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 −0.003%
Price spread now: Bitget against Aster+0.028%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.028%, 7d avg −0.011%
Together, before fees−0.073%+ Points / potential airdropAster: Stage 5 · farm board−$7 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: Bitget is 0.039% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,342.90.0100pay 0.0050% / 4h1h 51m$907K$28K50x
ShortBitget PAXGUSDT4,344.10.0100get 0.0050% / 4h1h 51m$9.2M$13.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.028% → −0.011%
$3.92
Slippage, 4 orders
−$7.58
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.66
Costs to cover
0.276%
Break-even
never at this rate
Slippage from Aster: live order book, 31 min ago; Bitget: live order book, 2 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, 31 min ago0.61 bp4.6 bp −$517.1 bp −$171doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.01 bp8.6 bp −$912.2 bp −$122doesn'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
dYdX PAXG-USD0.0000%1h4,343.7+0.019%$101K$13K5xas long as short
Gate PAXG_USDT0.0000%8h4,345.4+0.057%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,337.5−0.125%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,346.1+0.073%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,346.2+0.076%$909K$656K75xas long as short
Hibachi PAXG/USDT-P+0.0008%1h4,343+0.002%$47K$146K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.136%$1K$121K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,343.9+0.022%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,342.8−0.002%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,342−0.022%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,343.5+0.013%$20.3M$1.8M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,342.9long leg$907K$28K50x
Pacifica PAXG+0.0100%1h4,343.4+0.011%$1.0M$373K10xas long as short
Binance PAXGUSDT+0.0100%4h4,343.5+0.013%$80.0M$68.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,344+0.025%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.8−0.002%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,345+0.048%$26.8M$5.3M30xas long as short
Bitget PAXGUSDTshort+0.0100%4h4,344.1+0.028%$9.2M$13.3M50x
BingX PAXG-USDT+0.0100%4h4,343.9+0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,344.2+0.030%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,343.3+0.008%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,344.2+0.029%$1.5M$2.1M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,342.7−0.006%$263K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,343+0.002%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,339−0.090%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,342.5−0.010%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,342.3−0.014%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,347.6+0.108%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1464%1h4,359.8+0.389%$29K$21K10xas long as short