Funding you earn now, next payment 05:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.057%
Price spread now: Reya against SunX+0.081%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.081% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PAXG-USDT | 4,332.9 | 0 | get 0.0000% / 4h | 3h 16m | $2K | $3.5M | 20x |
| Short | Reya PAXGRUSDPERP | 4,336.4 | 0.0189 | get 0.0024% / 1h | 16m 12s | $21K | — | 100x |
SunX PAXG-USDT
Reya PAXGRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against SunX. 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
- $39.79
- Price spread: +0.081% → 0.000%
- $8.1
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $33.88
- Costs to cover
- 0.140%
- Break-even
- 1.0 days
Slippage unknown: SunX: live order book, 12 min ago; Reya: no order-book sample. 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 SunX live order book, 12 min ago | 21.54 bp | 38.3 bp −$38 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,336.7 | +0.086% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,335.5 | +0.060% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0040% | 4h | 4,337.9 | +0.114% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0029% | 1h | 4,336.5 | +0.083% | $262K | $785K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | +0.125% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339 | +0.141% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDTlong | 0.0000% | 4h | 4,332.9 | long leg | $2K | $3.5M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.7 | +0.180% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,339.9 | +0.162% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.332% | $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
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 | +0.0038% | 4h | 4,339.4 | +0.149% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0038% | 4h | 4,336.7 | +0.088% | $79.9M | $70.6M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,335.7 | +0.065% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.6 | +0.109% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0091% | 4h | 4,336.8 | +0.090% | $905K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,337.4 | +0.103% | $81K | $3.5M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,335 | +0.048% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,336.8 | +0.090% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,339 | +0.139% | $1.0M | $340K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.8 | +0.113% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.4 | +0.150% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.2 | +0.099% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337.7 | +0.111% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337.5 | +0.106% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,337.1 | +0.096% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | +0.025% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERPshort | +0.0189% | 1h | 4,336.4 | +0.081% | $21K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.143% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0896% | 1h | 4,348.4 | +0.357% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica 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