Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.022%
Price spread now: Aster against Injective+0.229%7-day average −0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)−0.337%−$34 · spread now +0.229%, 7d avg −0.071%
=Together, before fees−0.286%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.300% dearer against Injective than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | pay 0.0004% / 1h | 35m 11s | $1K | $151K | 30x |
| Short | Aster PAXGUSDT | 4,357.3 | 0.0100 | get 0.0050% / 4h | 3h 35m | $909K | $29K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- $14
- Price spread: +0.229% → −0.071%
- $30.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $35.99
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Aster: live order book, 38 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 38 min ago | 0.01 bp | 5.2 bp −$5 | 9.6 bp −$96 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,359.2 | +0.274% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.3 | +0.253% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,352.9 | +0.128% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,360.8 | +0.311% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,363.6 | +0.374% | $907K | $659K | 75x | as long as short |
| Injective PAXG/USDC PERPlong | +0.0033% | 1h | 4,347.3 | long leg | $1K | $151K | 30x | |
| Lighter PAXG | +0.0096% | 1h | 4,356.1 | +0.203% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,357 | +0.223% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,357.5 | +0.235% | $20.8M | $2.1M | 10x | as long as short |
| Aster PAXGUSDTshort | +0.0100% | 4h | 4,357.3 | +0.229% | $909K | $29K | 50x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,358.7 | +0.262% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,357 | +0.223% | $80.1M | $71.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,358.4 | +0.254% | $15.1M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.4 | +0.232% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,359.6 | +0.282% | $28.4M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,357.5 | +0.234% | $9.7M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,357.9 | +0.243% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,358 | +0.247% | $1.4M | $853K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,358.3 | +0.252% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,356.3 | +0.207% | $1.6M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,355.5 | +0.187% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,357.5 | +0.235% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,355 | +0.177% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,356 | +0.199% | $379K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0136% | 1h | 4,358.1 | +0.248% | $42K | $157K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,357.3 | +0.230% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,357.7 | +0.240% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,366.2 | +0.434% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1024% | 1h | 4,368.7 | +0.492% | $29K | $23K | 10x | as long as short |
Injective PAXG/USDC PERP
Aster PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD