Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.005%
Price spread now: Paradex against Bitget−0.002%7-day average −0.033% · 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−$20as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 4 days (all we have)+0.003%$0 on $10k
+Price spread, last 7 days−0.105%−$10 · spread now −0.002%, 7d avg −0.033%
=Together, before fees−0.101%+ Points / potential airdropParadex: Active · farm board−$10 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 0.031% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,317.8 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $9.4M | $16.5M | 50x |
| Short | Paradex PAXG-USD-PERP | 4,317.7 | 0.0097 | get 0.0097% / 8h | 1h 49m | $85K | $3.2M | 50x |
Bitget PAXGUSDT
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bitget. 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
- −$0.54
- Price spread: −0.002% → −0.033%
- $3.08
- Slippage, 4 orders
- −$7.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$20.72
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Paradex: live order book, 4 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 Bitget live order book, 4 min ago | 0.01 bp | 6.9 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 4 min ago | 2.25 bp | 4.2 bp −$4 | 95.6 bp −$956 | 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 | 4,315.9 | −0.044% | $1.4M | $435K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,318.2 | +0.011% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0090% | 4h | 4,318.8 | +0.023% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0062% | 1h | 4,317.8 | 0.000% | $261K | $771K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,317 | −0.017% | $1.2M | $1.9M | 20x | as long as short |
| Binance PAXGUSDT | −0.0002% | 4h | 4,317.8 | 0.000% | $79.5M | $74.6M | 75x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | +0.003% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,315.6 | −0.049% | $378K | $1.4M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,318.5 | +0.017% | $15.6M | $3.8M | 100x | as long as short |
| MEXC PAXG_USDT | 0.0000% | 4h | 4,322.6 | +0.113% | $16.5M | $1.0M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Kraken Futures PF_PAXGUSD
Binance PAXGUSDT
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,312.6 | −0.119% | $2K | $3.4M | 20x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,320.2 | +0.057% | $906K | $761K | 75x | as long as short |
| Aster PAXGUSDT | +0.0020% | 4h | 4,319.7 | +0.046% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.684% | $1K | $151K | 30x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.0082% | 1h | 4,321.9 | +0.095% | $7.9M | $849K | 50x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0097% | 8h | 4,317.7 | −0.002% | $85K | $3.2M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.9 | −0.043% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317.6 | −0.004% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,319.3 | +0.036% | $1.0M | $317K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,318.7 | +0.023% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,319.3 | +0.035% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTlong | +0.0100% | 4h | 4,317.8 | long leg | $9.4M | $16.5M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,317.9 | +0.004% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,316.4 | −0.032% | $1.3M | $811K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,315.3 | −0.056% | $12.2M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.041% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,316 | −0.042% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,319.3 | +0.036% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0800% | 1h | 4,326.8 | +0.209% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Deribit PAXG_USDC-PERPETUAL
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD