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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster−0.037%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.037%, 7d avg −0.024%
Together, before fees+0.007%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,3430.0100pay 0.0050% / 4h29m 12s$906K$30K50x
ShortBinance PAXGUSDT4,341.40.0100get 0.0050% / 4h29m 12s$80.2M$70.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.037% → −0.024%
−$1.26
Slippage, 4 orders
−$1.94
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$21.21
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Aster: live order book, 29 min ago; Binance: live order book, 13 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 Aster live order book, 29 min ago0.01 bp5.0 bp −$516.0 bp −$160doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.01 bp5.0 bp −$55.3 bp −$538.7 bp −$870doesn'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−0.0128%1h4,341.9−0.025%$43K$154K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.9−0.025%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,343.9+0.021%$15.6M$3.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,338.7−0.099%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,345.2+0.050%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,343.3+0.008%$905K$675K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.099%$1K$151K30xas long as short
Lighter PAXG+0.0064%1h4,340.5−0.058%$1.4M$347K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,342−0.022%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,342.5−0.011%$20.8M$2.4M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,343long leg$906K$30K50x
Pacifica PAXG+0.0100%1h4,343.2+0.006%$1.0M$339K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,341.4−0.037%$80.2M$70.4M75x
Bybit PAXGUSDT+0.0100%4h4,342.4−0.014%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.7−0.007%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,345.8+0.064%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,342.5−0.011%$9.7M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,342.5−0.012%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,342.6−0.008%$1.3M$804K50xas long as short
Variational Omni PAXG+0.0100%4h4,340.7−0.053%$12.4M$97Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,342.2−0.017%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,338.9−0.095%$262K$788K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,340.8−0.050%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.046%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,340.3−0.062%$379K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,341.8−0.028%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,342.2−0.018%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,346.2+0.074%$968K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0864%1h4,352.3+0.214%$29K$23K10xas long as short