Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.017%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs+$1as in the Price arb table
costs, in and out, $10k−$150.147% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.017%, 7d avg −0.170%
=Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.154% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.170%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,350.5 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $16.2M | $1.1M | 100x |
| Short | Extended PAXG-USD | 4,349.8 | 0.0104 | get 0.0013% / 1h | 17m 02s | $378K | $1.5M | 25x |
MEXC PAXG_USDT
Extended PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $0.84
- Price spread: −0.017% → −0.170%
- $15.38
- Slippage, 4 orders
- −$5.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.5
- Costs to cover
- 0.147%
- Break-even
- from the start
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 1 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 MEXC live order book, 2 min ago | 2.11 bp | 4.7 bp −$5 | 28.2 bp −$282 | 67.8 bp −$6,775 | 145.3 bp −$72.6K |
| Sell Extended live order book, 1 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,351.5 | +0.023% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,353.3 | +0.064% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,345.1 | −0.126% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,354.6 | +0.093% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,354.4 | +0.089% | $907K | $628K | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.0016% | 1h | 4,351.5 | +0.022% | $42K | $160K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.074% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0092% | 4h | 4,353.2 | +0.060% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,350.7 | +0.004% | $1.4M | $305K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,349.9 | −0.014% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Hibachi PAXG/USDT-P
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.1 | +0.013% | $20.7M | $2.1M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,350.8 | +0.007% | $908K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,353.2 | +0.061% | $1.0M | $364K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,350.5 | −0.002% | $80.2M | $70.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,352.6 | +0.048% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0100% | 4h | 4,350.5 | long leg | $16.2M | $1.1M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.2 | +0.062% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,351.2 | +0.016% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.4 | +0.042% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,351.9 | +0.031% | $1.4M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,353 | +0.058% | $12.5M | $109K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,351.3 | +0.018% | $263K | $791K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.6 | +0.025% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,350 | −0.012% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USDshort | +0.0104% | 1h | 4,349.8 | −0.017% | $378K | $1.5M | 25x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,350.6 | +0.002% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,351.6 | +0.024% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,356.3 | +0.132% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,361.8 | +0.259% | $29K | $23K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
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
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD