Funding you earn now, next payment 05:00 UTC−0.0801%/8h= −87.7% APRpaid last 24h −0.231%
Price spread now: Aster against 01 Exchange−0.269%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.269% cheaper against 01 Exchange than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PAXGUSD | 4,348.4 | 0.0888 | pay 0.0111% / 1h | 12m 38s | $29K | $24K | 10x |
| Short | Aster PAXGUSDT | 4,336.7 | 0.0087 | get 0.0044% / 4h | 3h 12m | $905K | $27K | 50x |
01 Exchange PAXGUSD
Aster PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against 01 Exchange. 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
- −$168.11
- Price spread: −0.269% → 0.000%
- −$26.86
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$209.98
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 40 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 40 min ago | 0.01 bp | 4.5 bp −$5 | 8.1 bp −$81 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,336.7 | −0.269% | $41K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,335.8 | −0.290% | $1.4M | $368K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0028% | 1h | 4,335.3 | −0.301% | $262K | $785K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0010% | 4h | 4,337.2 | −0.258% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.232% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339.6 | −0.202% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,333.1 | −0.353% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,341.2 | −0.166% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,340.2 | −0.189% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.025% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0036% | 4h | 4,339.2 | −0.213% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0037% | 4h | 4,337 | −0.263% | $79.9M | $70.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,335.7 | −0.293% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,338 | −0.240% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDTshort | +0.0087% | 4h | 4,336.7 | −0.269% | $905K | $27K | 50x | |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,337.5 | −0.251% | $81K | $3.5M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,335.1 | −0.306% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,336.9 | −0.264% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,339.2 | −0.212% | $1.0M | $340K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.9 | −0.242% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.9 | −0.195% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.6 | −0.249% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337.7 | −0.246% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,338.1 | −0.237% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336.5 | −0.274% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,335 | −0.308% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337 | −0.262% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | −0.214% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDlong | +0.0888% | 1h | 4,348.4 | long leg | $29K | $24K | 10x |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX