Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against KuCoin−0.032%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.032%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,305 | 0.0100 | pay 0.0050% / 4h | 5m 16s | $28.5M | $5.3M | 30x |
| Short | Bitget PAXGUSDT | 4,303.7 | 0.0040 | get 0.0020% / 4h | 5m 16s | $9.4M | $16.0M | 50x |
KuCoin PAXGUSDTM
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: −0.032% → −0.044%
- $1.26
- Slippage, 4 orders
- −$7.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$42.76
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago | 0.08 bp | 9.2 bp −$9 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 7.2 bp −$7 | 9.6 bp −$96 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0200% | 1h | 4,301.7 | −0.077% | $1.4M | $556K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,303.9 | −0.027% | $42K | $171K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0122% | 4h | 4,304.5 | −0.012% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,303.3 | −0.040% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,306 | +0.022% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,305.5 | +0.011% | $15.5M | $3.9M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,299.8 | −0.121% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,308.2 | +0.074% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,309.2 | +0.096% | $904K | $803K | 75x | as long as short |
| Binance PAXGUSDT | +0.0023% | 4h | 4,303.4 | −0.037% | $80.0M | $77.5M | 75x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Binance PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0024% | 1h | 4,302.4 | −0.060% | $376K | $1.5M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0024% | 4h | 4,309.4 | +0.102% | $16.6M | $1.1M | 100x | as long as short |
| ApeX Omni PAXGUSDT | +0.0027% | 1h | 4,304 | −0.024% | $261K | $773K | 50x | as long as short |
| Aster PAXGUSDT | +0.0030% | 4h | 4,305.9 | +0.019% | $898K | $29K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.982% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0040% | 4h | 4,303.7 | −0.032% | $9.4M | $16.0M | 50x | |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,302.7 | −0.054% | $85K | $4.0M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,303.5 | −0.036% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,305.2 | +0.003% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,304.2 | −0.020% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,305 | long leg | $28.5M | $5.3M | 30x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,304.9 | −0.004% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,304.1 | −0.021% | $1.3M | $836K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,303.7 | −0.032% | $12.2M | $219K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,304.3 | −0.017% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,304 | −0.024% | $1.5M | $63K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,303.5 | −0.035% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,308 | +0.070% | $946K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0912% | 1h | 4,314.8 | +0.227% | $29K | $23K | 10x | as long as short |
Extended PAXG-USD
MEXC PAXG_USDT
ApeX Omni PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD