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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0133%/8h= +14.5% APRpaid last 24h +0.001%
Price spread now: Orderly against ApeX Omni−0.010%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,339.6−0.0033get 0.0004% / 1h54m 55s$262K$785K50x
ShortOrderly PERP_PAXG_USDC_mythos4,339.20.0100get 0.0050% / 4h2h 54m$55710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$27.88
Price spread: −0.010% → 0.000%
−$1.01
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$10.87
Costs to cover
0.160%
Break-even
4.3 days
Slippage unknown: ApeX Omni: live order book, 59 min ago; Orderly: no order-book sample. Net counts fees only.

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, 59 min ago2.53 bp7.8 bp −$878.0 bp −$780doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi PAXG/USDT-P−0.0208%1h4,341.7+0.047%$46K$158K20xas long as short
Lighter PAXG−0.0112%1h4,338.9−0.016%$1.4M$365K25xas long as short
Kraken Futures PF_PAXGUSD−0.0101%1h4,341.3+0.038%$1.3M$1.5M20xas long as short
ApeX Omni PAXGUSDTlong−0.0033%1h4,339.6long leg$262K$785K50x
dYdX PAXG-USD0.0000%1h4,341.9+0.051%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,342.4+0.064%$15.6M$3.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,337.9−0.039%$2K$3.5M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,344.3+0.108%$7.9M$843K50xas long as short
HTX PAXG-USDT0.0000%4h4,342+0.055%$905K$691K75xas long as short
GRVT PAXG_USDT_Perp+0.0004%4h4,340.2+0.012%$1.5M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PAXG-USD+0.0032%1h4,339.1−0.013%$379K$1.4M25xas long as short
MEXC PAXG_USDT+0.0032%4h4,342.2+0.058%$16.2M$1.0M100xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.177%$1K$151K30xas long as short
Binance PAXGUSDT+0.0034%4h4,340.2+0.012%$80.1M$70.4M75xas long as short
Aster PAXGUSDT+0.0073%4h4,339.8+0.004%$905K$26K50xas long as short
Hyperliquid PAXG+0.0085%1h4,340.4+0.018%$20.8M$2.3M10xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,341.4+0.040%$81K$3.4M50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,339.2−0.010%$55710x
Pacifica PAXG+0.0100%1h4,342.8+0.072%$1.0M$343K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,341.5+0.043%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,343.3+0.085%$28.6M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,340.3+0.015%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,341.2+0.037%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,340.6+0.023%$1.3M$798K50xas long as short
Variational Omni PAXG+0.0100%4h4,340.8+0.027%$12.3M$222Kas long as short
Phemex PAXGUSDT+0.0100%4h4,337−0.061%$1.5M$39K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,339.7+0.002%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h4,342.3+0.062%$955K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0768%1h4,351.8+0.280%$29K$24K10xas long as short