Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against Pacifica−0.066%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.066%, 7d avg −0.081%
=Together, before fees−0.056%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,337 | 0.0100 | pay 0.0013% / 1h | 23m 35s | $1.0M | $343K | 10x |
| Short | Extended PAXG-USD | 4,334.2 | 0.0040 | get 0.0005% / 1h | 23m 35s | $379K | $1.5M | 25x |
Pacifica PAXG
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Pacifica. 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
- −$12.6
- Price spread: −0.066% → −0.081%
- $1.52
- Slippage, 4 orders
- −$1.58
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.66
- Costs to cover
- 0.146%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, just now; Extended: live order book, 5 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 Pacifica live order book, just now | 0.12 bp | 4.6 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | −0.0168% | 1h | 4,335.1 | −0.043% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0160% | 1h | 4,333.8 | −0.074% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,335.3 | −0.040% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0068% | 1h | 4,334.5 | −0.059% | $262K | $786K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | −0.051% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,337.1 | +0.002% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,329.5 | −0.172% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,337.7 | +0.017% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342.4 | +0.124% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.237% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0036% | 4h | 4,337.6 | +0.013% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0036% | 4h | 4,335.4 | −0.037% | $79.9M | $70.5M | 75x | as long as short |
| Extended PAXG-USDshort | +0.0040% | 1h | 4,334.2 | −0.066% | $379K | $1.5M | 25x | |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,334.8 | −0.050% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0093% | 4h | 4,334.7 | −0.053% | $904K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,335.4 | −0.038% | $81K | $3.6M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,334.6 | −0.055% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,335.5 | −0.035% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,337 | long leg | $1.0M | $343K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,336.3 | −0.016% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,337.7 | +0.015% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,336.3 | −0.017% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.8 | −0.028% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,334.8 | −0.050% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334 | −0.068% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,331 | −0.138% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,333.8 | −0.073% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.048% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0920% | 1h | 4,346.1 | +0.210% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid 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