Funding you earn now, next payment 09:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.038%
Price spread now: dYdX against Pacifica−0.100%61s7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.100%, 7d avg −0.016%
=Together, before fees−0.204%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.085% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,302.1 | 0.0100 | pay 0.0013% / 1h | 23m 26s | $1.0M | $303K | 10x |
| Short | dYdX PAXG-USD | 4,297.8 | −0.0010 | pay 0.0001% / 1h | 23m 26s | $100K | $12K | 5x |
Pacifica PAXG
dYdX PAXG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$23.09
- Price spread: −0.100% → −0.016%
- −$8.47
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$49.56
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, just now; dYdX: 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 Pacifica live order book, just now | 0.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 10 min ago | 10.47 bp | 15.5 bp −$15 | 33.9 bp −$339 | 153.1 bp −$15.3K | 720.2 bp −$360.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0176% | 1h | 4,298.6 | −0.080% | $1.4M | $626K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0176% | 1h | 4,300 | −0.048% | $40K | $184K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0154% | 4h | 4,295.1 | −0.164% | $1.5M | $1.9M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,299.8 | −0.054% | $1.2M | $2.0M | 20x | as long as short |
| dYdX PAXG-USDshort | −0.0010% | 1h | 4,297.8 | −0.100% | $100K | $12K | 5x | |
| Gate PAXG_USDT | 0.0000% | 8h | 4,302.9 | +0.019% | $15.6M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,294.8 | −0.171% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,303 | +0.021% | $7.9M | $613K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,301.8 | −0.007% | $905K | $830K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0006% | 4h | 4,307.4 | +0.124% | $16.7M | $1.2M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0006% | 4h | 4,301.2 | −0.021% | $80.0M | $81.0M | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,300 | −0.050% | $373K | $1.5M | 25x | as long as short |
| Bitget PAXGUSDT | +0.0016% | 4h | 4,300.9 | −0.028% | $9.5M | $16.1M | 50x | as long as short |
| Aster PAXGUSDT | +0.0022% | 4h | 4,301.2 | −0.021% | $900K | $37K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +1.051% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0036% | 1h | 4,296.7 | −0.125% | $260K | $772K | 50x | as long as short |
| Hyperliquid PAXG | +0.0086% | 1h | 4,300.2 | −0.044% | $21.0M | $2.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0086% | 8h | 4,300.2 | −0.044% | $81K | $4.4M | 50x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,302.1 | long leg | $1.0M | $303K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,300.9 | −0.027% | $14.8M | $4.4M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,303.1 | +0.023% | $28.7M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,301.7 | −0.010% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,299 | −0.072% | $1.2M | $862K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,292.5 | −0.223% | $12.2M | $231K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,300.2 | −0.044% | $552 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,298 | −0.095% | $1.5M | $78K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,299.9 | −0.050% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,301.1 | −0.023% | $930K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0856% | 1h | 4,311.2 | +0.212% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Bitget PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD