Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h 0.000%
Price spread now: Paradex against BingX−0.024%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now −0.024%, 7d avg −0.047%
=Together, before fees−0.050%+ Points / potential airdropParadex: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.023% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PAXG-USDT | 4,319 | 0.0100 | pay 0.0050% / 4h | 1h 28m | — | $6.8M | — |
| Short | Paradex PAXG-USD-PERP | 4,317.9 | 0.0098 | get 0.0098% / 8h | 1h 28m | $85K | $3.3M | 50x |
BingX PAXG-USDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$0.47
- Price spread: −0.024% → −0.047%
- $2.27
- Slippage, 4 orders
- −$5.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$17.63
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Paradex: 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, 4 min ago | 0.12 bp | 5.3 bp −$5 | 5.8 bp −$58 | 9.1 bp −$905 | 27.4 bp −$13.7K |
| Sell Paradex live order book, 1 min ago | 2.25 bp | 4.2 bp −$4 | 97.8 bp −$978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0184% | 1h | 4,315.7 | −0.077% | $1.4M | $466K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0144% | 1h | 4,317.8 | −0.026% | $44K | $166K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0112% | 4h | 4,318.1 | −0.020% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,318.2 | −0.017% | $1.2M | $1.9M | 20x | as long as short |
| Extended PAXG-USD | −0.0008% | 1h | 4,316.7 | −0.054% | $378K | $625K | 25x | as long as short |
| Binance PAXGUSDT | −0.0005% | 4h | 4,318.2 | −0.019% | $79.6M | $75.0M | 75x | as long as short |
| MEXC PAXG_USDT | −0.0004% | 4h | 4,322.2 | +0.075% | $16.5M | $1.0M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.025% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.4 | +0.010% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,313.8 | −0.119% | $2K | $3.4M | 20x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,321.7 | +0.063% | $7.9M | $850K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,321.2 | +0.052% | $904K | $770K | 75x | as long as short |
| ApeX Omni PAXGUSDT | +0.0004% | 1h | 4,318.6 | −0.009% | $261K | $772K | 50x | as long as short |
| Aster PAXGUSDT | +0.0013% | 4h | 4,319.8 | +0.018% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.656% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0098% | 8h | 4,317.9 | −0.024% | $85K | $3.3M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,317.5 | −0.034% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317.8 | −0.027% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,320.2 | +0.029% | $1.0M | $316K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317.7 | −0.028% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,320 | +0.023% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,317.3 | −0.040% | $9.4M | $16.5M | 50x | as long as short |
| BingX PAXG-USDTlong | +0.0100% | 4h | 4,319 | long leg | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,317.8 | −0.028% | $1.3M | $814K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.4 | −0.060% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.069% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,317.2 | −0.042% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,318.1 | −0.021% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,329 | +0.232% | $29K | $23K | 10x | as long as short |
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
ApeX Omni PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD