Settings8H · net · $10k
Funding arb · Price arb /

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Aster against ApeX Omni+0.011%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.011%, 7d avg +0.032%
Together, before fees+0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.021% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,346.40.0100pay 0.0013% / 1h37m 31s$263K$796K50x
ShortAster PAXGUSDT4,346.90.0100get 0.0050% / 4h1h 37m$907K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.011% → +0.032%
−$2.06
Slippage, 4 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$27.06
Costs to cover
0.250%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 46 min ago; Aster: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 46 min ago2.54 bp7.9 bp −$887.3 bp −$873doesn't fitdoesn't fit
Sell Aster live order book, 45 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn't fitdoesn't fit

PAXG on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PAXG-USD0.0000%1h4,347.3+0.020%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.2+0.064%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.8−0.107%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,351+0.105%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,349+0.060%$909K$653K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.216%$1K$121K30xas long as short
Hibachi PAXG/USDT-P+0.0048%1h4,348+0.036%$47K$141K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,348.8+0.054%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,345.8−0.013%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,346.6+0.004%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,346.9+0.012%$20.3M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,346.9+0.011%$907K$28K50x
Pacifica PAXG+0.0100%1h4,348.1+0.040%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,346.9+0.012%$80.1M$67.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,348.1+0.039%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345−0.032%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,349.3+0.066%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.2+0.017%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.6+0.028%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,348.2+0.041%$1.4M$953K50xas long as short
Variational Omni PAXG+0.0100%4h4,345.5−0.022%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,347.8+0.033%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTlong+0.0100%1h4,346.4long leg$263K$796K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347+0.014%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.124%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.1−0.008%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,346.7+0.006%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.1+0.062%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1424%1h4,364.3+0.412%$29K$21K10xas long as short