PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.023%

Price spread now: Reya against Kraken Futures−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PAXGUSD	4,340.4	0.0065	pay 0.0008% / 1h	3m 19s	$1.3M	$1.5M	20x
Short	Reya PAXGRUSDPERP	4,339.1	0.0189	get 0.0024% / 1h	3m 19s	$21K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ReyabpOrdersPrice spread, now −0.030%Rate

Funding earned: $26.1
Price spread: −0.030% → 0.000%: −$3.01
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $7.09
Costs to cover: 0.160%
Break-even: 5.1 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.

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 Kraken Futures live order book, 5 min ago	0.58 bp	6.5 bp −$7	10.2 bp −$102	38.6 bp −$3,858	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 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	4,339.4	−0.023%	$46K	$161K	20x	as long as short
Lighter PAXG	−0.0144%	1h	4,336.8	−0.083%	$1.4M	$368K	25x	as long as short
ApeX Omni PAXGUSDT	−0.0030%	1h	4,336.2	−0.096%	$262K	$785K	50x	as long as short
GRVT PAXG_USDT_Perp	−0.0006%	4h	4,339.5	−0.019%	$1.5M	$1.9M	10x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,338.3	−0.047%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,341.3	+0.021%	$15.6M	$3.4M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,335.7	−0.107%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,343.2	+0.066%	$7.9M	$843K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,342.1	+0.040%	$904K	$693K	75x	as long as short
Extended PAXG-USD	+0.0032%	1h	4,337.8	−0.058%	$379K	$1.4M	25x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PAXG_USDT	+0.0032%	4h	4,340.4	+0.001%	$16.1M	$1.0M	100x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.160%	$1K	$151K	30x	as long as short
Binance PAXGUSDT	+0.0034%	4h	4,339	−0.031%	$80.0M	$70.5M	75x	as long as short
Kraken Futures PF_PAXGUSDlong	+0.0065%	1h	4,340.4	long leg	$1.3M	$1.5M	20x
Aster PAXGUSDT	+0.0078%	4h	4,338.7	−0.038%	$905K	$26K	50x	as long as short
Hyperliquid PAXG	+0.0096%	1h	4,339.3	−0.025%	$20.8M	$2.3M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0099%	8h	4,338.5	−0.044%	$81K	$3.4M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,337.5	−0.066%	$557	—	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,340.3	−0.001%	$1.0M	$341K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,339.8	−0.013%	$14.9M	$3.8M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,341.1	+0.016%	$28.6M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,339.7	−0.016%	$9.7M	$15.2M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,339.2	−0.026%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,340.4	+0.002%	$1.3M	$799K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,338.7	−0.039%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,339	−0.032%	$1.5M	$38K	50x	as long as short
Reya PAXGRUSDPERPshort	+0.0189%	1h	4,339.1	−0.030%	$21K	—	100x
Coinbase International PAXG-PERP-INTX	+0.0296%	1h	4,342.3	+0.045%	$955K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0872%	1h	4,350.1	+0.224%	$29K	$24K	10x	as long as short