Funding you earn now, next payment 03:00 UTC+0.0892%/8h= +97.7% APRpaid last 24h +0.228%
Price spread now: 01 Exchange against KuCoin+0.190%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$27 a day on $10k at the current rate, and 01 Exchange is 0.190% dearer against KuCoin than usual: you sell high and buy low: +$19 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 | KuCoin PAXGUSDTM | 4,341.5 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $28.5M | $5.3M | 30x |
| Short | 01 Exchange PAXGUSD | 4,349.8 | 0.0992 | get 0.0124% / 1h | 46m 23s | $29K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $187.32
- Price spread: +0.190% → 0.000%
- $19.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $187.37
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 0.01 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,340.8 | −0.017% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,341.4 | −0.003% | $15.7M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,334.7 | −0.157% | $2K | $3.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,342.9 | +0.032% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,347.1 | +0.128% | $904K | $652K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.133% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0058% | 1h | 4,339.4 | −0.050% | $263K | $791K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0064% | 4h | 4,342.1 | +0.014% | $1.5M | $1.9M | 10x | as long as short |
| Hibachi PAXG/USDT-P | +0.0072% | 1h | 4,340 | −0.035% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,338.9 | −0.060% | $1.4M | $305K | 25x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,339.1 | −0.057% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,340.1 | −0.033% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,341.2 | −0.007% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,341 | −0.012% | $1.0M | $340K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,338.7 | −0.066% | $80.0M | $70.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,340.6 | −0.022% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,341.6 | +0.003% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTMlong | +0.0100% | 4h | 4,341.5 | long leg | $28.5M | $5.3M | 30x | |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.4 | −0.048% | $9.6M | $15.0M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,340.6 | −0.021% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,339.9 | −0.038% | $1.3M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,341 | −0.012% | $12.4M | $104K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,339.6 | −0.044% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,341 | −0.012% | $1.5M | $40K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,337.6 | −0.091% | $382K | $1.4M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0173% | 1h | 4,340.2 | −0.030% | $1.3M | $1.4M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,339.2 | −0.053% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,349.7 | +0.188% | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0992% | 1h | 4,349.8 | +0.190% | $29K | $23K | 10x |
KuCoin PAXGUSDTM
01 Exchange PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX