Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h 0.000%
Price spread now: Paradex against Aster0.000%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.169% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now 0.000%, 7d avg −0.031%
=Together, before fees−0.022%+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.030% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,330.1 | 0.0046 | pay 0.0023% / 4h | 2h 05m | $903K | $27K | 50x |
| Short | Paradex PAXG-USD-PERP | 4,330.1 | 0.0097 | get 0.0097% / 8h | 2h 05m | $81K | $3.2M | 50x |
Aster PAXGUSDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $10.78
- Price spread: 0.000% → −0.031%
- $3.05
- Slippage, 4 orders
- −$4.87
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$3.04
- Costs to cover
- 0.169%
- Break-even
- 9.0 days
Slippage from Aster: live order book, 42 min ago; Paradex: live order book, 3 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, 42 min ago | 0.05 bp | 4.3 bp −$4 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 3 min ago | 2.24 bp | 4.2 bp −$4 | 109.0 bp −$1,090 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0128% | 1h | 4,328 | −0.049% | $1.4M | $391K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0112% | 1h | 4,330.2 | +0.002% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,330.6 | +0.010% | $1.2M | $1.9M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0060% | 4h | 4,327.9 | −0.051% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0010% | 1h | 4,327.5 | −0.062% | $262K | $784K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,328.9 | −0.028% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,331.7 | +0.036% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,326.7 | −0.080% | $1K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,333.5 | +0.079% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,333.2 | +0.072% | $903K | $743K | 75x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX 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 | 4,327.3 | −0.064% | $376K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0016% | 4h | 4,330.5 | +0.008% | $16.4M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0018% | 4h | 4,328.6 | −0.036% | $79.8M | $74.2M | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.397% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDTlong | +0.0046% | 4h | 4,330.1 | long leg | $903K | $27K | 50x | |
| Paradex PAXG-USD-PERPshort | +0.0097% | 8h | 4,330.1 | 0.000% | $81K | $3.2M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,330.4 | +0.006% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,330 | −0.003% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,332.1 | +0.045% | $1.0M | $336K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,330.6 | +0.010% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,332.2 | +0.047% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,327.7 | −0.057% | $9.3M | $16.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,330.2 | +0.003% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,328.9 | −0.027% | $1.3M | $810K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,325.9 | −0.098% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,327 | −0.072% | $1.5M | $45K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,329.5 | −0.014% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,333.5 | +0.077% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0856% | 1h | 4,341.6 | +0.265% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Injective PAXG/USDC 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