PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.065%

Price spread now: dYdX against Reya+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on dYdX

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. dYdX is 0.034% dearer against Reya than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PAXGRUSDPERP	4,320	0.0189	pay 0.0024% / 1h	34m 23s	$20K	—	100x
Short	dYdX PAXG-USD	4,321.4	0	get 0.0000% / 1h	34m 23s	$101K	$12K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee dYdXbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$39.79
Price spread: +0.034% → 0.000%: $3.36
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$52.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; dYdX: live order book, 4 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 Reya no order-book sample	—	—	—	—	—
Sell dYdX live order book, 4 min ago	89.55 bp	94.6 bp −$95	140.9 bp −$1,409	236.9 bp −$23.7K	698.1 bp −$349.0K

Reya: 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	−0.0176%	1h	4,318.9	−0.025%	$1.4M	$482K	25x	as long as short
GRVT PAXG_USDT_Perp	−0.0104%	4h	4,321.8	+0.042%	$1.5M	$2.0M	10x	as long as short
Hibachi PAXG/USDT-P	−0.0104%	1h	4,321.6	+0.036%	$41K	$168K	20x	as long as short
Kraken Futures PF_PAXGUSD	−0.0055%	1h	4,321.4	+0.032%	$1.2M	$1.8M	20x	as long as short
dYdX PAXG-USDshort	0.0000%	1h	4,321.4	+0.034%	$101K	$12K	5x
Gate PAXG_USDT	0.0000%	8h	4,322.7	+0.063%	$15.6M	$3.6M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,317.4	−0.061%	$2K	$3.2M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,324.5	+0.104%	$7.9M	$659K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,326.4	+0.147%	$903K	$783K	75x	as long as short
MEXC PAXG_USDT	+0.0012%	4h	4,326.1	+0.141%	$16.6M	$1.0M	100x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0014%	4h	4,321.2	+0.028%	$79.7M	$74.0M	75x	as long as short
Extended PAXG-USD	+0.0016%	1h	4,320	0.000%	$376K	$1.6M	25x	as long as short
Aster PAXGUSDT	+0.0022%	4h	4,321.9	+0.043%	$902K	$29K	50x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.632%	$1K	$151K	30x	as long as short
ApeX Omni PAXGUSDT	+0.0056%	1h	4,318.9	−0.025%	$262K	$773K	50x	as long as short
Bitget PAXGUSDT	+0.0076%	4h	4,320.7	+0.016%	$9.4M	$15.9M	50x	as long as short
Paradex PAXG-USD-PERP	+0.0099%	8h	4,320.2	+0.005%	$85K	$3.5M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,320.5	+0.012%	$554	—	10x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,321.2	+0.028%	$20.8M	$2.4M	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,322.8	+0.065%	$1.0M	$303K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,321.7	+0.038%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,323.1	+0.073%	$28.7M	$5.3M	30x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,322.3	+0.053%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,321.7	+0.038%	$1.3M	$822K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,320.3	+0.007%	$12.3M	$218K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,322	+0.047%	$1.5M	$52K	50x	as long as short
Reya PAXGRUSDPERPlong	+0.0189%	1h	4,320	long leg	$20K	—	100x
Coinbase International PAXG-PERP-INTX	+0.0224%	1h	4,325.9	+0.137%	$950K	$1.0M	50x	as long as short
01 Exchange PAXGUSD	+0.0912%	1h	4,331.5	+0.266%	$29K	$23K	10x	as long as short