Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against Pacifica−0.107%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.107%, 7d avg −0.125%
=Together, before fees−0.223%+ Points / potential airdropPacifica: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,311.9 | 0.0100 | pay 0.0013% / 1h | 15m 29s | $1.0M | $302K | 10x |
| Short | SunX PAXG-USDT | 4,307.3 | 0 | get 0.0000% / 4h | 15m 29s | $2K | $3.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$21
- Price spread: −0.107% → −0.125%
- $1.79
- Slippage, 4 orders
- −$57.15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$92.36
- Costs to cover
- 0.732%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; SunX: 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 Pacifica live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 21.54 bp | 25.5 bp −$26 | 55.2 bp −$552 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0192% | 1h | 4,308.4 | −0.080% | $1.4M | $496K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0152% | 1h | 4,311.5 | −0.010% | $41K | $170K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0110% | 4h | 4,313.2 | +0.029% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,310.7 | −0.028% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.034% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,311.9 | 0.000% | $15.5M | $3.7M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,307.3 | −0.107% | $2K | $3.2M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,316 | +0.094% | $7.9M | $659K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,316.6 | +0.109% | $902K | $795K | 75x | as long as short |
| MEXC PAXG_USDT | +0.0022% | 4h | 4,318.5 | +0.152% | $16.6M | $1.1M | 100x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0023% | 4h | 4,310.3 | −0.038% | $79.6M | $75.9M | 75x | as long as short |
| Extended PAXG-USD | +0.0024% | 1h | 4,309 | −0.067% | $376K | $1.5M | 25x | as long as short |
| Aster PAXGUSDT | +0.0028% | 4h | 4,311.6 | −0.007% | $899K | $30K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.821% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0041% | 1h | 4,312.8 | +0.020% | $261K | $774K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0056% | 4h | 4,310 | −0.044% | $9.5M | $15.9M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,310.1 | −0.042% | $85K | $3.8M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,310.2 | −0.039% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,311.9 | long leg | $1.0M | $302K | 10x | |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,310.6 | −0.030% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,312.3 | +0.009% | $28.5M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,311 | −0.021% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,310.8 | −0.025% | $1.3M | $834K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,310.3 | −0.038% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.3 | −0.014% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | +0.002% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,309.8 | −0.049% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,316.2 | +0.099% | $953K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0928% | 1h | 4,321.7 | +0.227% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
SunX PAXG-USDT
Lighter PAXG
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD