Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against Orderly−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.130% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PAXG_USDC_mythos | 4,352.1 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $558 | — | 10x |
| Short | SunX PAXG-USDT | 4,346.5 | 0 | get 0.0000% / 4h | 2h 17m | $2K | $3.8M | 20x |
Orderly PERP_PAXG_USDC_mythos
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Orderly. 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
- −$21
- Price spread: −0.130% → 0.000%
- −$12.98
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$47.98
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 10 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 10 min ago | 21.53 bp | 25.5 bp −$26 | 55.2 bp −$552 | doesn't fit | doesn't fit |
Orderly: 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 | 4,351.5 | −0.013% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,352.7 | +0.014% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,346.5 | −0.130% | $2K | $3.8M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,356.4 | +0.099% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,355 | +0.065% | $906K | $628K | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.0016% | 1h | 4,351.5 | −0.014% | $42K | $160K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.110% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,352.3 | +0.006% | $1.4M | $305K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0098% | 4h | 4,352.8 | +0.016% | $1.5M | $2.0M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,351.7 | −0.008% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Hibachi PAXG/USDT-P
Injective PAXG/USDC PERP
Lighter PAXG
GRVT PAXG_USDT_Perp
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 | 4,350.5 | −0.037% | $20.7M | $2.1M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,352.4 | +0.008% | $908K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,352.6 | +0.011% | $1.0M | $364K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,351.1 | −0.022% | $80.2M | $70.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,353.3 | +0.026% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.7 | −0.010% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.4 | +0.029% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,351.5 | −0.015% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.6 | +0.012% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,352.2 | +0.003% | $1.4M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,353 | +0.022% | $12.5M | $109K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,351.1 | −0.023% | $263K | $791K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythoslong | +0.0100% | 4h | 4,352.1 | long leg | $558 | — | 10x | |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,350 | −0.048% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,350.8 | −0.030% | $378K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,353.5 | +0.033% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,353.3 | +0.027% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,356.3 | +0.096% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1000% | 1h | 4,363 | +0.250% | $29K | $23K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD