0 | get 0.0000% / 4h | 2m 01s | $2K | $3.9M | 20x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,361.7 | 0.0100 | get 0.0050% / 4h | 2m 01s | $560 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SunX. 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
- $21
- Price spread: +0.087% → 0.000%
- $8.74
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $15.74
- Costs to cover
- 0.140%
- Break-even
- 1.8 days
Slippage unknown: SunX: live order book, 6 min ago; Orderly: 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 SunX live order book, 6 min ago | 21.53 bp | 38.3 bp −$38 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0007% | 1h | 4,347.3 | −0.243% | $1K | $151K | 30x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,362.4 | +0.103% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,364.1 | +0.143% | $15.8M | $3.7M | 100x | as long as short |
| SunX PAXG-USDTlong | 0.0000% | 4h | 4,357.9 | long leg | $2K | $3.9M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,365.1 | +0.166% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,365.2 | +0.167% | $910K | $651K | 75x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,360.9 | +0.070% | $1.4M | $272K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,361.4 | +0.081% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,361.7 | +0.087% | $20.5M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,362.9 | +0.116% | $910K | $30K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,362.5 | +0.107% | $1.0M | $363K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,363.7 | +0.133% | $80.1M | $69.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,364.7 | +0.155% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,360.5 | +0.059% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,364 | +0.141% | $28.4M | $5.7M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,364.6 | +0.153% | $9.6M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,362.9 | +0.114% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,362.9 | +0.116% | $1.4M | $972K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,362.5 | +0.105% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,361.4 | +0.081% | $1.5M | $2.1M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,360.9 | +0.070% | $264K | $794K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,361.7 | +0.087% | $560 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,359 | +0.025% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,361.4 | +0.081% | $379K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0152% | 1h | 4,362.4 | +0.104% | $42K | $149K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,362.9 | +0.116% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0285% | 1h | 4,362.8 | +0.114% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,367.6 | +0.223% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0960% | 1h | 4,373 | +0.347% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
Injective PAXG/USDC PERP
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
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
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD