Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against Deribit−0.111%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.111%, 7d avg −0.100%
=Together, before fees+0.150%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PAXG_USDC-PERPETUAL | 4,321.4 | 0 | get 0.0000% / 1h | 0m 34s | $7.9M | $846K | 50x |
| Short | Extended PAXG-USD | 4,316.6 | −0.0008 | pay 0.0001% / 1h | 0m 34s | $374K | $778K | 25x |
Deribit PAXG_USDC-PERPETUAL
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- −$1.68
- Price spread: −0.111% → −0.100%
- −$1.08
- Slippage, 4 orders
- −$10.44
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.2
- Costs to cover
- 0.224%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; Extended: live order book, 43 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 Deribit live order book, 4 min ago | 3.02 bp | 6.6 bp −$7 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | −0.0176% | 1h | 4,315.6 | −0.134% | $1.4M | $482K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0108% | 4h | 4,317.2 | −0.097% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0088% | 1h | 4,317.2 | −0.095% | $42K | $168K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,317.7 | −0.085% | $1.2M | $1.9M | 20x | as long as short |
| Extended PAXG-USDshort | −0.0008% | 1h | 4,316.6 | −0.111% | $374K | $778K | 25x | |
| MEXC PAXG_USDT | −0.0006% | 4h | 4,323.1 | +0.040% | $16.6M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | −0.0005% | 4h | 4,317.8 | −0.083% | $79.6M | $75.2M | 75x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.081% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.3 | −0.048% | $15.6M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,313.7 | −0.177% | $2K | $3.3M | 20x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
MEXC PAXG_USDT
Binance PAXGUSDT
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-PERPETUALlong | 0.0000% | 1h | 4,321.4 | long leg | $7.9M | $846K | 50x | |
| HTX PAXG-USDT | 0.0000% | 4h | 4,319.9 | −0.034% | $902K | $775K | 75x | as long as short |
| Aster PAXGUSDT | +0.0010% | 4h | 4,319.1 | −0.053% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.600% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0044% | 1h | 4,317.2 | −0.097% | $261K | $772K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0094% | 4h | 4,317.3 | −0.094% | $9.4M | $16.4M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,317.8 | −0.083% | $85K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,316.2 | −0.119% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,317.9 | −0.080% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,318.9 | −0.057% | $1.0M | $316K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,318.1 | −0.075% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,319.9 | −0.035% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,318.6 | −0.064% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,317.5 | −0.088% | $1.3M | $826K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.8 | −0.106% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.124% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,316.7 | −0.108% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,322.2 | +0.019% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0840% | 1h | 4,328.4 | +0.163% | $29K | $23K | 10x | as long as short |
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
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