Funding you earn now, next payment 06:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.038%
Price spread now: Paradex against dYdX+0.057%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 4 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.057%, 7d avg −0.025%
=Together, before fees+0.058%+ Points / potential airdropParadex: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.082% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,341.9 | 0 | get 0.0000% / 1h | 44m 53s | $101K | $12K | 5x |
| Short | Paradex PAXG-USD-PERP | 4,344.3 | 0.0099 | get 0.0099% / 8h | 2h 44m | $81K | $3.4M | 50x |
dYdX PAXG-USD
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against dYdX. 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
- $20.84
- Price spread: +0.057% → −0.025%
- $8.18
- Slippage, 4 orders
- −$25.22
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$10.19
- Costs to cover
- 0.392%
- Break-even
- 10.4 days
Slippage from dYdX: live order book, 4 min ago; Paradex: live order book, 4 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 dYdX live order book, 4 min ago | 10.36 bp | 15.4 bp −$15 | 33.0 bp −$330 | 161.6 bp −$16.2K | 984.5 bp −$492.3K |
| Sell Paradex live order book, 4 min ago | 2.24 bp | 4.2 bp −$4 | 107.4 bp −$1,074 | 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 | −0.0184% | 1h | 4,344.2 | +0.054% | $46K | $162K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,345.1 | +0.075% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0064% | 1h | 4,342.8 | +0.021% | $1.4M | $365K | 25x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,341.9 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,346.3 | +0.102% | $15.7M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.6 | −0.029% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,348.1 | +0.144% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,346.7 | +0.111% | $906K | $691K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0003% | 1h | 4,343.4 | +0.035% | $263K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0026% | 4h | 4,344 | +0.050% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.125% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,343 | +0.027% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0040% | 4h | 4,345 | +0.073% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0042% | 4h | 4,344.1 | +0.051% | $80.3M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0077% | 4h | 4,344 | +0.049% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0090% | 1h | 4,344.1 | +0.052% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0099% | 8h | 4,344.3 | +0.057% | $81K | $3.4M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,343.2 | +0.031% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345.1 | +0.076% | $1.0M | $353K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.9 | +0.071% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,347.2 | +0.123% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344 | +0.048% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,344.5 | +0.061% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344.7 | +0.066% | $1.3M | $795K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,343.5 | +0.038% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,340 | −0.043% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.9 | +0.047% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.131% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.7 | +0.296% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Orderly PERP_PAXG_USDC_mythos
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