PAXG funding rate

Compared across 16 venues · net of estimated fees

PAXG Funding Rate — live across 16 venues

Perpetual funding · compared across 16 venues · net of estimated fees · updated every few minutes

Live annualized PAXG perpetual funding across all 16 venues Perpia tracks. Right now PAXG funding is positive on 14 and negative on 1, ranging from +10.9% on Aster to -12.3% on Lighter — a spread of 23.2%. The widest delta-neutral trade is long Lighter / short Aster at 22.0% net APR.

16venues
14paying positive
23.2%funding spread
Best PAXG spread now
22.0%
net APR after fees
LongLighter↗→ShortAster↗
size depends on live venue depth — see the real cap in the scanner

PAXG funding trend & liquidity

168h of history
23.2%current gross APR
22.5%24h average
9.1%7-day average
$928Kpair OI · lower leg
$348K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

PAXG · Lighter → Aster — no history

Loading PAXG rate history…

Build a route

any two of the 16 venues
Gross spread+23.2%+$6.36 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 16 venues
VenueFunding APR ↓IntervalUse as
Aster↗short+10.9%every 4h
Vest↗+10.9%every 1h
BackPack↗+10.9%every 1h
BingX↗+10.9%every 4h
HTX↗+10.9%every 4h
Hyperliquid↗+10.9%every 1h
Bybit↗+10.9%every 4h
KuCoin↗+10.9%every 4h
Extended↗+7.9%every 1h
Binance↗+7.8%every 4h
MEXC↗+7.7%every 4h
dYdX↗+7.3%every 1h
Bitget↗+5.7%every 4h
Pacifica↗+1.6%every 1h
Gate.io↗+0.0%every 8h
below — these venues pay the longs: this is the leg you buy
Lighter↗long−12.3%every 8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Lighter vs Aster page. 66 pairs scanned for PAXG.

Loading PAXG backtest…

PAXG — FAQ

Is PAXG funding positive right now?

PAXG perpetual funding is positive on 14 of 16 venues Perpia tracks and negative on 1. The highest is +10.9% on Aster; the lowest is -12.3% on Lighter.

What is the best PAXG funding arbitrage right now?

Go long Lighter and short Aster for about 22.0% net APR after fees — the widest delta-neutral PAXG spread Perpia currently sees.

Which exchange has the highest PAXG funding rate?

Aster, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How PAXG funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to PAXG

also quoted on both Aster and Lighter

The same two exchanges you would already have funded for the PAXG trade. Every spread between them is on the Aster vs Lighter page.