Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: Deribit against Aster+0.098%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.098%, 7d avg +0.044%
=Together, before fees−0.199%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.054% dearer against Aster than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.044%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,347.5 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $907K | $27K | 50x |
| Short | Deribit PAXG_USDC-PERPETUAL | 4,351.8 | 0 | get 0.0000% / 1h | 15m 41s | $7.9M | $865K | 50x |
Aster PAXGUSDT
Deribit PAXG_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- −$21
- Price spread: +0.098% → +0.044%
- $5.42
- Slippage, 4 orders
- −$10.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$40.79
- Costs to cover
- 0.252%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Deribit: live order book, 3 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 Aster live order book, 2 min ago | 0.01 bp | 5.1 bp −$5 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 1.60 bp | 8.0 bp −$8 | 14.6 bp −$146 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,347.3 | −0.006% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,349.7 | +0.050% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,341.6 | −0.137% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUALshort | 0.0000% | 1h | 4,351.8 | +0.098% | $7.9M | $865K | 50x | |
| HTX PAXG-USDT | 0.0000% | 4h | 4,350.5 | +0.070% | $909K | $647K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.005% | $1K | $151K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,349.3 | +0.041% | $1.3M | $1.4M | 20x | as long as short |
| Hibachi PAXG/USDT-P | +0.0088% | 1h | 4,348.3 | +0.019% | $47K | $139K | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,346.8 | −0.017% | $1.4M | $273K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,347.1 | −0.010% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
HTX PAXG-USDT
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Hibachi PAXG/USDT-P
Lighter PAXG
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,347.8 | +0.007% | $20.3M | $1.8M | 10x | as long as short |
| Aster PAXGUSDTlong | +0.0100% | 4h | 4,347.5 | long leg | $907K | $27K | 50x | |
| Pacifica PAXG | +0.0100% | 1h | 4,348.8 | +0.029% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,347.7 | +0.003% | $80.0M | $67.1M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,348.8 | +0.029% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,345 | −0.058% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,350.1 | +0.059% | $26.8M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,347.8 | +0.007% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,347.4 | −0.002% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,348.7 | +0.026% | $1.4M | $954K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.2 | +0.016% | $12.5M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,348.2 | +0.016% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,346.3 | −0.029% | $263K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,347 | −0.012% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,345 | −0.058% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,346.7 | −0.018% | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,347.7 | +0.004% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,351.8 | +0.099% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1336% | 1h | 4,359.3 | +0.271% | $29K | $22K | 10x | as long as short |
Hyperliquid PAXG
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD