Funding you earn now, next payment 09:00 UTC+0.0732%/8h= +80.2% APRpaid last 24h +0.235%
Price spread now: 01 Exchange against KuCoin+0.240%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 +$22 a day on $10k at the current rate, and 01 Exchange is 0.240% dearer against KuCoin than usual: you sell high and buy low: +$24 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 | KuCoin PAXGUSDTM | 4,305.2 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $28.7M | $5.4M | 30x |
| Short | 01 Exchange PAXGUSD | 4,315.5 | 0.0832 | get 0.0104% / 1h | 35m 09s | $29K | $23K | 10x |
KuCoin PAXGUSDTM
01 Exchange PAXGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $153.72
- Price spread: +0.240% → 0.000%
- $23.99
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $158.71
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 0.01 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | 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 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 | −0.0192% | 1h | 4,301.8 | −0.078% | $1.4M | $615K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,304.5 | −0.016% | $42K | $172K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0166% | 4h | 4,304.3 | −0.019% | $1.5M | $1.9M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,304.4 | −0.019% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | −0.0006% | 1h | 4,302.8 | −0.055% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,305.1 | −0.002% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,301 | −0.097% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,307.5 | +0.055% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,308.9 | +0.087% | $904K | $818K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,310.3 | +0.119% | $16.8M | $1.2M | 100x | 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
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0013% | 4h | 4,303.6 | −0.036% | $80.1M | $79.9M | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,302.7 | −0.058% | $374K | $1.5M | 25x | as long as short |
| Aster PAXGUSDT | +0.0027% | 4h | 4,303.7 | −0.034% | $899K | $33K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0028% | 4h | 4,302.7 | −0.057% | $9.4M | $15.6M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.979% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0075% | 1h | 4,303 | −0.051% | $261K | $772K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,302.6 | −0.060% | $81K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,302.7 | −0.057% | $21.0M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,304.3 | −0.019% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,304 | −0.027% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,305.2 | long leg | $28.7M | $5.4M | 30x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,304.2 | −0.022% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,304.2 | −0.022% | $1.2M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,302.4 | −0.063% | $12.2M | $230K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,303.1 | −0.048% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,304 | −0.027% | $1.5M | $67K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,302.8 | −0.056% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309 | +0.089% | $934K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0832% | 1h | 4,315.5 | +0.240% | $29K | $23K | 10x |
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Bitget PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
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