Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.029%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.029%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.061% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,341.5 | 0.0032 | pay 0.0016% / 4h | 3h 04m | $16.1M | $1.0M | 100x |
| Short | KuCoin PAXGUSDTM | 4,342.8 | 0.0100 | get 0.0050% / 4h | 3h 04m | $28.6M | $5.3M | 30x |
MEXC PAXG_USDT
KuCoin PAXGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.029% → −0.032%
- $6.13
- Slippage, 4 orders
- −$9.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$4.97
- Costs to cover
- 0.254%
- Break-even
- 9.4 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago | 1.14 bp | 3.8 bp −$4 | 20.6 bp −$206 | 62.4 bp −$6,239 | 149.4 bp −$74.7K |
| Sell KuCoin live order book, 10 min ago | 0.39 bp | 8.0 bp −$8 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0224% | 1h | 4,339.8 | −0.039% | $46K | $161K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,338.5 | −0.070% | $1.4M | $368K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0030% | 1h | 4,336.2 | −0.123% | $262K | $785K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0008% | 4h | 4,338.3 | −0.075% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.074% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,342 | +0.011% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336.3 | −0.120% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,343.7 | +0.050% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.1 | +0.013% | $904K | $693K | 75x | as long as short |
| Extended PAXG-USD | +0.0032% | 1h | 4,338.5 | −0.069% | $379K | $1.4M | 25x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDTlong | +0.0032% | 4h | 4,341.5 | long leg | $16.1M | $1.0M | 100x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.133% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,339.9 | −0.039% | $80.0M | $70.4M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,340.9 | −0.015% | $1.3M | $1.5M | 20x | as long as short |
| Aster PAXGUSDT | +0.0079% | 4h | 4,339.4 | −0.048% | $905K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0097% | 1h | 4,339.8 | −0.040% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,340.1 | −0.032% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,338.1 | −0.079% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,341.6 | +0.002% | $1.0M | $341K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,340.4 | −0.026% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTMshort | +0.0100% | 4h | 4,342.8 | +0.029% | $28.6M | $5.3M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,340.5 | −0.024% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,340.3 | −0.028% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.7 | −0.042% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,338.7 | −0.065% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.058% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,339.6 | −0.044% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,342.3 | +0.018% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0872% | 1h | 4,350.5 | +0.207% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD