Funding you earn now, next payment 10:00 UTC−0.1072%/8h= −117.4% APRpaid last 24h −0.273%
Price spread now: SunX against 01 Exchange−0.307%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and SunX is 0.307% cheaper against 01 Exchange than usual: you would sell low and buy high (−$31 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 | 4,325.8 | 0.1072 | pay 0.0134% / 1h | 20m 39s | $29K | $24K | 10x |
| Short | SunX PAXG-USDT | 4,312.5 | 0 | get 0.0000% / 4h | 2h 20m | $2K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$225.12
- Price spread: −0.307% → 0.000%
- −$30.7
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$270.82
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago | 56.57 bp | 60.6 bp −$61 | 90.3 bp −$903 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0013% | 1h | 4,313.5 | −0.285% | $115K | $15K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.1 | −0.201% | $15.6M | $4.0M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,312.5 | −0.307% | $2K | $2.9M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,319.2 | −0.153% | $7.9M | $211K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,318.3 | −0.173% | $909K | $807K | 75x | as long as short |
| Lighter PAXG | +0.0032% | 1h | 4,313.8 | −0.277% | $1.4M | $501K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.497% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0064% | 4h | 4,314 | −0.273% | $1.5M | $1.9M | 10x | as long as short |
| Extended PAXG-USD | +0.0072% | 1h | 4,314.2 | −0.268% | $374K | $1.5M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0074% | 4h | 4,320.2 | −0.129% | $16.6M | $1.3M | 100x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PAXGUSDT | +0.0074% | 4h | 4,315.7 | −0.233% | $9.2M | $16.6M | 50x | as long as short |
| Binance PAXGUSDT | +0.0077% | 4h | 4,315.1 | −0.248% | $80.0M | $80.5M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0085% | 1h | 4,316.1 | −0.224% | $1.2M | $2.1M | 20x | as long as short |
| Aster PAXGUSDT | +0.0094% | 4h | 4,315.6 | −0.236% | $903K | $41K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,314.3 | −0.266% | $80K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,314.9 | −0.252% | $21.2M | $2.5M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,316.1 | −0.224% | $1.0M | $322K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,315.2 | −0.245% | $14.9M | $4.7M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,318.1 | −0.179% | $28.8M | $5.7M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,315.6 | −0.236% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,315.3 | −0.242% | $1.2M | $866K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,314.3 | −0.267% | $12.2M | $298K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,314.2 | −0.267% | $261K | $801K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.6 | −0.236% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,315 | −0.250% | $1.5M | $81K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,314.4 | −0.264% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,324.2 | −0.038% | $932K | $1.0M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0304% | 1h | 4,315.3 | −0.244% | $43K | $181K | 20x | as long as short |
| 01 Exchange PAXGUSDlong | +0.1072% | 1h | 4,325.8 | long leg | $29K | $24K | 10x |
01 Exchange PAXGUSD
SunX PAXG-USDT
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Extended PAXG-USD
MEXC PAXG_USDT
Bitget PAXGUSDT
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX