PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0831%/8h= +91.0% APRnext payment +$1.04 per $10,000 · paid last 24h +0.227%

Price spread now: 01 Exchange against Kraken Futures+0.242%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures 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

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and 01 Exchange is 0.242% dearer against Kraken Futures than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PAXGUSD	4,337.9	0.0065	pay 0.0008% / 1h	14m 41s	$1.3M	$1.4M	20x
Short	01 Exchange PAXGUSD	4,348.4	0.0896	get 0.0112% / 1h	14m 41s	$29K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now +0.242%Rate

Funding earned: $174.46
Price spread: +0.242% → 0.000%: $24.15
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $181.61
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 4 min ago; 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 Kraken Futures live order book, 4 min ago	1.15 bp	6.6 bp −$7	12.4 bp −$124	38.1 bp −$3,814	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Hibachi PAXG/USDT-P	−0.0168%	1h	4,336.7	−0.029%	$42K	$154K	20x	as long as short
Lighter PAXG	−0.0144%	1h	4,335.8	−0.048%	$1.4M	$368K	25x	as long as short
ApeX Omni PAXGUSDT	−0.0028%	1h	4,335.3	−0.060%	$262K	$785K	50x	as long as short
GRVT PAXG_USDT_Perp	−0.0018%	4h	4,337.6	−0.007%	$1.5M	$1.9M	10x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,338.3	+0.009%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,339.6	+0.039%	$15.6M	$3.4M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,332.8	−0.118%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,340.7	+0.065%	$7.9M	$843K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,340	+0.048%	$903K	$689K	75x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.216%	$1K	$151K	30x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0038%	4h	4,337	−0.022%	$79.9M	$70.4M	75x	as long as short
MEXC PAXG_USDT	+0.0038%	4h	4,339.3	+0.031%	$16.1M	$1.0M	100x	as long as short
Extended PAXG-USD	+0.0040%	1h	4,335.7	−0.052%	$379K	$1.5M	25x	as long as short
Kraken Futures PF_PAXGUSDlong	+0.0065%	1h	4,337.9	long leg	$1.3M	$1.4M	20x
Aster PAXGUSDT	+0.0088%	4h	4,336.7	−0.028%	$905K	$27K	50x	as long as short
Paradex PAXG-USD-PERP	+0.0099%	8h	4,337.4	−0.011%	$81K	$3.5M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,334.9	−0.070%	$556	—	10x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,337.2	−0.017%	$20.8M	$2.3M	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,339.2	+0.029%	$1.0M	$340K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,337.8	−0.002%	$14.9M	$3.8M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,339.7	+0.041%	$28.6M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,337.6	−0.007%	$9.7M	$15.2M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,337.8	−0.003%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,337.7	−0.006%	$1.3M	$799K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,336.5	−0.033%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,335	−0.067%	$1.5M	$38K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,336.6	−0.032%	$21K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0296%	1h	4,339.1	+0.027%	$956K	$1.1M	50x	as long as short
01 Exchange PAXGUSDshort	+0.0896%	1h	4,348.4	+0.242%	$29K	$24K	10x