PAXG Funding Rate — live across 18 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized PAXG perpetual funding across all 18 venues Perpia tracks. Right now PAXG funding is positive on 17 and negative on 1, ranging from +21.9% on 01 to -2.2% on BackPack — a spread of 24.1%. The widest delta-neutral trade is long BackPack / short 01 at 21.5% net APR.
PAXG funding rate by venue
81 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| 01 | +21.9% | 1h |
| dYdX | +19.5% | 1h |
| Variational | +10.9% | 4h |
| Vest | +10.9% | 1h |
| Aster | +10.9% | 4h |
| Hyperliquid | +10.9% | 1h |
| Pacifica | +10.9% | 1h |
| EdgeX | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| BingX | +10.9% | 4h |
| Paradex | +10.9% | 8h |
| Lighter | +10.5% | 8h |
| Gate.io | +4.8% | 8h |
| MEXC | +3.6% | 8h |
| Binance | +3.6% | 8h |
| BackPack | -2.2% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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PAXG funding — FAQ
Is PAXG funding positive right now?
PAXG perpetual funding is positive on 17 of 18 venues Perpia tracks and negative on 1. The highest is +21.9% on 01; the lowest is -2.2% on BackPack.
What is the best PAXG funding arbitrage right now?
Go long BackPack and short 01 for about 21.5% net APR after fees — the widest delta-neutral PAXG spread Perpia currently sees.
Which exchange has the highest PAXG funding rate?
01, at +21.9% annualized. Funding shifts continuously, so check the live table above before trading.
How PAXG funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.