Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Bitget against Hyperliquid+0.015%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.015%, 7d avg 0.000%
=Together, before fees+0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PAXG | 4,335.1 | 0.0100 | pay 0.0013% / 1h | 57m 19s | $20.7M | $2.4M | 10x |
| Short | Bitget PAXGUSDT | 4,335.8 | 0.0100 | get 0.0050% / 4h | 3h 57m | $9.7M | $15.0M | 50x |
Hyperliquid PAXG
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. 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
- Price spread: +0.015% → 0.000%
- $1.56
- Slippage, 4 orders
- −$6.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.4
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Bitget: live order book, 1 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 Hyperliquid live order book, 6 min ago | 0.12 bp | 6.2 bp −$6 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.01 bp | 8.6 bp −$9 | 10.5 bp −$105 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT PAXG_USDT_Perp | −0.0196% | 4h | 4,338.6 | +0.080% | $1.5M | $1.9M | 10x | as long as short |
| Lighter PAXG | −0.0176% | 1h | 4,334 | −0.025% | $1.4M | $359K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0136% | 1h | 4,338.8 | +0.085% | $42K | $155K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.4 | +0.075% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,337.4 | +0.053% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,330.1 | −0.116% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,338.4 | +0.076% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,342 | +0.158% | $903K | $684K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.281% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0049% | 1h | 4,338.1 | +0.070% | $262K | $787K | 50x | as long as short |
GRVT PAXG_USDT_Perp
Lighter PAXG
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,335.4 | +0.007% | $1.3M | $1.4M | 20x | as long as short |
| Extended PAXG-USD | +0.0088% | 1h | 4,333.5 | −0.038% | $378K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0089% | 4h | 4,335.3 | +0.005% | $80.0M | $71.1M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0094% | 4h | 4,337.5 | +0.054% | $16.1M | $1.0M | 100x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,335.4 | +0.006% | $81K | $3.7M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,335 | −0.002% | $556 | — | 10x | as long as short |
| Hyperliquid PAXGlong | +0.0100% | 1h | 4,335.1 | long leg | $20.7M | $2.4M | 10x | |
| Aster PAXGUSDT | +0.0100% | 4h | 4,335.1 | 0.000% | $904K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,337.4 | +0.054% | $1.0M | $338K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,336 | +0.021% | $14.8M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,338 | +0.066% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,335.8 | +0.015% | $9.7M | $15.0M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,335.8 | +0.017% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337 | +0.043% | $1.3M | $800K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,339.2 | +0.094% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,333 | −0.048% | $1.5M | $40K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,334.9 | −0.004% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,341 | +0.136% | $988K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1032% | 1h | 4,346.3 | +0.258% | $29K | $23K | 10x | as long as short |
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Aster PAXGUSDT
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