Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.001%
Price spread now: BingX against Extended+0.031%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.031%, 7d avg +0.074%
=Together, before fees+0.055%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.043% cheaper against Extended than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.074%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.052% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PAXG-USD | 4,342.2 | 0.0040 | pay 0.0005% / 1h | 49m 20s | $379K | $1.4M | 25x |
| Short | BingX PAXG-USDT | 4,343.5 | 0.0100 | get 0.0050% / 4h | 2h 49m | — | $6.8M | — |
Extended PAXG-USD
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- $12.6
- Price spread: +0.031% → +0.074%
- −$4.31
- Slippage, 4 orders
- −$0.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$7.59
- Costs to cover
- 0.159%
- Break-even
- 11.2 days
Slippage from Extended: live order book, 4 min ago; BingX: live order book, 8 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 Extended live order book, 4 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.07 bp | 5.1 bp −$5 | 5.9 bp −$59 | 10.4 bp −$1,040 | 32.6 bp −$16.3K |
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 | −0.0192% | 1h | 4,344.1 | +0.045% | $45K | $160K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,343.5 | +0.032% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0064% | 1h | 4,342.1 | −0.001% | $1.4M | $365K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | −0.007% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.2 | +0.070% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.040% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.2 | +0.117% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.9 | +0.063% | $905K | $691K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0002% | 1h | 4,342.9 | +0.018% | $263K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0018% | 4h | 4,343.8 | +0.037% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
dYdX PAXG-USD
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 | +0.118% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0038% | 4h | 4,344.5 | +0.054% | $16.2M | $1.0M | 100x | as long as short |
| Extended PAXG-USDlong | +0.0040% | 1h | 4,342.2 | long leg | $379K | $1.4M | 25x | |
| Binance PAXGUSDT | +0.0040% | 4h | 4,343.4 | +0.028% | $80.2M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0076% | 4h | 4,343.4 | +0.029% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0093% | 1h | 4,343.4 | +0.028% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,343.8 | +0.038% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | +0.017% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.8 | +0.060% | $1.0M | $353K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,343.5 | +0.032% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346.4 | +0.098% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343.3 | +0.026% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,343.5 | +0.031% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344 | +0.041% | $1.3M | $793K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.8 | +0.014% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.073% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,342.8 | +0.014% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.124% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.2 | +0.277% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD