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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.2068%/8h= +226.4% APRnext payment +$2.58 per $10,000 · paid last 24h +0.255%
Price spread now: 01 Exchange against ApeX Omni+1.440%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and 01 Exchange is 1.440% dearer against ApeX Omni than usual: you sell high and buy low: +$144 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,320.50.0100pay 0.0013% / 1h9m 07s$261K$798K50x
Short01 Exchange PAXGUSD4,382.70.2168get 0.0271% / 1h9m 07s$29K$24K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$434.28
Price spread: +1.440% → 0.000%
$143.99
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$561.27
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 33 min ago; 01 Exchange: 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, 33 min ago2.53 bp7.7 bp −$880.1 bp −$801doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 exchanges

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−0.0120%1h4,321.5+0.023%$43K$187K20xas long as short
dYdX PAXG-USD−0.0001%1h4,321+0.011%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,323.6+0.072%$15.6M$3.9M100xas long as short
SunX PAXG-USDT0.0000%4h4,318.6−0.044%$1K$2.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,325+0.105%$7.9M$148K50xas long as short
HTX PAXG-USDT0.0000%4h4,324.7+0.097%$910K$839K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.621%$1K$151K30xas long as short
Lighter PAXG+0.0064%1h4,320.7+0.004%$1.4M$565K25xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,320.4−0.003%$80K$4.1M50xas long as short
GRVT PAXG_USDT_Perp+0.0098%4h4,321.8+0.031%$1.5M$2.0M10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,321.2+0.016%$21.3M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,321.5+0.024%$903K$68K50xas long as short
Pacifica PAXG+0.0100%1h4,322.2+0.040%$1.0M$330K10xas long as short
Binance PAXGUSDT+0.0100%4h4,321.5+0.022%$80.5M$79.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,321.5+0.023%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,327.2+0.156%$16.6M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,323.9+0.080%$28.8M$6.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,321.1+0.014%$9.3M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,322.4+0.044%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,322+0.036%$1.2M$846K50xas long as short
Variational Omni PAXG+0.0100%4h4,320.4−0.003%$12.2M$278Kas long as short
ApeX Omni PAXGUSDTlong+0.0100%1h4,320.5long leg$261K$798K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,320.3−0.004%$55410xas long as short
Phemex PAXGUSDT+0.0100%4h4,318−0.058%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,319.9−0.014%$374K$2.1M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,320−0.011%$20K100xas long as short
Kraken Futures PF_PAXGUSD+0.0263%1h4,322+0.034%$1.2M$2.1M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0280%1h4,321.6+0.025%$931K$1.0M50xas long as short
01 Exchange PAXGUSDshort+0.2168%1h4,382.7+1.440%$29K$24K10x