Funding you earn now, next payment 20:00 UTC−0.0089%/8hpaid last 24h −0.039%
Price spread now: MEXC against Reya+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. MEXC is 0.022% dearer against Reya than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PAXGRUSDPERP | 4,349.5 | 0.0189 | pay 0.0024% / 1h | 22m 36s | $21K | — | 100x |
| Short | MEXC PAXG_USDT | 4,350.5 | 0.0100 | get 0.0050% / 4h | 22m 36s | $15.9M | $1.3M | 100x |
Reya PAXGRUSDPERP
MEXC PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Reya. 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
- −$18.79
- Price spread: +0.022% → 0.000%
- $2.19
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$26.59
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 10 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 10 min ago | 1.73 bp | 4.3 bp −$4 | 12.7 bp −$127 | 45.9 bp −$4,593 | 120.9 bp −$60.5K |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0040% | 1h | 4,350.5 | +0.022% | $41K | $154K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0009% | 1h | 4,351.2 | +0.038% | $1.4M | $1.3M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,347.2 | −0.054% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,351.6 | +0.048% | $15.8M | $4.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,345.1 | −0.102% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,354.2 | +0.107% | $7.9M | $833K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,351.6 | +0.049% | $910K | $664K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,340 | −0.219% | $1K | $103K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0056% | 4h | 4,349.3 | −0.005% | $1.5M | $2.1M | 10x | as long as short |
| Lighter PAXG | +0.0072% | 1h | 4,348.2 | −0.031% | $1.4M | $522K | 25x | as long as short |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,349.1 | −0.009% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,349.1 | −0.010% | $20.4M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,349.4 | −0.002% | $906K | $72K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,350.3 | +0.018% | $1.0M | $363K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,349.2 | −0.007% | $80.1M | $68.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,349.6 | +0.002% | $14.9M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDTshort | +0.0100% | 4h | 4,350.5 | +0.022% | $15.9M | $1.3M | 100x | |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,351.1 | +0.037% | $26.9M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,348.9 | −0.014% | $9.2M | $13.6M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,349.7 | +0.004% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,350.5 | +0.022% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,348.7 | −0.018% | $12.5M | $88K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,348.7 | −0.020% | $263K | $790K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,349 | −0.012% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,345 | −0.104% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,348.8 | −0.016% | $376K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERPlong | +0.0189% | 1h | 4,349.5 | long leg | $21K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0328% | 1h | 4,353.8 | +0.098% | $1.0M | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1176% | 1h | 4,367.1 | +0.404% | $29K | $22K | 10x | as long as short |
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD