Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.035%
Price spread now: dYdX against Aster+0.029%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.475% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.029%, 7d avg −0.006%
=Together, before fees−0.240%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.034% dearer against Aster than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.006%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,346.7 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $907K | $30K | 50x |
| Short | dYdX PAXG-USD | 4,347.9 | 0 | get 0.0000% / 1h | 54m 38s | $101K | $12K | 5x |
Aster PAXGUSDT
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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: +0.029% → −0.006%
- $3.45
- Slippage, 4 orders
- −$29.47
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$65.02
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from Aster: live order book, 8 min ago; dYdX: live order book, 9 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, 8 min ago | 0.01 bp | 5.8 bp −$6 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 9 min ago | 13.82 bp | 18.8 bp −$19 | 77.8 bp −$778 | 169.3 bp −$16.9K | 820.9 bp −$410.5K |
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-USDshort | 0.0000% | 1h | 4,347.9 | +0.029% | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,348.9 | +0.051% | $15.7M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.1 | −0.151% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.3 | +0.014% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,349.4 | +0.063% | $905K | $644K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.014% | $1K | $151K | 30x | as long as short |
| Hibachi PAXG/USDT-P | +0.0064% | 1h | 4,345.7 | −0.023% | $42K | $154K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0070% | 4h | 4,346.4 | −0.007% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,347.3 | +0.014% | $1.4M | $304K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,347.7 | +0.023% | $80K | $3.7M | 50x | as long as short |
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
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 | 4,348.8 | +0.048% | $20.8M | $2.2M | 10x | as long as short |
| Aster PAXGUSDTlong | +0.0100% | 4h | 4,346.7 | long leg | $907K | $30K | 50x | |
| Pacifica PAXG | +0.0100% | 1h | 4,348.9 | +0.051% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,346.7 | +0.001% | $80.1M | $70.7M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,348 | +0.031% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,347.8 | +0.025% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,350.1 | +0.078% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,347.4 | +0.015% | $9.6M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,348.6 | +0.043% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,347.5 | +0.019% | $1.3M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,345.6 | −0.025% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,344.7 | −0.047% | $263K | $792K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,345 | −0.039% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,343 | −0.085% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,346 | −0.017% | $382K | $1.4M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0173% | 1h | 4,346 | −0.017% | $1.3M | $1.4M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,346.7 | 0.000% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,349.7 | +0.069% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1016% | 1h | 4,356.9 | +0.235% | $29K | $23K | 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
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD