Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against Paradex−0.103%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 4 days (all we have)−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.103%, 7d avg −0.084%
=Together, before fees−0.083%+ Points / potential airdropParadex: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, 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 | Paradex PAXG-USD-PERP | 4,337.4 | 0.0099 | pay 0.0099% / 8h | 3h 15m | $81K | $3.5M | 50x |
| Short | SunX PAXG-USDT | 4,332.9 | 0 | get 0.0000% / 4h | 3h 15m | $2K | $3.5M | 20x |
Paradex PAXG-USD-PERP
SunX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$20.89
- Price spread: −0.103% → −0.084%
- −$1.88
- Slippage, 4 orders
- −$60.28
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$95.06
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 3 min ago; SunX: live order book, 12 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, 3 min ago | 2.24 bp | 4.2 bp −$4 | 92.5 bp −$925 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,336.7 | −0.016% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,335.5 | −0.044% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0040% | 4h | 4,337.9 | +0.011% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0029% | 1h | 4,336.5 | −0.020% | $262K | $785K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | +0.022% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339.1 | +0.040% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDTshort | 0.0000% | 4h | 4,332.9 | −0.103% | $2K | $3.5M | 20x | |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.7 | +0.077% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,339.9 | +0.059% | $903K | $689K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.229% | $1K | $151K | 30x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0038% | 4h | 4,339.2 | +0.042% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0038% | 4h | 4,336.6 | −0.018% | $79.9M | $70.6M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,335.3 | −0.047% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.6 | +0.006% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0091% | 4h | 4,336.5 | −0.020% | $905K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERPlong | +0.0099% | 8h | 4,337.4 | long leg | $81K | $3.5M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,335 | −0.055% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,336.8 | −0.013% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,339 | +0.037% | $1.0M | $340K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.5 | +0.002% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.7 | +0.054% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.7 | +0.007% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337.7 | +0.008% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337.5 | +0.004% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336.5 | −0.020% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | −0.078% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,336.4 | −0.022% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | +0.040% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0896% | 1h | 4,348.4 | +0.254% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD