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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Aster+0.021%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as 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+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.021%, 7d avg +0.007%
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 PAXGUSDT4,3370.0100pay 0.0050% / 4h2h 37m$906K$76K50x
ShortBingX PAXG-USDT4,337.90.0100get 0.0050% / 4h2h 37m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.021% → +0.007%
$1.37
Slippage, 4 orders
−$1.92
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$18.55
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Aster: live order book, 50 min ago; BingX: live order book, 5 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, 50 min ago0.66 bp4.7 bp −$519.8 bp −$198doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago0.07 bp5.2 bp −$58.9 bp −$8915.4 bp −$1,54462.9 bp −$31.5K

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
Injective PAXG/USDC PERP−0.0101%1h4,337+0.001%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0032%1h4,337.3+0.009%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,339.9+0.068%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,339.4+0.056%$15.7M$4.2M100xas long as short
SunX PAXG-USDT0.0000%4h4,334−0.067%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,341+0.092%$7.9M$837K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.3+0.124%$907K$659K75xas long as short
Lighter PAXG+0.0096%1h4,335.8−0.026%$1.4M$520K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,336.5−0.009%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,336.7−0.006%$20.3M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,337long leg$906K$76K50x
Pacifica PAXG+0.0100%1h4,337.9+0.022%$1.0M$352K10xas long as short
Binance PAXGUSDT+0.0100%4h4,336.6−0.008%$79.9M$70.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,336.5−0.009%$14.8M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,338.5+0.037%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.5+0.058%$26.7M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,337.7+0.017%$9.2M$14.2M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,337.9+0.021%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,338.3+0.032%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,336.6−0.009%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,337.1+0.002%$1.5M$2.1M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,336.5−0.012%$262K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.2+0.006%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,334−0.068%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,336.1−0.021%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,336.7−0.005%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,337.8+0.019%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,343+0.139%$998K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1432%1h4,354.8+0.412%$29K$21K10xas long as short