Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.009%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.009%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,320.5 | 0.0100 | pay 0.0050% / 4h | 50m 07s | $28.6M | $5.3M | 30x |
| Short | BingX PAXG-USDT | 4,320.1 | 0.0100 | get 0.0050% / 4h | 50m 07s | — | $6.8M | — |
KuCoin PAXGUSDTM
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: −0.009% → −0.030%
- $2.07
- Slippage, 4 orders
- −$5.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$25.65
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; BingX: live order book, 2 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 KuCoin live order book, 9 min ago | 0.35 bp | 8.8 bp −$9 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.20 bp | 5.2 bp −$5 | 5.6 bp −$56 | 9.8 bp −$981 | 26.3 bp −$13.2K |
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 | −0.0216% | 1h | 4,316.4 | −0.094% | $1.4M | $479K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0102% | 4h | 4,319.1 | −0.033% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0084% | 1h | 4,313.6 | −0.160% | $261K | $774K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.0072% | 1h | 4,317.4 | −0.072% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,319.1 | −0.033% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.061% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,317.3 | −0.074% | $376K | $1.4M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,320.1 | −0.009% | $15.6M | $3.6M | 100x | as long as short |
| MEXC PAXG_USDT | 0.0000% | 4h | 4,324.2 | +0.085% | $16.6M | $1.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,315.4 | −0.119% | $2K | $3.3M | 20x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDT
MEXC PAXG_USDT
SunX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,322.7 | +0.050% | $7.9M | $686K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,321.3 | +0.018% | $903K | $779K | 75x | as long as short |
| Binance PAXGUSDT | 0.0000% | 4h | 4,319.2 | −0.031% | $79.7M | $74.4M | 75x | as long as short |
| Aster PAXGUSDT | +0.0013% | 4h | 4,319.4 | −0.025% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.620% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0084% | 4h | 4,318.8 | −0.039% | $9.4M | $16.1M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,317 | −0.080% | $85K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,317.3 | −0.074% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,319.5 | −0.024% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,318.9 | −0.036% | $1.0M | $306K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,319.4 | −0.026% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,320.5 | long leg | $28.6M | $5.3M | 30x | |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,320.1 | −0.009% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,319.6 | −0.021% | $1.3M | $821K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.2 | −0.099% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.104% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,317 | −0.081% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,322.2 | +0.039% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0848% | 1h | 4,327.8 | +0.169% | $29K | $23K | 10x | as long as short |
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Binance PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD