Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h −0.041%
Price spread now: dYdX against Paradex−0.054%7-day average +0.027% · 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−$203as in the Price arb table
costs, in and out, $10k−$1941.945% of the position
Funding, last 3 days (all we have)−0.134%−$13 on $10k
+Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.054%, 7d avg +0.027%
=Together, before fees−0.053%+ Points / potential airdropParadex: Active · farm board−$5 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 dYdX is 0.081% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,349.5 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $80K | $3.7M | 50x |
| Short | dYdX PAXG-USD | 4,347.2 | 0 | get 0.0000% / 1h | 23m 09s | $101K | $18K | 5x |
Paradex PAXG-USD-PERP
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$20.99
- Price spread: −0.054% → +0.027%
- −$8.06
- Slippage, 4 orders
- −$180.49
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$223.54
- Costs to cover
- 1.945%
- Break-even
- never at this rate
Slippage from Paradex: live order book, just now; dYdX: live order book, 10 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, just now | 2.29 bp | 4.3 bp −$4 | 92.3 bp −$923 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 10 min ago | 42.74 bp | 138.2 bp −$138 | 140.0 bp −$1,400 | 141.4 bp −$14.1K | 349.4 bp −$174.7K |
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 | −0.0040% | 1h | 4,349.8 | +0.007% | $41K | $154K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0009% | 1h | 4,351.2 | +0.038% | $1.4M | $1.3M | 20x | as long as short |
| dYdX PAXG-USDshort | 0.0000% | 1h | 4,347.2 | −0.054% | $101K | $18K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,351.7 | +0.051% | $15.8M | $4.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,345.1 | −0.102% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,354.2 | +0.108% | $7.9M | $833K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,351.6 | +0.049% | $910K | $664K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,340 | −0.218% | $1K | $103K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0056% | 4h | 4,349.3 | −0.005% | $1.5M | $2.1M | 10x | as long as short |
| Lighter PAXG | +0.0072% | 1h | 4,348.1 | −0.032% | $1.4M | $522K | 25x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERPlong | +0.0100% | 8h | 4,349.5 | long leg | $80K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,349 | −0.011% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,349.8 | +0.007% | $906K | $72K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,350.6 | +0.025% | $1.0M | $363K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,349.1 | −0.010% | $80.1M | $68.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,349.6 | +0.002% | $14.9M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,350.5 | +0.023% | $15.9M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,351.3 | +0.041% | $26.9M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,348.4 | −0.024% | $9.2M | $13.6M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,349.9 | +0.010% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,350.5 | +0.022% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.7 | −0.018% | $12.5M | $88K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,348.7 | −0.019% | $263K | $790K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,349 | −0.011% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,345 | −0.103% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,349.1 | −0.008% | $376K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,349.5 | 0.000% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0328% | 1h | 4,353.8 | +0.098% | $1.0M | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1168% | 1h | 4,367.3 | +0.409% | $29K | $22K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD