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 −0.016%
Price spread now: GRVT against Aster+0.048%100s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now +0.048%, 7d avg +0.007%
Together, before fees+0.210%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$21 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: GRVT is 0.041% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,357.70.0100pay 0.0050% / 4h57m 46s$909K$30K50x
ShortGRVT PAXG_USDT_Perp4,359.80.0100get 0.0050% / 4h57m 46s$1.5M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.048% → +0.007%
$4.13
Slippage, 4 orders
−$6.21
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$19.08
Costs to cover
0.232%
Break-even
never at this rate
Slippage from Aster: live order book, 20 min ago; GRVT: live order book, 1 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, 20 min ago0.01 bp5.1 bp −$516.7 bp −$167doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago0.01 bp8.3 bp −$8doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.238%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.015%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,359.5+0.042%$15.8M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,351.4−0.144%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,360.5+0.064%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,359.8+0.050%$911K$634K75xas long as short
Lighter PAXG+0.0096%1h4,356.4−0.028%$1.4M$269K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,357.4−0.007%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,357.2−0.011%$20.4M$1.8M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,357.7long leg$909K$30K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,358.8+0.026%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,357.1−0.013%$80.2M$67.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,358.3+0.015%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,355.8−0.042%$15.9M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.2+0.036%$27.0M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,358+0.009%$9.2M$13.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,357.5−0.004%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,358.1+0.009%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,359+0.030%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perpshort+0.0100%4h4,359.8+0.048%$1.5M$1.9M10x
ApeX Omni PAXGUSDT+0.0100%1h4,357.6−0.001%$264K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,357.5−0.004%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,354−0.084%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,355.7−0.045%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,357.9+0.005%$48K$139K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.5−0.004%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,358.5+0.019%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,362.5+0.112%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1104%1h4,369.3+0.267%$29K$22K10xas long as short