Funding you earn now, next payment 08:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.027%
Price spread now: Paradex against Reya+0.002%47s7-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—+ Points / potential airdropReya: Active · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 47 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 | Reya PAXGRUSDPERP | 4,319.8 | 0.0189 | pay 0.0024% / 1h | 47m 32s | $20K | — | 100x |
| Short | Paradex PAXG-USD-PERP | 4,319.9 | 0.0098 | get 0.0098% / 8h | 47m 32s | $87K | $3.4M | 50x |
Reya PAXGRUSDPERP
Paradex PAXG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$19.18
- Price spread: +0.002% → 0.000%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$29.01
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Paradex: live order book, 2 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 Paradex live order book, 2 min ago | 2.29 bp | 4.3 bp −$4 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0168% | 1h | 4,318.2 | −0.037% | $1.4M | $480K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0104% | 4h | 4,317.3 | −0.059% | $1.5M | $2.0M | 10x | as long as short |
| Hibachi PAXG/USDT-P | −0.0072% | 1h | 4,319.1 | −0.017% | $42K | $165K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,321.1 | +0.030% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.045% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,319.1 | −0.017% | $376K | $1.4M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,321.9 | +0.048% | $15.6M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,317.6 | −0.052% | $2K | $3.3M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,324.5 | +0.109% | $7.9M | $682K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,323.1 | +0.075% | $903K | $783K | 75x | as long as short |
Lighter PAXG
GRVT PAXG_USDT_Perp
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0002% | 4h | 4,325.8 | +0.139% | $16.7M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0004% | 4h | 4,320.7 | +0.021% | $79.7M | $74.3M | 75x | as long as short |
| Aster PAXGUSDT | +0.0018% | 4h | 4,320.3 | +0.012% | $901K | $27K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0024% | 1h | 4,318.6 | −0.029% | $261K | $775K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.636% | $1K | $151K | 30x | as long as short |
| Bitget PAXGUSDT | +0.0082% | 4h | 4,319.9 | +0.003% | $9.4M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0098% | 8h | 4,319.9 | +0.002% | $87K | $3.4M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,319.7 | −0.003% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,320 | +0.004% | $20.8M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,321.5 | +0.040% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,320.6 | +0.019% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,322.2 | +0.055% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,321.2 | +0.033% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,320.7 | +0.020% | $1.3M | $823K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,316.2 | −0.083% | $12.3M | $223K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,320 | +0.004% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERPlong | +0.0189% | 1h | 4,319.8 | long leg | $20K | — | 100x | |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,322.2 | +0.055% | $949K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0872% | 1h | 4,330.8 | +0.254% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
ApeX Omni PAXGUSDT
Injective PAXG/USDC PERP
Bitget PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD