Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.037%
Price spread now: Extended against dYdX+0.007%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.007%, 7d avg −0.050%
=Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.057% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,341.9 | 0 | get 0.0000% / 1h | 49m 52s | $101K | $12K | 5x |
| Short | Extended PAXG-USD | 4,342.2 | 0.0040 | get 0.0005% / 1h | 49m 52s | $379K | $1.4M | 25x |
dYdX PAXG-USD
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $8.4
- Price spread: +0.007% → −0.050%
- $5.73
- Slippage, 4 orders
- −$21.13
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.99
- Costs to cover
- 0.361%
- Break-even
- 25.3 days
Slippage from dYdX: live order book, 64 min ago; Extended: 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 dYdX live order book, 64 min ago | 10.39 bp | 15.4 bp −$15 | 30.2 bp −$302 | 165.0 bp −$16.5K | 477.2 bp −$238.6K |
| Sell Extended live order book, 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0200% | 1h | 4,343.5 | +0.039% | $46K | $158K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,344.2 | +0.054% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0064% | 1h | 4,342 | +0.004% | $1.4M | $365K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0021% | 1h | 4,338.3 | −0.081% | $262K | $784K | 50x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,341.9 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.3 | +0.079% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.5 | −0.031% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.3 | +0.126% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,344.9 | +0.070% | $905K | $691K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0008% | 4h | 4,340.6 | −0.029% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_PerpShow 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 | +0.125% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,344.5 | +0.062% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0039% | 4h | 4,343.4 | +0.036% | $80.2M | $70.4M | 75x | as long as short |
| Extended PAXG-USDshort | +0.0040% | 1h | 4,342.2 | +0.007% | $379K | $1.4M | 25x | |
| Aster PAXGUSDT | +0.0076% | 4h | 4,343.4 | +0.036% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0092% | 1h | 4,343.4 | +0.036% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,343.8 | +0.045% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | +0.024% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.8 | +0.068% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,343.6 | +0.041% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346.2 | +0.101% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343.2 | +0.031% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.6 | +0.040% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,344 | +0.048% | $1.3M | $793K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,342.8 | +0.022% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.066% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,342.8 | +0.022% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.131% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0768% | 1h | 4,354.2 | +0.284% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD