Funding you earn now, next payment 10:00 UTC+0.0971%/8h= +106.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.239%
Price spread now: 01 Exchange against Kraken Futures+0.225%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and 01 Exchange is 0.225% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PAXGUSD | 4,320.6 | 0.0085 | pay 0.0011% / 1h | 13m 18s | $1.2M | $2.1M | 20x |
| Short | 01 Exchange PAXGUSD | 4,330.3 | 0.1056 | get 0.0132% / 1h | 13m 18s | $29K | $24K | 10x |
Kraken Futures PF_PAXGUSD
01 Exchange PAXGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $203.97
- Price spread: +0.225% → 0.000%
- $22.52
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $209.49
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 3 min ago; 01 Exchange: 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, 3 min ago | 0.46 bp | 7.2 bp −$7 | 12.5 bp −$125 | 35.1 bp −$3,505 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | −0.0012% | 1h | 4,320.6 | 0.000% | $115K | $15K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321.5 | +0.021% | $15.7M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,316.3 | −0.099% | $2K | $2.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,324 | +0.078% | $7.9M | $179K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,322.8 | +0.051% | $909K | $809K | 75x | as long as short |
| Lighter PAXG | +0.0024% | 1h | 4,318.5 | −0.048% | $1.4M | $502K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.619% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0058% | 4h | 4,317.1 | −0.081% | $1.5M | $1.9M | 10x | as long as short |
| MEXC PAXG_USDT | +0.0084% | 4h | 4,324.8 | +0.097% | $16.6M | $1.3M | 100x | as long as short |
| Bitget PAXGUSDT | +0.0084% | 4h | 4,320 | −0.013% | $9.2M | $16.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
MEXC PAXG_USDT
Bitget PAXGUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSDlong | +0.0085% | 1h | 4,320.6 | long leg | $1.2M | $2.1M | 20x | |
| Binance PAXGUSDT | +0.0087% | 4h | 4,320 | −0.014% | $80.1M | $80.1M | 75x | as long as short |
| Extended PAXG-USD | +0.0088% | 1h | 4,318.6 | −0.045% | $374K | $1.5M | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,318.6 | −0.045% | $80K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,318.9 | −0.038% | $21.2M | $2.5M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,319.9 | −0.015% | $904K | $41K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321 | +0.011% | $1.0M | $314K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,319.5 | −0.024% | $14.9M | $4.6M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321.7 | +0.027% | $28.8M | $5.7M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,320.5 | −0.001% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,320.2 | −0.008% | $1.2M | $866K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,317.5 | −0.071% | $12.2M | $298K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,314.2 | −0.148% | $261K | $800K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,319.6 | −0.022% | $554 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.106% | $1.5M | $81K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.1 | −0.035% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,324.2 | +0.083% | $932K | $1.0M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0312% | 1h | 4,320.5 | −0.003% | $43K | $181K | 20x | as long as short |
| 01 Exchange PAXGUSDshort | +0.1056% | 1h | 4,330.3 | +0.225% | $29K | $24K | 10x |
Binance PAXGUSDT
Extended PAXG-USD
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
Hibachi PAXG/USDT-P