Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Bitget against Paradex+0.041%7-day average +0.020% · 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−$22as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 4 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.041%, 7d avg +0.020%
=Together, before fees−0.053%+ Points / potential airdropParadex: Active · farm board−$5 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: Bitget is 0.021% dearer against Paradex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,355.1 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $80K | $3.7M | 50x |
| Short | Bitget PAXGUSDT | 4,356.9 | 0.0100 | get 0.0050% / 4h | 1h 08m | $9.2M | $13.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Paradex. 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: +0.041% → +0.020%
- $2.11
- Slippage, 4 orders
- −$7.99
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.88
- Costs to cover
- 0.240%
- Break-even
- 70421.4 days
Slippage from Paradex: live order book, 1 min ago; Bitget: 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 Paradex live order book, 1 min ago | 2.30 bp | 4.3 bp −$4 | 96.2 bp −$962 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.01 bp | 7.2 bp −$7 | 10.9 bp −$109 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,354.3 | −0.018% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.3 | +0.075% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,351.2 | −0.089% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,359.9 | +0.111% | $7.9M | $866K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,357.2 | +0.049% | $911K | $646K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.178% | $1K | $151K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,358.2 | +0.073% | $1.3M | $1.4M | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,355.3 | +0.007% | $1.4M | $273K | 25x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0100% | 8h | 4,355.1 | long leg | $80K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,356 | +0.022% | $20.4M | $1.8M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,356.3 | +0.028% | $909K | $27K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,356 | +0.022% | $1.0M | $344K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,356.5 | +0.033% | $80.2M | $67.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,357.1 | +0.047% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.8 | −0.074% | $16.0M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,357 | +0.045% | $26.9M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,356.9 | +0.041% | $9.2M | $13.3M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,356.4 | +0.031% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,355.6 | +0.012% | $1.4M | $955K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,352.6 | −0.057% | $12.5M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,350.5 | −0.106% | $1.6M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,350 | −0.117% | $263K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,355.3 | +0.006% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,353 | −0.047% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,355.6 | +0.012% | $378K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0104% | 1h | 4,355 | −0.002% | $48K | $139K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,355.8 | +0.017% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,357.4 | +0.053% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1288% | 1h | 4,366.5 | +0.263% | $29K | $22K | 10x | as long as short |
Paradex PAXG-USD-PERP
Bitget PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Lighter PAXG
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
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
01 Exchange PAXGUSD