Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Paradex against MEXC+0.012%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$180.175% of the position
Funding, last 5 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.012%, 7d avg −0.133%
=Together, before fees+0.027%+ Points / potential airdropParadex: Active · farm board+$3 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: Paradex is 0.144% dearer against MEXC than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,356.5 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $17.0M | $1.4M | 100x |
| Short | Paradex PAXG-USD-PERP | 4,357 | 0.0100 | get 0.0100% / 8h | 3h 07m | $80K | $1.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- Price spread: +0.012% → −0.133%
- $14.43
- Slippage, 4 orders
- −$9.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$3.09
- Costs to cover
- 0.175%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Paradex: live order book, 5 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, 4 min ago | 1.29 bp | 3.9 bp −$4 | 22.6 bp −$226 | 59.9 bp −$5,988 | 156.5 bp −$78.3K |
| Sell Paradex live order book, 5 min ago | 2.26 bp | 4.3 bp −$4 | 92.1 bp −$921 | doesn't fit | doesn't fit |
PAXG on 29 exchanges
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 | −0.0240% | 1h | 4,356.4 | −0.002% | $41K | $318K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,358.8 | +0.054% | $118K | $17K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,359.2 | +0.063% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,351.1 | −0.122% | $2K | $1.3M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,361.9 | +0.125% | $8.0M | $144K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,361.2 | +0.109% | $908K | $807K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,323.8 | −0.749% | $1K | $92K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,355.7 | −0.017% | $1.4M | $815K | 25x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,357 | +0.012% | $80K | $1.2M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,357 | +0.013% | $21.3M | $2.8M | 10x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,357.7 | +0.028% | $941K | $77K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,357.5 | +0.024% | $1.0M | $318K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,356.8 | +0.008% | $81.9M | $80.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,357.4 | +0.021% | $14.6M | $4.8M | 75x | as long as short |
| MEXC PAXG_USDTlong | +0.0100% | 4h | 4,356.5 | long leg | $17.0M | $1.4M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,360.1 | +0.083% | $28.9M | $7.0M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,358.1 | +0.038% | $9.8M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,357.7 | +0.029% | — | $6.9M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,357.9 | +0.033% | $1.3M | $341K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,356.4 | −0.001% | $12.2M | $360K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,356.1 | −0.008% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,354.8 | −0.038% | $263K | $811K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,356.3 | −0.003% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,354 | −0.056% | $1.5M | $80K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,356.8 | +0.007% | $400K | $3.1M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,357.8 | +0.031% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0272% | 1h | 4,368.5 | +0.275% | $899K | $433K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0353% | 1h | 4,358.1 | +0.038% | $1.2M | $1.5M | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.1128% | 1h | 4,372.7 | +0.373% | $29K | $4K | 10x | as long as short |
MEXC PAXG_USDT
Paradex PAXG-USD-PERP
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Lighter PAXG
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Coinbase International PAXG-PERP-INTX
Kraken Futures PF_PAXGUSD
01 Exchange PAXGUSD