PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0098%/8h= −10.8% APRnext payment −$0.98 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against Paradex+0.059%45s7-day average +0.092% · 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—prices read too far apart to compare

costs, in and out, $10k−$280.283% of the position

Long on Paradex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.080%−$8 on $10k

Price spread, last 7 days+0.056%+$6 · spread now +0.059%, 7d avg +0.092%

Together, before fees−0.024%+ Points / potential airdropParadex: Active · farm board−$2 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 Gate is 0.033% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.092%). Swap the legs. The two prices were read 45 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	Paradex PAXG-USD-PERP	4,332.7	0.0098	pay 0.0098% / 8h	5h 49m	$80K	$4.3M	50x
Short	Gate PAXG_USDT	4,335.3	0	get 0.0000% / 8h	5h 49m	$15.7M	$4.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee GatebpOrdersPrice spread, now +0.059%Rate

Funding earned: −$20.63
Price spread: +0.059% → +0.092%: −$3.32
Slippage, 4 orders: −$9.34
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.29
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from Paradex: live order book, 2 min ago; Gate: 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 Paradex live order book, 2 min ago	2.26 bp	4.3 bp −$4	91.0 bp −$910	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.04 bp	9.1 bp −$9	13.1 bp −$131	25.7 bp −$2,574	58.1 bp −$29.0K

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
dYdX PAXG-USD	−0.0868%	1h	4,332.7	0.000%	$117K	$16K	5x	as long as short
Gate PAXG_USDTshort	0.0000%	8h	4,335.3	+0.059%	$15.7M	$4.0M	100x
SunX PAXG-USDT	0.0000%	4h	4,330.8	−0.044%	$2K	$2.8M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,337.3	+0.106%	$7.9M	$180K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,338.7	+0.138%	$913K	$824K	75x	as long as short
Lighter PAXG	+0.0032%	1h	4,330.9	−0.044%	$1.4M	$499K	25x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.336%	$1K	$151K	30x	as long as short
Paradex PAXG-USD-PERPlong	+0.0098%	8h	4,332.7	long leg	$80K	$4.3M	50x
Hyperliquid PAXG	+0.0100%	1h	4,332.6	−0.003%	$21.3M	$2.5M	10x	as long as short
Aster PAXGUSDT	+0.0100%	4h	4,333.9	+0.027%	$907K	$41K	50x	as long as short

Show all 29 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PAXG	+0.0100%	1h	4,335.2	+0.058%	$1.0M	$303K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	4,332.7	−0.002%	$80.2M	$81.7M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,334.1	+0.032%	$14.9M	$4.7M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	4,336.4	+0.085%	$16.6M	$1.2M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,336.3	+0.083%	$28.9M	$5.9M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,333	+0.006%	$9.2M	$16.8M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,333.8	+0.025%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,333.6	+0.020%	$1.2M	$872K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,333.6	+0.021%	$12.2M	$279K	—	as long as short
GRVT PAXG_USDT_Perp	+0.0100%	4h	4,333.3	+0.014%	$1.5M	$1.9M	10x	as long as short
ApeX Omni PAXGUSDT	+0.0100%	1h	4,333.6	+0.020%	$262K	$798K	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,334.9	+0.050%	$556	—	10x	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,329	−0.086%	$1.5M	$82K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	4,331.8	−0.021%	$374K	$1.5M	25x	as long as short
Kraken Futures PF_PAXGUSD	+0.0187%	1h	4,334.8	+0.047%	$1.2M	$2.1M	20x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,333.6	+0.021%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0264%	1h	4,337.3	+0.104%	$928K	$1.1M	50x	as long as short
Hibachi PAXG/USDT-P	+0.0320%	1h	4,335.4	+0.062%	$43K	$181K	20x	as long as short
01 Exchange PAXGUSD	+0.0952%	1h	4,344.4	+0.269%	$29K	$23K	10x	as long as short