Funding you earn now, next payment 07:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.238%
Price spread now: 01 Exchange against Bitget+0.250%47s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$21 a day on $10k at the current rate, and 01 Exchange is 0.250% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,315.5 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $9.4M | $16.5M | 50x |
| Short | 01 Exchange PAXGUSD | 4,326.3 | 0.0800 | get 0.0100% / 1h | 46m 56s | $29K | $23K | 10x |
Bitget PAXGUSDT
01 Exchange PAXGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Bitget. 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
- $147
- Price spread: +0.250% → 0.000%
- $24.98
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $152.98
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 2 min ago; 01 Exchange: 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 Bitget live order book, 2 min ago | 0.01 bp | 7.1 bp −$7 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0184% | 1h | 4,313.5 | −0.047% | $1.4M | $465K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,316.4 | +0.021% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0096% | 4h | 4,316 | +0.012% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,315.5 | −0.001% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0029% | 1h | 4,317.1 | +0.035% | $261K | $771K | 50x | as long as short |
| Binance PAXGUSDT | −0.0002% | 4h | 4,315 | −0.012% | $79.5M | $74.8M | 75x | as long as short |
| MEXC PAXG_USDT | −0.0002% | 4h | 4,322.6 | +0.165% | $16.5M | $1.0M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | +0.055% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,314 | −0.036% | $378K | $1.1M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.3 | +0.041% | $15.6M | $3.8M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
Binance PAXGUSDT
MEXC PAXG_USDT
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,311.6 | −0.092% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,320 | +0.104% | $7.9M | $851K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.6 | +0.119% | $904K | $767K | 75x | as long as short |
| Aster PAXGUSDT | +0.0018% | 4h | 4,318 | +0.057% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.736% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,315.1 | −0.010% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.9 | +0.009% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,315.1 | −0.010% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,317.3 | +0.041% | $1.0M | $317K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,316 | +0.011% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,317.5 | +0.046% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTlong | +0.0100% | 4h | 4,315.5 | long leg | $9.4M | $16.5M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,316.5 | +0.023% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,315.6 | +0.001% | $1.3M | $813K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,315.3 | −0.004% | $12.2M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | +0.011% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,314.8 | −0.017% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,319.3 | +0.088% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0800% | 1h | 4,326.3 | +0.250% | $29K | $23K | 10x |
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX