Funding you earn now, next payment 06:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Pacifica−0.014%7-day average +0.056% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now −0.014%, 7d avg +0.056%
=Together, before fees−0.082%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.070% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,326.5 | 0.0100 | pay 0.0013% / 1h | 2m 40s | $1.0M | $336K | 10x |
| Short | MEXC PAXG_USDT | 4,325.9 | 0.0014 | get 0.0007% / 4h | 2h 02m | $16.4M | $1.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$18.06
- Price spread: −0.014% → +0.056%
- −$7.02
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$37.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; MEXC: live order book, 1 min ago. 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 Pacifica live order book, 1 min ago | 0.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.66 bp | 6.2 bp −$6 | 24.1 bp −$241 | 50.3 bp −$5,034 | 133.1 bp −$66.6K |
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 | −0.0136% | 1h | 4,322.6 | −0.091% | $1.4M | $392K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0112% | 1h | 4,326.4 | −0.001% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,324.2 | −0.054% | $1.2M | $1.9M | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0058% | 4h | 4,330.7 | +0.098% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0007% | 1h | 4,327.7 | +0.027% | $262K | $783K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,325.2 | −0.029% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,326.5 | 0.000% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,320.3 | −0.144% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,327.1 | +0.014% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,329.7 | +0.073% | $902K | $745K | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0012% | 4h | 4,324.1 | −0.055% | $79.7M | $74.3M | 75x | as long as short |
| MEXC PAXG_USDTshort | +0.0014% | 4h | 4,325.9 | −0.014% | $16.4M | $1.1M | 100x | |
| Extended PAXG-USD | +0.0016% | 1h | 4,322.7 | −0.088% | $376K | $1.4M | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.481% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0037% | 4h | 4,326.5 | +0.001% | $903K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,324.5 | −0.045% | $81K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,324.6 | −0.044% | $555 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,324.3 | −0.051% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,326.5 | long leg | $1.0M | $336K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,325 | −0.035% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,326 | −0.011% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,323.5 | −0.069% | $9.3M | $16.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,325.9 | −0.014% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,323.7 | −0.066% | $1.3M | $811K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,330 | +0.081% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,321 | −0.127% | $1.5M | $46K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,323.7 | −0.064% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,333.5 | +0.161% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0856% | 1h | 4,335.1 | +0.199% | $29K | $24K | 10x | as long as short |
Pacifica PAXG
MEXC PAXG_USDT
Lighter PAXG
Kraken Futures PF_PAXGUSD
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Binance PAXGUSDT
Extended PAXG-USD
Injective PAXG/USDC PERP
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD