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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Pacifica against ApeX Omni+0.096%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.096%, 7d avg +0.041%
Together, before fees−0.050%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.055% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,342.90.0100pay 0.0013% / 1h15m 00s$263K$790K50x
ShortPacifica PAXG4,347.10.0100get 0.0013% / 1h15m 00s$1.0M$340K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.096% → +0.041%
$5.47
Slippage, 4 orders
−$7.95
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20.48
Costs to cover
0.259%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 49 min ago; Pacifica: live order book, 4 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, 49 min ago2.78 bp8.0 bp −$870.4 bp −$704doesn't fitdoesn't fit
Sell Pacifica live order book, 4 min ago0.34 bp4.9 bp −$5doesn't fitdoesn'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
Hibachi PAXG/USDT-P−0.0032%1h4,344.6+0.039%$41K$154K20xas long as short
dYdX PAXG-USD0.0000%1h4,344.9+0.044%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,345.3+0.054%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.1−0.044%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,347.7+0.110%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,351.6+0.200%$905K$658K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.100%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,345.6+0.062%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,343.5+0.012%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,344.4+0.034%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,345.1+0.050%$20.8M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,343.7+0.018%$906K$30K50xas long as short
Pacifica PAXGshort+0.0100%1h4,347.1+0.096%$1.0M$340K10x
Binance PAXGUSDT+0.0100%4h4,343.1+0.003%$80.1M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,344.6+0.037%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,346.4+0.080%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,347+0.093%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,343.9+0.021%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,344.2+0.030%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,344.5+0.036%$1.3M$800K50xas long as short
Variational Omni PAXG+0.0100%4h4,344.8+0.043%$12.5M$99Kas long as short
ApeX Omni PAXGUSDTlong+0.0100%1h4,342.9long leg$263K$790K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,345.1+0.050%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,342−0.022%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,341.9−0.025%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,345+0.048%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,344.6+0.038%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.231%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,355.3+0.285%$29K$23K10xas long as short