Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.038%
Price spread now: Pacifica against dYdX+0.076%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.076%, 7d avg +0.016%
=Together, before fees+0.195%+ Points / potential airdropPacifica: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.061% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,329.2 | 0 | get 0.0000% / 1h | 30m 17s | $101K | $12K | 5x |
| Short | Pacifica PAXG | 4,332.5 | 0.0100 | get 0.0013% / 1h | 30m 17s | $1.0M | $348K | 10x |
dYdX PAXG-USD
Pacifica PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $21
- Price spread: +0.076% → +0.016%
- $6.06
- Slippage, 4 orders
- −$21.81
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$12.75
- Costs to cover
- 0.398%
- Break-even
- 11.2 days
Slippage from dYdX: live order book, 18 min ago; Pacifica: 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, 18 min ago | 10.36 bp | 15.4 bp −$15 | 33.0 bp −$330 | 161.6 bp −$16.2K | 984.5 bp −$492.3K |
| Sell Pacifica live order book, 4 min ago | 0.12 bp | 4.6 bp −$5 | doesn't fit | 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 | −0.0168% | 1h | 4,327.6 | −0.037% | $42K | $162K | 20x | as long as short |
| Lighter PAXG | −0.0128% | 1h | 4,328.5 | −0.015% | $1.4M | $386K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,331.6 | +0.057% | $1.3M | $1.6M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0033% | 1h | 4,325.9 | −0.076% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USDlong | 0.0000% | 1h | 4,329.2 | long leg | $101K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,332.6 | +0.079% | $15.6M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,326.2 | −0.069% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,333.9 | +0.108% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,332.6 | +0.079% | $903K | $709K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0004% | 4h | 4,326.3 | −0.066% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
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 | +0.418% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,332.9 | +0.086% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0037% | 4h | 4,330 | +0.019% | $79.8M | $72.5M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,328.9 | −0.006% | $379K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0068% | 4h | 4,330.1 | +0.020% | $903K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0071% | 1h | 4,330.5 | +0.030% | $20.7M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,330.6 | +0.033% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,330.1 | +0.021% | $556 | — | 10x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,332.5 | +0.076% | $1.0M | $348K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,331 | +0.042% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,332.8 | +0.083% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,329.8 | +0.015% | $9.7M | $15.5M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,330.9 | +0.040% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,330 | +0.019% | $1.3M | $801K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,327.7 | −0.035% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,327 | −0.051% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,329.8 | +0.015% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,328.9 | −0.008% | $952K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,341 | +0.273% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
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