Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Hyperliquid+0.036%54s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.036%, 7d avg +0.021%
=Together, before fees+0.077%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PAXG | 4,339.7 | 0.0096 | pay 0.0012% / 1h | 0m 54s | $20.8M | $2.3M | 10x |
| Short | Pacifica PAXG | 4,341.3 | 0.0100 | get 0.0013% / 1h | 0m 54s | $1.0M | $341K | 10x |
Hyperliquid PAXG
Pacifica PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Hyperliquid. 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
- $0.92
- Price spread: +0.036% → +0.021%
- $1.5
- Slippage, 4 orders
- −$3.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$18.24
- Costs to cover
- 0.207%
- Break-even
- 146.4 days
Slippage from Hyperliquid: live order book, 12 min ago; Pacifica: 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 Hyperliquid live order book, 12 min ago | 0.12 bp | 6.4 bp −$6 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.12 bp | 4.6 bp −$5 | doesn't fit | 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 | −0.0224% | 1h | 4,339.9 | +0.005% | $46K | $161K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,338.2 | −0.034% | $1.4M | $368K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0038% | 1h | 4,337 | −0.062% | $262K | $786K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0006% | 4h | 4,339.5 | −0.004% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.032% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.8 | +0.048% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336.3 | −0.078% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,343.4 | +0.084% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341 | +0.029% | $904K | $692K | 75x | as long as short |
| Extended PAXG-USD | +0.0032% | 1h | 4,338.4 | −0.030% | $379K | $1.4M | 25x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0032% | 4h | 4,341.7 | +0.046% | $16.1M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.175% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,339.5 | −0.005% | $80.0M | $70.4M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,340.8 | +0.024% | $1.3M | $1.5M | 20x | as long as short |
| Aster PAXGUSDT | +0.0077% | 4h | 4,339.1 | −0.013% | $905K | $26K | 50x | as long as short |
| Hyperliquid PAXGlong | +0.0096% | 1h | 4,339.7 | long leg | $20.8M | $2.3M | 10x | |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,339.7 | 0.000% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,337.7 | −0.046% | $557 | — | 10x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,341.3 | +0.036% | $1.0M | $341K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,340.2 | +0.011% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,342.2 | +0.057% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,340.1 | +0.009% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,341 | +0.031% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,340.3 | +0.015% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,339.2 | −0.012% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.016% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,339.5 | −0.005% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,342.3 | +0.060% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0864% | 1h | 4,350.1 | +0.240% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
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