PAXG funding rates

PAXG perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
7.5%long Gate, short GRVT · net 1.3%
Highest funding now
10.9%Hyperliquid
Lowest funding now
4.4%GateCEX
Listed on
12 venues

Funding by venue

7d chartFlagsOpen
HyperliquidPAXG10.9%10.9%10.9%10.2%10.9%100%1h—4,201$22.9M$1.6MTradFiHyHyperliquid
GRVTPAXG_USDT_Perp10.9%10.9%10.9%9.7%10.9%100%4h08:004,201$1.5M$2.2MTradFiGrGRVT
RWA PerpPERP_PAXG_USDC_mythos10.9%10.6%10.5%10.3%10.5%100%4h08:004,199$722$0TradFiRwRWA Perp
BitgetCEXPAXGUSDT10.9%10.9%9.5%9.6%9.3%98%4h08:004,200$11.5M$4.3MTradFiBgBitget
VariationalPAXG10.9%10.9%10.9%10.9%10.9%100%4h—4,196$8.3M$380TradFiVaVariational
AsterPAXGUSDT10.8%8.6%9.9%9.9%10.1%98%4h08:004,202$877k$45kTradFiAsAster
LighterPAXG10.5%10.5%10.1%5.5%10.0%98%1h05:004,203$2.0M$323kTradFiLiLighter
ExtendedPAXG-USD7.9%4.7%8.0%8.4%8.6%90%1h05:004,195$536k$1.9MTradFiExExtended
MEXCCEXPAXG_USDT7.7%3.1%7.4%8.2%8.1%87%4h08:004,208$17.9M$551kTradFiMxMEXC
BinanceCEXPAXGUSDT7.6%4.8%5.7%8.2%—87%4h08:004,199$100.0M$50.2MTradFiBnBinance
BybitCEXPAXGUSDT6.8%9.9%10.5%10.7%10.6%99%4h08:004,200$19.1M$1.4MTradFiByBybit
GateCEXPAXG_USDT4.4%3.4%3.4%2.0%3.4%64%8h08:004,203$22.3M$2.0MTradFiGtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
GateCEXVariational6.6%7.5%7.5%8.9%3.6%5.3%7.3dsteady$8.3M8h/4hTradFispread not incl.GtVacalc
GateCEXLighter6.1%7.1%6.7%3.5%2.8%4.1%8.2dsteady$2.0M8h/1hTradFiGtLicalc
BinanceCEXVariational3.3%6.2%5.1%2.7%2.5%3.8%7.1dnew$8.3MTradFispread not incl.BnVacalc
MEXCCEXVariational3.3%7.8%3.5%2.7%2.4%3.6%4.2dweak$8.3MTradFispread not incl.MxVacalc
BinanceCEXLighter2.9%5.7%4.8%−3.5%2.2%3.3%7.6dnew$2.0M4h/1hTradFiBnLicalc
GateCEXGRVT6.6%7.4%7.5%7.7%1.3%1.9%12dsteady$1.5M8h/4hTradFiGtGrcalc
GateCEXHyperliquid6.6%7.5%7.5%8.3%1.2%1.9%12dsteady$22.3M8h/1hTradFiGtHycalc
LighterVariational0.4%0.4%0.8%5.4%0.8%1.2%<0.1dweak$2.0M1h/4hTradFispread not incl.LiVacalc
MEXCCEXLighter2.8%7.4%2.7%−2.7%1.6%2.4%5.5dmixed$2.0M4h/1hTradFiMxLicalc
ExtendedVariational3.1%6.3%2.8%2.5%1.5%2.3%6.4dmixed$536k1h/4hTradFispread not incl.ExVacalc
GateCEXAster6.4%5.2%6.4%7.9%0.4%0.7%13dsteady$877k8h/4hTradFiGtAscalc
ExtendedLighter2.6%5.8%2.0%−2.9%0.7%1.1%8.9dmixed$536kTradFiExLicalc
GateCEXBybitCEX2.4%6.5%7.1%8.7%0.3%0.4%13dsteady$19.1M8h/4hTradFiGtBycalc
BinanceCEXGRVT3.3%6.1%5.2%1.4%0.2%0.4%13dnew$1.5MTradFiBnGrcalc
BinanceCEXHyperliquid3.3%6.2%5.2%2.4%0.2%0.3%13dnew$22.9M4h/1hTradFiBnHycalc
MEXCCEXGRVT3.3%7.8%3.5%1.6%0.1%0.2%13dweak$1.5MTradFiMxGrcalc
MEXCCEXHyperliquid3.3%7.8%3.5%2.1%0.1%0.2%14dweak$17.9M4h/1hTradFiMxHycalc
GateCEXExtended3.5%1.2%4.6%6.4%−0.6%−0.9%16dsteady$536k8h/1hTradFiGtExcalc
MEXCCEXAster3.1%5.5%2.4%1.8%−0.7%−1.0%18dweak$877kTradFiMxAscalc
BinanceCEXBybitCEX−0.8%5.1%4.7%2.5%−0.8%−1.2%16dnew$19.1MTradFiBnBycalc
MEXCCEXBybitCEX−0.8%6.8%3.1%2.6%−0.8%−1.3%18dweak$17.9MTradFiMxBycalc
GateCEXBitgetCEX6.6%7.5%6.1%7.6%−0.9%−1.4%16dsteady$11.5M8h/4hTradFiGtBgcalc
GateCEXMEXCCEX3.3%−0.3%4.0%6.2%−0.9%−1.4%17dweak$17.9M8h/4hTradFiGtMxcalc
AsterVariational0.1%2.4%1.0%0.9%−1.0%−1.6%28dweak$877kTradFispread not incl.AsVacalc
BinanceCEXAster3.2%3.8%3.4%1.8%−1.3%−1.9%19dnew$877kTradFiBnAscalc
BinanceCEXBitgetCEX3.3%6.2%4.3%1.7%−1.5%−2.2%19dnew$11.5MTradFiBnBgcalc
LighterGRVT0.4%0.4%0.9%4.2%−1.5%−2.2%38dweak$1.5M1h/4hTradFiLiGrcalc
ExtendedGRVT3.1%6.2%2.9%1.3%−0.8%−1.1%18dmixed$536k1h/4hTradFiExGrcalc
LighterHyperliquid0.4%0.4%0.8%4.8%−1.5%−2.3%40dweak$2.0MTradFiLiHycalc
ExtendedHyperliquid3.1%6.3%2.9%1.8%−0.8%−1.2%18dmixed$536kTradFiExHycalc
MEXCCEXExtended0.2%1.6%0.6%0.3%−1.7%−2.6%53dweak$536k4h/1hTradFiMxExcalc
BitgetCEXVariational0.0%0.0%1.4%1.3%−1.8%−2.6%32dweak$8.3MTradFispread not incl.BgVacalc
MEXCCEXBitgetCEX3.3%7.8%2.1%1.4%−2.1%−3.1%28dweak$11.5MTradFiMxBgcalc
VariationalGRVT0.0%−0.1%0.0%−1.1%−2.3%−3.5%731dweak$1.5MTradFispread not incl.VaGrcalc
LighterAster0.3%−1.9%−0.2%4.4%−2.3%−3.5%—weak$877k1h/4hTradFiLiAscalc
VariationalHyperliquid0.0%0.0%0.0%−0.6%−2.3%−3.5%>999dweak$8.3M4h/1hTradFispread not incl.VaHycalc
BybitCEXVariational4.1%1.1%0.4%0.1%−2.5%−3.7%98dweak$8.3MTradFispread not incl.ByVacalc
LighterBybitCEX−3.7%−0.6%0.4%5.2%−2.5%−3.7%100dweak$2.0M1h/4hTradFiLiBycalc
ExtendedAster2.9%3.9%1.8%1.5%−1.6%−2.4%26dmixed$536k1h/4hTradFiExAscalc
MEXCCEXBinanceCEX0.0%1.7%0.4%0.1%−3.2%−4.8%114dnew$17.9MTradFiMxBncalc
AsterGRVT0.1%2.3%1.1%−0.2%−3.3%−5.0%57dweak$877kTradFiAsGrcalc
AsterHyperliquid0.1%2.4%1.1%0.3%−3.4%−5.1%59dweak$877k4h/1hTradFiAsHycalc
ExtendedBybitCEX−1.1%5.2%2.4%2.3%−1.7%−2.6%24dmixed$536k1h/4hTradFiExBycalc
LighterBitgetCEX0.4%0.4%−0.6%4.1%−3.7%−5.5%—weak$2.0M1h/4hTradFiLiBgcalc
AsterLighter−0.3%1.9%0.2%−4.4%−1.9%−2.8%128dmixed$877k4h/1hTradFiAsLicalc
BitgetCEXGRVT0.0%−0.1%1.4%0.2%−4.1%−6.1%54dweak$1.5MTradFiBgGrcalc
BitgetCEXHyperliquid0.0%0.0%1.4%0.7%−4.1%−6.1%55dweak$11.5M4h/1hTradFiBgHycalc
AsterBybitCEX−4.0%1.3%0.6%0.8%−4.3%−6.5%110dweak$877kTradFiAsBycalc
HyperliquidGRVT0.0%−0.1%0.0%−0.5%−4.7%−7.0%>999dweak$1.5M1h/4hTradFiHyGrcalc
BybitCEXGRVT4.1%1.0%0.5%−1.0%−4.8%−7.1%161dweak$1.5MTradFiByGrcalc
BybitCEXHyperliquid4.1%1.1%0.4%−0.5%−4.8%−7.2%172dweak$19.1M4h/1hTradFiByHycalc
BitgetCEXAster−0.1%−2.4%0.3%0.4%−4.9%−7.3%222dweak$877kTradFiBgAscalc
GateCEXBinanceCEX3.3%1.3%1.5%6.1%−5.0%−7.5%59dnew$22.3M8h/4hTradFiGtBncalc
BitgetCEXBybitCEX−4.1%−1.1%1.0%1.2%−5.0%−7.6%87dweak$11.5MTradFiBgBycalc
BitgetCEXLighter−0.4%−0.4%0.6%−4.1%−2.6%−3.9%79dmixed$2.0M4h/1hTradFiBgLicalc
AsterBitgetCEX0.1%2.4%−0.3%−0.4%−5.5%−8.3%—weak$877kTradFiAsBgcalc
BybitCEXAster4.0%−1.3%−0.6%−0.8%−5.6%−8.4%—weak$877kTradFiByAscalc
ExtendedBitgetCEX3.1%6.3%1.5%1.1%−3.0%−4.4%42dmixed$536k1h/4hTradFiExBgcalc
BybitCEXLighter3.7%0.6%−0.4%−5.2%−3.3%−4.9%—mixed$2.0M4h/1hTradFiByLicalc
BinanceCEXExtended0.2%−0.1%0.5%0.2%−3.4%−5.2%118dmixed$536k4h/1hTradFiBnExcalc
BybitCEXBitgetCEX4.1%1.1%−1.0%−1.2%−7.0%−10.4%—weak$11.5MTradFiByBgcalc
BinanceCEXMEXCCEX0.0%−1.7%−0.4%−0.1%−4.1%−6.1%—mixed$17.9MTradFiBnMxcalc
BybitCEXExtended1.1%−5.2%−2.4%−2.3%−6.6%−9.9%—mixed$536k4h/1hTradFiByExcalc
BybitCEXMEXCCEX0.8%−6.8%−3.1%−2.6%−7.0%−10.5%—mixed$17.9MTradFiByMxcalc
BybitCEXBinanceCEX0.8%−5.1%−4.7%−2.5%−10.1%−15.2%—mixed$19.1MTradFiByBncalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:01 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

No venue quotes PAXG right now.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.