Funding you earn now, next payment 07:00 UTC+0.0692%/8h= +75.8% APRpaid last 24h +0.233%
Price spread now: 01 Exchange against Phemex+0.285%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and 01 Exchange is 0.285% dearer against Phemex than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PAXGUSDT | 4,317 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.5M | $52K | 50x |
| Short | 01 Exchange PAXGUSD | 4,329.3 | 0.0792 | get 0.0099% / 1h | 43m 56s | $29K | $23K | 10x |
Phemex PAXGUSDT
01 Exchange PAXGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Phemex. 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
- $145.32
- Price spread: +0.285% → 0.000%
- $28.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $154.81
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 4 min ago; 01 Exchange: no order-book sample. 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 Phemex live order book, 4 min ago | 1.16 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0208% | 1h | 4,316.9 | −0.003% | $1.4M | $465K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,319.6 | +0.060% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,315.2 | −0.043% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0053% | 1h | 4,314.9 | −0.050% | $261K | $771K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,319.9 | +0.067% | $1.2M | $1.9M | 20x | as long as short |
| Extended PAXG-USD | −0.0008% | 1h | 4,317.8 | +0.019% | $378K | $973K | 25x | as long as short |
| Binance PAXGUSDT | −0.0006% | 4h | 4,319 | +0.046% | $79.5M | $74.9M | 75x | as long as short |
| MEXC PAXG_USDT | −0.0004% | 4h | 4,322.6 | +0.130% | $16.5M | $1.0M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | +0.020% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321 | +0.093% | $15.6M | $3.8M | 100x | as long as short |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
dYdX PAXG-USD
Gate PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,314.9 | −0.048% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,322.9 | +0.136% | $7.9M | $851K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,322.9 | +0.136% | $905K | $767K | 75x | as long as short |
| Aster PAXGUSDT | +0.0015% | 4h | 4,320 | +0.069% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.702% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,318.8 | +0.043% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,318.1 | +0.025% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,319 | +0.046% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,320.2 | +0.075% | $1.0M | $317K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,319.3 | +0.052% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,321.2 | +0.097% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,318 | +0.024% | $9.4M | $16.6M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,319.9 | +0.068% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,319.2 | +0.052% | $1.3M | $814K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.5 | −0.012% | $12.2M | $221K | — | as long as short |
| Phemex PAXGUSDTlong | +0.0100% | 4h | 4,317 | long leg | $1.5M | $52K | 50x | |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,318.2 | +0.029% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,321.3 | +0.100% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.0792% | 1h | 4,329.3 | +0.285% | $29K | $23K | 10x |
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
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
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX