Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h 0.000%
Price spread now: Paradex against MEXC−0.068%46s7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.176% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.068%, 7d avg −0.133%
=Together, before fees+0.009%+ Points / potential airdropParadex: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.065% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.133%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,337.5 | 0.0060 | pay 0.0030% / 4h | 3h 41m | $16.1M | $1.0M | 100x |
| Short | Paradex PAXG-USD-PERP | 4,334.5 | 0.0100 | get 0.0100% / 8h | 3h 41m | $81K | $3.7M | 50x |
MEXC PAXG_USDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $8.35
- Price spread: −0.068% → −0.133%
- $6.5
- Slippage, 4 orders
- −$9.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$2.77
- Costs to cover
- 0.176%
- Break-even
- 9.3 days
Slippage from MEXC: live order book, 2 min ago; Paradex: 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 | 1.04 bp | 3.8 bp −$4 | 20.7 bp −$207 | 62.5 bp −$6,248 | 138.5 bp −$69.2K |
| Sell Paradex live order book, 2 min ago | 2.24 bp | 4.2 bp −$4 | 95.4 bp −$954 | 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 | −0.0168% | 1h | 4,332.9 | −0.105% | $1.4M | $362K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,336.6 | −0.020% | $42K | $154K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0134% | 4h | 4,336.7 | −0.018% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0091% | 1h | 4,333.8 | −0.084% | $262K | $788K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | −0.062% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,336.8 | −0.015% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.2 | −0.191% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.9 | +0.009% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,339.9 | +0.057% | $903K | $687K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.227% | $1K | $151K | 30x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0058% | 4h | 4,333.8 | −0.085% | $80.0M | $71.2M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0060% | 4h | 4,337.5 | long leg | $16.1M | $1.0M | 100x | |
| Extended PAXG-USD | +0.0064% | 1h | 4,332.7 | −0.109% | $378K | $1.4M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,334.9 | −0.058% | $1.3M | $1.4M | 20x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,334.5 | −0.068% | $81K | $3.7M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | −0.066% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,334.4 | −0.071% | $20.7M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,334.3 | −0.073% | $904K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,336.8 | −0.015% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,335 | −0.057% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.4 | −0.001% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,334.4 | −0.071% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.5 | −0.046% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,335 | −0.058% | $1.3M | $800K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336 | −0.034% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,333 | −0.103% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.2 | −0.076% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,338.9 | +0.034% | $987K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1008% | 1h | 4,345.7 | +0.190% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD