Funding you earn now, next payment 05:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.001%
Price spread now: Extended against Aster−0.022%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$140.142% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.022%, 7d avg −0.055%
=Together, before fees−0.062%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.033% dearer against Aster than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.020% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,334.3 | 0.0094 | pay 0.0047% / 4h | 3h 23m | $904K | $27K | 50x |
| Short | Extended PAXG-USD | 4,333.4 | 0.0040 | get 0.0005% / 1h | 23m 47s | $379K | $1.5M | 25x |
Aster PAXGUSDT
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Aster. 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
- −$11.35
- Price spread: −0.022% → −0.055%
- $3.32
- Slippage, 4 orders
- −$1.22
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.25
- Costs to cover
- 0.142%
- Break-even
- never at this rate
Slippage from Aster: live order book, 29 min ago; Extended: live order book, 5 min ago.
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 Aster live order book, 29 min ago | 0.01 bp | 4.3 bp −$4 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
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 | 4,335.1 | +0.019% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,332.7 | −0.036% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,335.3 | +0.022% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0068% | 1h | 4,334.5 | +0.004% | $262K | $786K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | +0.011% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.6 | +0.053% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.5 | −0.110% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.7 | +0.079% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.4 | +0.186% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.300% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
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 | 4,337.5 | +0.075% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0037% | 4h | 4,334.6 | +0.006% | $79.9M | $70.5M | 75x | as long as short |
| Extended PAXG-USDshort | +0.0040% | 1h | 4,333.4 | −0.022% | $379K | $1.5M | 25x | |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,334.8 | +0.012% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDTlong | +0.0094% | 4h | 4,334.3 | long leg | $904K | $27K | 50x | |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,334.3 | −0.001% | $81K | $3.6M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | +0.007% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,335.5 | +0.028% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,336.2 | +0.044% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,336 | +0.039% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.1 | +0.064% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,336 | +0.040% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335 | +0.017% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,334.8 | +0.012% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334 | −0.006% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,331 | −0.076% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.8 | −0.011% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.111% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0928% | 1h | 4,345.5 | +0.258% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
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
01 Exchange PAXGUSD