Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against MEXC−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.025% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it 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 | MEXC PAXG_USDT | 4,355 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $16.2M | $1.2M | 100x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,353.9 | 0.0100 | get 0.0050% / 4h | 3h 25m | $559 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.025% → 0.000%
- −$2.46
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$12.46
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Orderly: 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 MEXC live order book, 3 min ago | 0.01 bp | 2.3 bp −$2 | 19.9 bp −$199 | 64.7 bp −$6,468 | 150.9 bp −$75.4K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,355.2 | +0.005% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,355.6 | +0.014% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,349.1 | −0.134% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,357.1 | +0.049% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,361.4 | +0.148% | $907K | $651K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.176% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0082% | 4h | 4,353.9 | −0.024% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,352.4 | −0.059% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,353 | −0.045% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,353.9 | −0.025% | $20.8M | $2.1M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,355.2 | +0.006% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,355 | 0.000% | $1.0M | $366K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,353.4 | −0.036% | $80.3M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,354.7 | −0.006% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0100% | 4h | 4,355 | long leg | $16.2M | $1.2M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,355.9 | +0.021% | $28.4M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,353.9 | −0.025% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,354 | −0.022% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,354.1 | −0.020% | $1.4M | $843K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,353.8 | −0.026% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,352.5 | −0.057% | $263K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | +0.0100% | 4h | 4,353.9 | −0.025% | $559 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,351 | −0.091% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,352.4 | −0.058% | $382K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0160% | 1h | 4,354.3 | −0.016% | $42K | $150K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,353.8 | −0.027% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,354.1 | −0.021% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,359.9 | +0.113% | $974K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1008% | 1h | 4,364.2 | +0.212% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
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
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD