PAXG

Alert

Funding spread now, next payment 14:00 UTC−0.0051%/8h

next payment, per $10,000−$0.06paid, last 24h−0.021%paid, last 3 days−0.290%to open and closeno order book

Long on Coinbase International Short on Reya

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PAXG-PERP-INTX	4,339.1	0.0240	pay 0.0030% / 1h	35m 29s	$945K	$1.0M	50x
Short	Reya PAXGRUSDPERP	4,334.4	0.0189	get 0.0024% / 1h	35m 29s	$20K	—	100x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ReyabpOrdersRate

Funding earned: −$10.61
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$26.61
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.108%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International live order book, 4 min ago	1.45 bp	9.8 bp −$10	13.2 bp −$132	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 28 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hibachi PAXG/USDT-P	−0.0024%	1h	$44K	$139K	20x	as long as short
dYdX PAXG-USD	0.0000%	1h	$101K	$19K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	$15.8M	$4.2M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	$2K	$3.9M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	$7.9M	$831K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	$913K	$568K	75x	as long as short
ApeX Omni PAXGUSDT	+0.0006%	1h	$262K	$791K	50x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	$1K	$88K	30x	as long as short
Lighter PAXG	+0.0056%	1h	$1.4M	$695K	25x	as long as short
Hyperliquid PAXG	+0.0071%	1h	$20.2M	$1.6M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex PAXG-USD-PERP	+0.0099%	8h	$80K	$2.6M	50x	as long as short
Aster PAXGUSDT	+0.0100%	4h	$903K	$71K	50x	as long as short
Pacifica PAXG	+0.0100%	1h	$1.0M	$428K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	$79.2M	$62.2M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	$15.0M	$3.1M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	$16.2M	$1.2M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	$26.9M	$4.7M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	$9.1M	$11.6M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	—	$6.7M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	$1.1M	$817K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	$12.4M	$70K	—	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	$556	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	$1.5M	$34K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	$375K	$1.2M	25x	as long as short
Kraken Futures PF_PAXGUSD	+0.0144%	1h	$1.3M	$1.0M	20x	as long as short
Reya PAXGRUSDPERPshort	+0.0189%	1h	$20K	—	100x
Coinbase International PAXG-PERP-INTXlong	+0.0240%	1h	$945K	$1.0M	50x
01 Exchange PAXGUSD	+0.0536%	1h	$15K	$7K	10x	as long as short