Funding you earn now, next payment 08:00 UTC−0.0920%/8h= −100.7% APRpaid last 24h −0.264%
Price spread now: SunX against 01 Exchange−0.330%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and SunX is 0.330% cheaper against 01 Exchange than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PAXGUSD | 4,323.6 | 0.0920 | pay 0.0115% / 1h | 10m 15s | $29K | $23K | 10x |
| Short | SunX PAXG-USDT | 4,309.4 | 0 | get 0.0000% / 4h | 10m 15s | $2K | $3.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against 01 Exchange. 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
- −$193.2
- Price spread: −0.330% → 0.000%
- −$32.96
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$241.16
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 8 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 8 min ago | 21.54 bp | 25.5 bp −$26 | 55.2 bp −$552 | doesn't fit | doesn't fit |
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 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 | −0.0192% | 1h | 4,310.8 | −0.296% | $1.4M | $502K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,315.5 | −0.188% | $42K | $171K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0116% | 4h | 4,314.9 | −0.201% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,313 | −0.244% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | −0.237% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,314.5 | −0.210% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,309.4 | −0.330% | $2K | $3.2M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,317.4 | −0.144% | $7.9M | $594K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,316.7 | −0.161% | $902K | $796K | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,312 | −0.269% | $376K | $1.5M | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0024% | 4h | 4,318.8 | −0.110% | $16.7M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0026% | 4h | 4,313.4 | −0.236% | $79.8M | $76.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0032% | 4h | 4,313.1 | −0.243% | $900K | $30K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.548% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0039% | 1h | 4,314.3 | −0.215% | $261K | $774K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0048% | 4h | 4,312.4 | −0.259% | $9.5M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,312.4 | −0.259% | $87K | $3.9M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,312.6 | −0.254% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,314.3 | −0.216% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,313.5 | −0.234% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,314.4 | −0.213% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,313.9 | −0.223% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,312.8 | −0.249% | $1.3M | $834K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,312.6 | −0.254% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,313.3 | −0.238% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | −0.268% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,312.9 | −0.248% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,318.8 | −0.111% | $950K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSDlong | +0.0920% | 1h | 4,323.6 | long leg | $29K | $23K | 10x |
01 Exchange PAXGUSD
SunX PAXG-USDT
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX