Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against MEXC−0.006%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$180.179% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.006%, 7d avg −0.055%
=Together, before fees+0.117%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.050% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,339.2 | 0.0036 | pay 0.0018% / 4h | 3h 21m | $16.1M | $1.0M | 100x |
| Short | Pacifica PAXG | 4,339 | 0.0100 | get 0.0013% / 1h | 21m 35s | $1.0M | $343K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $13.44
- Price spread: −0.006% → −0.055%
- $4.97
- Slippage, 4 orders
- −$5.93
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $0.48
- Costs to cover
- 0.179%
- Break-even
- 6.7 days
Slippage from MEXC: live order book, 2 min ago; Pacifica: 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 MEXC live order book, 2 min ago | 1.38 bp | 4.1 bp −$4 | 21.4 bp −$214 | 56.2 bp −$5,618 | 112.1 bp −$56.0K |
| Sell Pacifica live order book, 2 min ago | 0.12 bp | 4.6 bp −$5 | doesn't fit | 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 | −0.0160% | 1h | 4,337.4 | −0.041% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0152% | 1h | 4,336 | −0.074% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0080% | 4h | 4,334.5 | −0.108% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0055% | 1h | 4,334.9 | −0.100% | $262K | $787K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.021% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339 | −0.005% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,332.3 | −0.160% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.3 | +0.026% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,341.1 | +0.044% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.186% | $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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDTlong | +0.0036% | 4h | 4,339.2 | long leg | $16.1M | $1.0M | 100x | |
| Binance PAXGUSDT | +0.0038% | 4h | 4,337.2 | −0.046% | $79.9M | $70.5M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,335.9 | −0.076% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.6 | −0.038% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0094% | 4h | 4,337.1 | −0.050% | $905K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,337.4 | −0.043% | $81K | $3.6M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,336.1 | −0.072% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,337.4 | −0.042% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXGshort | +0.0100% | 1h | 4,339 | −0.006% | $1.0M | $343K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,338.1 | −0.027% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.6 | +0.009% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.8 | −0.032% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337.6 | −0.037% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337.4 | −0.043% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334 | −0.119% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | −0.121% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337.1 | −0.049% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | −0.003% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0912% | 1h | 4,347.4 | +0.188% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Pacifica PAXG
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD