Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.005%
Price spread now: Injective against Gate+0.381%99s7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.381%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.359% dearer against Gate than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,330.8 | 0 | get 0.0000% / 8h | 2h 31m | $15.6M | $3.5M | 100x |
| Short | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | get 0.0004% / 1h | 31m 41s | $1K | $151K | 30x |
Gate PAXG_USDT
Injective PAXG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- $7
- Price spread: +0.381% → +0.022%
- $35.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $27.86
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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 Gate live order book, 2 min ago | 1.04 bp | 9.5 bp −$9 | 13.1 bp −$131 | 28.2 bp −$2,824 | 60.7 bp −$30.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 4,329.2 | −0.037% | $42K | $162K | 20x | as long as short |
| Lighter PAXG | −0.0128% | 1h | 4,327.2 | −0.083% | $1.4M | $386K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,328.6 | −0.051% | $1.3M | $1.6M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0018% | 1h | 4,329.3 | −0.034% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,329.2 | −0.037% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTlong | 0.0000% | 8h | 4,330.8 | long leg | $15.6M | $3.5M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,323.5 | −0.168% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,331.2 | +0.008% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,330.2 | −0.014% | $902K | $708K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0024% | 4h | 4,333.1 | +0.054% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
dYdX PAXG-USD
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 PERPshort | +0.0033% | 1h | 4,347.3 | +0.381% | $1K | $151K | 30x | |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,330.3 | −0.013% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0036% | 4h | 4,328.7 | −0.049% | $79.8M | $72.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,327.4 | −0.078% | $379K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0068% | 4h | 4,328.2 | −0.060% | $903K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0071% | 1h | 4,328.7 | −0.048% | $20.7M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,328.6 | −0.050% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,326.7 | −0.095% | $555 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,330.8 | 0.000% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,329.5 | −0.030% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,331.2 | +0.010% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,328.9 | −0.045% | $9.7M | $15.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,329.6 | −0.029% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,328.4 | −0.056% | $1.3M | $801K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,329.7 | −0.026% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,325 | −0.134% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,326.7 | −0.096% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,328.9 | −0.045% | $952K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,339 | +0.189% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
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