PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0823%/8h= +90.1% APRnext payment +$1.03 per $10,000 · paid last 24h +0.258%

Price spread now: 01 Exchange against Injective−0.278%104s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.278% cheaper against Injective than usual: you would sell low and buy high (spread −0.278% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 27 hours of funding at the current rate (+$25 a day). The two prices were read 104 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	Injective PAXG/USDC PERP	4,347.3	0.0033	pay 0.0004% / 1h	1m 30s	$1K	$151K	30x
Short	01 Exchange PAXGUSD	4,335.2	0.0856	get 0.0107% / 1h	1m 30s	$29K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee 01 ExchangebpOrdersPrice spread, now −0.278%Rate

Funding earned: $172.76
Price spread: −0.278% → 0.000%: −$27.83
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $137.91
Costs to cover: 0.070%
Break-even: 1.4 days

Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 Injective no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Injective and 01 Exchange: 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
Lighter PAXG	−0.0136%	1h	4,322.3	−0.575%	$1.4M	$392K	25x	as long as short
Hibachi PAXG/USDT-P	−0.0112%	1h	4,324.6	−0.522%	$42K	$165K	20x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,324.4	−0.527%	$1.2M	$1.9M	20x	as long as short
GRVT PAXG_USDT_Perp	−0.0074%	4h	4,323.9	−0.538%	$1.5M	$2.0M	10x	as long as short
ApeX Omni PAXGUSDT	−0.0007%	1h	4,327.7	−0.452%	$262K	$783K	50x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,325.2	−0.507%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,326.1	−0.488%	$15.6M	$3.8M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,320.6	−0.614%	$1K	$3.4M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,328	−0.443%	$7.9M	$835K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,330.5	−0.386%	$902K	$746K	75x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0010%	4h	4,323.7	−0.542%	$79.8M	$74.3M	75x	as long as short
MEXC PAXG_USDT	+0.0012%	4h	4,326.2	−0.487%	$16.5M	$1.1M	100x	as long as short
Extended PAXG-USD	+0.0016%	1h	4,322.7	−0.565%	$376K	$1.4M	25x	as long as short
Injective PAXG/USDC PERPlong	+0.0033%	1h	4,347.3	long leg	$1K	$151K	30x
Aster PAXGUSDT	+0.0037%	4h	4,326.2	−0.484%	$903K	$27K	50x	as long as short
Paradex PAXG-USD-PERP	+0.0097%	8h	4,324.3	−0.529%	$81K	$3.2M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,323.9	−0.538%	$555	—	10x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,324.2	−0.531%	$20.8M	$2.4M	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,326.2	−0.485%	$1.0M	$336K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,325	−0.513%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,326	−0.489%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,323.8	−0.541%	$9.3M	$16.1M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,325.4	−0.504%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,324.5	−0.525%	$1.3M	$811K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,330	−0.398%	$12.3M	$221K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,321	−0.605%	$1.5M	$46K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,323.3	−0.553%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,333.5	−0.319%	$978K	$1.1M	50x	as long as short
01 Exchange PAXGUSDshort	+0.0856%	1h	4,335.2	−0.278%	$29K	$24K	10x