Funding you earn now, next payment 20:00 UTC+0.0113%/8hnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Kraken Futures−0.059%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now −0.059%, 7d avg −0.071%
=Together, before fees−0.432%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.389%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PAXGUSD | 4,343.7 | −0.0009 | get 0.0001% / 1h | 4m 24s | $1.4M | $1.3M | 20x |
| Short | Extended PAXG-USD | 4,341.1 | 0.0104 | get 0.0013% / 1h | 4m 24s | $376K | $1.2M | 25x |
Kraken Futures PF_PAXGUSD
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- $23.74
- Price spread: −0.059% → −0.071%
- $1.15
- Slippage, 4 orders
- −$7.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $2.85
- Costs to cover
- 0.220%
- Break-even
- 6.2 days
Slippage from Kraken Futures: live order book, 3 min ago; Extended: live order book, 3 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 Kraken Futures live order book, 3 min ago | 0.81 bp | 9.4 bp −$9 | 13.9 bp −$139 | 39.1 bp −$3,908 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | −0.0048% | 1h | 4,342.3 | −0.031% | $41K | $156K | 20x | as long as short |
| Kraken Futures PF_PAXGUSDlong | −0.0009% | 1h | 4,343.7 | long leg | $1.4M | $1.3M | 20x | |
| dYdX PAXG-USD | 0.0000% | 1h | 4,343.6 | −0.002% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,343.5 | −0.004% | $15.8M | $4.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,336.3 | −0.170% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,345.5 | +0.042% | $7.9M | $837K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,347.8 | +0.094% | $908K | $667K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.7 | +0.092% | $1K | $129K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0056% | 4h | 4,341.8 | −0.044% | $1.5M | $2.1M | 10x | as long as short |
| Lighter PAXG | +0.0064% | 1h | 4,340.6 | −0.070% | $1.4M | $522K | 25x | as long as short |
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,341.7 | −0.046% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,341.2 | −0.057% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,342.2 | −0.035% | $905K | $72K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,342.9 | −0.019% | $1.0M | $363K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,341.5 | −0.050% | $79.9M | $68.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,341.7 | −0.046% | $14.8M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,343.1 | −0.013% | $15.9M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,343.3 | −0.008% | $26.8M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,341.6 | −0.049% | $9.2M | $13.8M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,341.7 | −0.046% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,342.7 | −0.022% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,341.7 | −0.045% | $12.5M | $88K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,339.9 | −0.086% | $262K | $791K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,340.5 | −0.073% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,338 | −0.131% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,341.1 | −0.059% | $376K | $1.2M | 25x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,341.8 | −0.044% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0328% | 1h | 4,346.3 | +0.060% | $998K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1304% | 1h | 4,361.3 | +0.405% | $29K | $22K | 10x | as long as short |
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD