Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%
Price spread now: Gate against MEXC+0.013%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now +0.013%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,339.4 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $15.9M | $1.2M | 100x |
| Short | Gate PAXG_USDT | 4,340 | 0 | get 0.0000% / 8h | 3h 32m | $15.8M | $4.3M | 100x |
MEXC PAXG_USDT
Gate PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$21
- Price spread: +0.013% → −0.004%
- $1.76
- Slippage, 4 orders
- −$9.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$48.22
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 2 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 MEXC live order book, 2 min ago | 1.87 bp | 4.4 bp −$4 | 20.7 bp −$207 | 67.4 bp −$6,743 | 137.1 bp −$68.5K |
| Sell Gate live order book, 2 min ago | 0.35 bp | 11.6 bp −$12 | 15.3 bp −$153 | 26.1 bp −$2,609 | 59.8 bp −$29.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0102% | 1h | 4,347.7 | +0.191% | $1K | $92K | 30x | as long as short |
| Hibachi PAXG/USDT-P | −0.0048% | 1h | 4,337.8 | −0.038% | $41K | $156K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,340.1 | +0.015% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDTshort | 0.0000% | 8h | 4,340 | +0.013% | $15.8M | $4.3M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,331.9 | −0.172% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,341.3 | +0.043% | $7.9M | $837K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,343.3 | +0.090% | $907K | $665K | 75x | as long as short |
| Lighter PAXG | +0.0064% | 1h | 4,336.4 | −0.070% | $1.4M | $519K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0080% | 4h | 4,337.5 | −0.043% | $1.5M | $2.1M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,337.1 | −0.054% | $80K | $3.7M | 50x | as long as short |
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,336.8 | −0.060% | $20.3M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,337.9 | −0.035% | $905K | $76K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,338.8 | −0.015% | $1.0M | $352K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,337.3 | −0.049% | $79.9M | $69.1M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.6 | −0.041% | $14.8M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0100% | 4h | 4,339.4 | long leg | $15.9M | $1.2M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.6 | +0.003% | $26.7M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.8 | −0.038% | $9.3M | $14.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,338 | −0.034% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,338.7 | −0.017% | $1.4M | $1.2M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,337.9 | −0.035% | $12.4M | $114K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,335.7 | −0.086% | $262K | $792K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,337.6 | −0.042% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,335 | −0.102% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,336.7 | −0.062% | $377K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337.3 | −0.048% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0212% | 1h | 4,338.7 | −0.017% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,342.7 | +0.076% | $998K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1520% | 1h | 4,355.1 | +0.361% | $29K | $22K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD