PAXG

Alert

Funding spread now, next payment 14:00 UTC−0.0716%/8h

paid, last 24h−0.201%paid, last 3 days−0.183%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.183% in total (about -22.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PAXGUSD	4,372.2	0.0816	pay 0.0102% / 1h	30m 51s	$15K	$8K	10x
Short	MEXC PAXG_USDT	4,361.9	0.0100	get 0.0050% / 4h	2h 30m	$16.3M	$1.1M	100x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee MEXCbpOrdersRate

Funding earned: −$150.36
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$161.36
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.236%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 01 Exchange no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	1.44 bp	4.0 bp −$4	8.8 bp −$88	31.1 bp −$3,115	97.5 bp −$48.7K

01 Exchange: 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 28 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX PAXG-USD	0.0000%	1h	$102K	$18K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	$16.0M	$3.8M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	$2K	$3.4M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	$7.9M	$814K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	$918K	$517K	75x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	$1K	$117K	30x	as long as short
Lighter PAXG	+0.0096%	1h	$1.4M	$678K	25x	as long as short
Paradex PAXG-USD-PERP	+0.0100%	8h	$85K	$2.2M	50x	as long as short
Hyperliquid PAXG	+0.0100%	1h	$20.4M	$1.5M	10x	as long as short
Aster PAXGUSDT	+0.0100%	4h	$902K	$63K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica PAXG	+0.0100%	1h	$1.0M	$399K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	$78.8M	$55.1M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	$15.2M	$2.7M	75x	as long as short
MEXC PAXG_USDTshort	+0.0100%	4h	$16.3M	$1.1M	100x
KuCoin PAXGUSDTM	+0.0100%	4h	$27.6M	$4.4M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	$9.1M	$10.2M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	—	$6.7M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	$1.1M	$749K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	$12.5M	$71K	—	as long as short
ApeX Omni PAXGUSDT	+0.0100%	1h	$264K	$790K	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	$560	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	$1.5M	$24K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	$378K	$1.2M	25x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	$21K	—	100x	as long as short
Kraken Futures PF_PAXGUSD	+0.0201%	1h	$1.3M	$1.0M	20x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0256%	1h	$981K	$459K	50x	as long as short
Hibachi PAXG/USDT-P	+0.0320%	1h	$44K	$139K	20x	as long as short
01 Exchange PAXGUSDlong	+0.0816%	1h	$15K	$8K	10x