Funding you earn now, next payment 08:00 UTC+0.0884%/8h= +96.8% APRpaid last 24h +0.234%
Price spread now: 01 Exchange against MEXC+0.144%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 +$27 a day on $10k at the current rate, and 01 Exchange is 0.144% dearer against MEXC than usual: you sell high and buy low: +$14 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 | MEXC PAXG_USDT | 4,325.6 | 0.0004 | pay 0.0002% / 4h | 46m 05s | $16.7M | $1.0M | 100x |
| Short | 01 Exchange PAXGUSD | 4,331.8 | 0.0888 | get 0.0111% / 1h | 46m 05s | $29K | $23K | 10x |
MEXC PAXG_USDT
01 Exchange PAXGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $185.64
- Price spread: +0.144% → 0.000%
- $14.36
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $189
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 2.66 bp | 5.3 bp −$5 | 29.6 bp −$296 | 60.1 bp −$6,005 | 116.0 bp −$58.0K |
| 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 | −0.0168% | 1h | 4,318.1 | −0.174% | $1.4M | $480K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,317.3 | −0.192% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0072% | 1h | 4,320.8 | −0.111% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,320.2 | −0.124% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,321.4 | −0.096% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321.9 | −0.085% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,318.1 | −0.172% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,323.8 | −0.040% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,323.8 | −0.041% | $903K | $783K | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0004% | 4h | 4,325.6 | long leg | $16.7M | $1.0M | 100x |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0008% | 4h | 4,319.6 | −0.139% | $79.7M | $74.3M | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,318.8 | −0.156% | $379K | $1.5M | 25x | as long as short |
| Aster PAXGUSDT | +0.0020% | 4h | 4,321.2 | −0.101% | $901K | $27K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0024% | 1h | 4,318.6 | −0.162% | $261K | $775K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.502% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0084% | 4h | 4,319 | −0.153% | $9.4M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,320.2 | −0.126% | $85K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,319.7 | −0.136% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,319.9 | −0.132% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,322.7 | −0.066% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,320.6 | −0.115% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321.7 | −0.089% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,321.5 | −0.095% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,320 | −0.129% | $1.3M | $822K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.2 | −0.217% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,320 | −0.129% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,319.6 | −0.139% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,322.2 | −0.079% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0888% | 1h | 4,331.8 | +0.144% | $29K | $23K | 10x |
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX