Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.007%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.007%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,305.5 | 0.0100 | pay 0.0050% / 4h | 3h 37m | — | $6.8M | — |
| Short | Bybit PAXGUSDT | 4,305.2 | 0.0100 | get 0.0050% / 4h | 3h 37m | $14.8M | $4.3M | 75x |
BingX PAXG-USDT
Bybit PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.007% → −0.004%
- −$0.25
- Slippage, 4 orders
- −$4.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.84
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Bybit: live order book, 1 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 BingX live order book, 15 min ago | 0.21 bp | 5.5 bp −$5 | 6.0 bp −$60 | 9.9 bp −$994 | 25.1 bp −$12.6K |
| Sell Bybit live order book, 1 min ago | 0.12 bp | 7.1 bp −$7 | 11.0 bp −$110 | 27.7 bp −$2,768 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0192% | 1h | 4,302.6 | −0.066% | $1.4M | $612K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0182% | 4h | 4,302.2 | −0.076% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,303.9 | −0.036% | $42K | $172K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,305.3 | −0.004% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | −0.0001% | 1h | 4,306.2 | +0.018% | $100K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,306 | +0.012% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,300.5 | −0.115% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,308.8 | +0.077% | $7.9M | $599K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,308.9 | +0.079% | $904K | $818K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0012% | 4h | 4,312.4 | +0.162% | $16.8M | $1.2M | 100x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0012% | 4h | 4,304.8 | −0.015% | $80.1M | $79.9M | 75x | as long as short |
| Extended PAXG-USD | +0.0016% | 1h | 4,303.7 | −0.042% | $374K | $1.6M | 25x | as long as short |
| Aster PAXGUSDT | +0.0026% | 4h | 4,304.8 | −0.016% | $899K | $33K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0028% | 4h | 4,304.2 | −0.029% | $9.4M | $15.6M | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.972% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0080% | 1h | 4,302.8 | −0.063% | $261K | $772K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,304.1 | −0.032% | $81K | $4.3M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,303.9 | −0.036% | $21.0M | $2.6M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,306 | +0.013% | $1.0M | $304K | 10x | as long as short |
| Bybit PAXGUSDTshort | +0.0100% | 4h | 4,305.2 | −0.007% | $14.8M | $4.3M | 75x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,306.6 | +0.027% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,305.5 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,305.2 | −0.006% | $1.2M | $855K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,302.7 | −0.063% | $12.2M | $230K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,302.5 | −0.069% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,304 | −0.034% | $1.5M | $67K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,303.9 | −0.037% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,309 | +0.082% | $934K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0824% | 1h | 4,315.2 | +0.226% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Bitget PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
KuCoin PAXGUSDTM
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD