Funding you earn now, next payment 06:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.057%
Price spread now: Reya against SunX+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$6 a day on $10k at the current rate, and Reya is 0.027% dearer against SunX than usual: you sell high and buy low: +$3 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 | 4,318.2 | 0 | get 0.0000% / 4h | 2h 14m | $2K | $3.5M | 20x |
| Short | Reya PAXGRUSDPERP | 4,319.4 | 0.0189 | get 0.0024% / 1h | 14m 08s | $20K | — | 100x |
SunX PAXG-USDT
Reya PAXGRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $39.79
- Price spread: +0.027% → 0.000%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $28.48
- Costs to cover
- 0.140%
- Break-even
- 2.0 days
Slippage unknown: SunX: live order book, 4 min ago; Reya: 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, 4 min ago | 21.54 bp | 38.3 bp −$38 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0152% | 1h | 4,324 | +0.134% | $42K | $167K | 20x | as long as short |
| Lighter PAXG | −0.0136% | 1h | 4,319.4 | +0.027% | $1.4M | $390K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,321.6 | +0.078% | $1.2M | $1.9M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0048% | 4h | 4,320.9 | +0.062% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0017% | 1h | 4,322.6 | +0.102% | $261K | $784K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,319.9 | +0.039% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,322.9 | +0.109% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDTlong | 0.0000% | 4h | 4,318.2 | long leg | $2K | $3.5M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,325.8 | +0.175% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,325.3 | +0.164% | $902K | $739K | 75x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0016% | 1h | 4,320.3 | +0.048% | $377K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0018% | 4h | 4,323 | +0.110% | $16.4M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0019% | 4h | 4,320.8 | +0.060% | $79.6M | $74.4M | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.674% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0046% | 4h | 4,322.1 | +0.090% | $902K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0091% | 1h | 4,321.1 | +0.067% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,319.8 | +0.037% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,320.5 | +0.053% | $554 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.7 | +0.081% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,321.9 | +0.085% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,323.2 | +0.116% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,320.7 | +0.058% | $9.3M | $16.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,322.4 | +0.096% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,321.5 | +0.075% | $1.3M | $809K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,322.5 | +0.100% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,321 | +0.065% | $1.5M | $45K | 50x | as long as short |
| Reya PAXGRUSDPERPshort | +0.0189% | 1h | 4,319.4 | +0.027% | $20K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,325.8 | +0.176% | $977K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0832% | 1h | 4,330.2 | +0.278% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD