Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Paradex against Binance+0.005%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.005%, 7d avg −0.006%
=Together, before fees−0.001%+ Points / potential airdropParadex: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,353.6 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $80.4M | $70.8M | 75x |
| Short | Paradex PAXG-USD-PERP | 4,353.8 | 0.0100 | get 0.0100% / 8h | 7h 01m | $80K | $3.7M | 50x |
Binance PAXGUSDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Binance. 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
- $0
- Price spread: +0.005% → −0.006%
- $1.17
- Slippage, 4 orders
- −$5.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$18.43
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Paradex: 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 Binance live order book, 11 min ago | 0.01 bp | 6.1 bp −$6 | 6.8 bp −$68 | 10.3 bp −$1,034 | doesn't fit |
| Sell Paradex live order book, 3 min ago | 2.24 bp | 4.2 bp −$4 | 104.2 bp −$1,042 | 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 | 4,354.3 | +0.017% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,356 | +0.056% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,350.5 | −0.071% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,357.1 | +0.082% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,357.2 | +0.084% | $906K | $642K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.144% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0086% | 4h | 4,354.7 | +0.027% | $1.6M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,352.7 | −0.020% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,353.8 | +0.005% | $80K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,354 | +0.010% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,354.1 | +0.013% | $908K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,355.9 | +0.053% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDTlong | +0.0100% | 4h | 4,353.6 | long leg | $80.4M | $70.8M | 75x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,355.2 | +0.037% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,354.6 | +0.024% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,356.8 | +0.075% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,354.7 | +0.025% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,354.6 | +0.024% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,356.3 | +0.063% | $1.4M | $831K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,354.4 | +0.019% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,352.8 | −0.017% | $263K | $787K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,353.7 | +0.003% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,352 | −0.036% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,352.5 | −0.025% | $379K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0112% | 1h | 4,355 | +0.034% | $42K | $158K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,354 | +0.010% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,354.9 | +0.031% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,357.1 | +0.081% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0976% | 1h | 4,365 | +0.263% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
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
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD