Funding you earn now, next payment 12:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.003%
Price spread now: Aster against Paradex+0.015%59s7-day average +0.031% · you sell dearer than you buy
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−$170.171% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.015%, 7d avg +0.031%
=Together, before fees+0.006%+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 59 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 | Paradex PAXG-USD-PERP | 4,302.1 | 0.0096 | pay 0.0096% / 8h | 7h 40m | $91K | $4.2M | 50x |
| Short | Aster PAXGUSDT | 4,302.8 | 0.0023 | get 0.0011% / 4h | 3h 40m | $899K | $33K | 50x |
Paradex PAXG-USD-PERP
Aster PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Paradex. 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
- −$15.43
- Price spread: +0.015% → +0.031%
- −$1.63
- Slippage, 4 orders
- −$5.12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$34.18
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 3 min ago; Aster: live order book, 57 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 Paradex live order book, 3 min ago | 2.37 bp | 4.4 bp −$4 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell Aster live order book, 57 min ago | 0.01 bp | 4.2 bp −$4 | 9.0 bp −$90 | 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 | −0.0208% | 1h | 4,301.6 | −0.012% | $1.4M | $611K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0182% | 4h | 4,302.2 | +0.001% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,302.3 | +0.003% | $42K | $172K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,303.9 | +0.040% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,306.2 | +0.095% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,306.2 | +0.094% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,299 | −0.074% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,307.1 | +0.116% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,309.5 | +0.172% | $905K | $817K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,312.4 | +0.239% | $16.7M | $1.2M | 100x | as long as short |
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-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0012% | 4h | 4,303.1 | +0.023% | $80.0M | $79.9M | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,303.1 | +0.021% | $377K | $1.6M | 25x | as long as short |
| Aster PAXGUSDTshort | +0.0023% | 4h | 4,302.8 | +0.015% | $899K | $33K | 50x | |
| Bitget PAXGUSDT | +0.0026% | 4h | 4,303.8 | +0.038% | $9.4M | $15.6M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +1.050% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0096% | 8h | 4,302.1 | long leg | $91K | $4.2M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,303.2 | +0.024% | $21.0M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,305.4 | +0.076% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,303.6 | +0.034% | $14.8M | $4.3M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,305.9 | +0.087% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,304.8 | +0.061% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,304.2 | +0.047% | $1.2M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,302.7 | +0.014% | $12.2M | $230K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,305.4 | +0.076% | $261K | $771K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,302.7 | +0.013% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,304 | +0.043% | $1.5M | $67K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,302.3 | +0.003% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309 | +0.160% | $934K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0816% | 1h | 4,313.8 | +0.271% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Bitget PAXGUSDT
Injective PAXG/USDC PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD