Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%
Price spread now: Extended against Bybit−0.029%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now −0.029%, 7d avg −0.070%
=Together, before fees−0.114%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.041% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PAXGUSDT | 4,333.8 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $14.9M | $4.7M | 75x |
| Short | Extended PAXG-USD | 4,332.5 | 0.0104 | get 0.0013% / 1h | 48m 23s | $374K | $1.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: −0.029% → −0.070%
- $4.1
- Slippage, 4 orders
- −$3.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$14.44
- Costs to cover
- 0.194%
- Break-even
- 127.4 days
Slippage from Bybit: live order book, 3 min ago; Extended: 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 Bybit live order book, 3 min ago | 0.12 bp | 6.9 bp −$7 | 11.2 bp −$112 | 27.5 bp −$2,749 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
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 | −0.0836% | 1h | 4,332.7 | −0.025% | $117K | $16K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,335.6 | +0.042% | $15.7M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.4 | −0.102% | $2K | $2.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.7 | +0.089% | $7.9M | $180K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,338.8 | +0.116% | $913K | $824K | 75x | as long as short |
| Lighter PAXG | +0.0032% | 1h | 4,331.3 | −0.058% | $1.4M | $499K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.312% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,331.3 | −0.058% | $80K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,333.4 | −0.009% | $21.3M | $2.5M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,334.7 | +0.022% | $907K | $41K | 50x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,333.9 | +0.003% | $1.0M | $306K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,334.1 | +0.006% | $80.3M | $81.7M | 75x | as long as short |
| Bybit PAXGUSDTlong | +0.0100% | 4h | 4,333.8 | long leg | $14.9M | $4.7M | 75x | |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,336.7 | +0.068% | $16.6M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,336 | +0.050% | $28.9M | $5.9M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,333.9 | +0.002% | $9.2M | $16.8M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,334.4 | +0.013% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,333.2 | −0.014% | $1.2M | $872K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,333.6 | −0.004% | $12.2M | $279K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,333.3 | −0.011% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,333.6 | −0.004% | $262K | $798K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,333.1 | −0.016% | $556 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,329 | −0.111% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,332.5 | −0.029% | $374K | $1.5M | 25x | |
| Kraken Futures PF_PAXGUSD | +0.0187% | 1h | 4,334.8 | +0.023% | $1.2M | $2.1M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.6 | −0.004% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0264% | 1h | 4,337.6 | +0.087% | $928K | $1.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0320% | 1h | 4,334.6 | +0.019% | $43K | $181K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.0960% | 1h | 4,343.4 | +0.222% | $29K | $23K | 10x | as long as short |
Bybit PAXGUSDT
Extended PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD