Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.055%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.055%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.025% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,344.4 | 0.0100 | pay 0.0050% / 4h | 2h 46m | — | $6.8M | — |
| Short | KuCoin PAXGUSDTM | 4,346.8 | 0.0100 | get 0.0050% / 4h | 2h 46m | $28.6M | $5.3M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.055% → +0.030%
- $2.5
- Slippage, 4 orders
- −$5.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$25.17
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 7 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, 1 min ago | 0.07 bp | 5.1 bp −$5 | 5.3 bp −$53 | 10.0 bp −$1,005 | 26.2 bp −$13.1K |
| Sell KuCoin live order book, 7 min ago | 0.54 bp | 8.6 bp −$9 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0184% | 1h | 4,344.7 | +0.006% | $45K | $160K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,344.7 | +0.006% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0064% | 1h | 4,342.4 | −0.048% | $1.4M | $365K | 25x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | −0.059% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,346 | +0.036% | $15.7M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.3 | −0.095% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.5 | +0.071% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,346.6 | +0.049% | $906K | $691K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0002% | 1h | 4,342.9 | −0.034% | $263K | $783K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0018% | 4h | 4,343.8 | −0.015% | $1.5M | $1.9M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.066% | $1K | $151K | 30x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,342.4 | −0.046% | $379K | $1.4M | 25x | as long as short |
| MEXC PAXG_USDT | +0.0040% | 4h | 4,344.8 | +0.008% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0042% | 4h | 4,343.6 | −0.019% | $80.2M | $70.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0077% | 4h | 4,343.6 | −0.020% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0093% | 1h | 4,343.6 | −0.019% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,344 | −0.011% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,343.3 | −0.026% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,345.1 | +0.015% | $1.0M | $353K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.5 | +0.002% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTMshort | +0.0100% | 4h | 4,346.8 | +0.055% | $28.6M | $5.3M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343.9 | −0.013% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,344.4 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344.3 | −0.003% | $1.3M | $795K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.8 | −0.038% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.125% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.2 | −0.028% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.072% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.7 | +0.236% | $29K | $24K | 10x | as long as short |
BingX PAXG-USDT
KuCoin PAXGUSDTM
Kraken Futures PF_PAXGUSD
Lighter PAXG
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
Injective PAXG/USDC PERP
Extended PAXG-USD
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Pacifica PAXG
Bybit PAXGUSDT
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD