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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.017%
Price spread now: HTX against Aster+0.101%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.101%, 7d avg +0.142%
Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.041% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.142%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,352.20.0100pay 0.0050% / 4h3h 09m$908K$29K50x
ShortHTX PAXG-USDT4,356.60get 0.0000% / 4h3h 09m$905K$644K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: +0.101% → +0.142%
−$4.08
Slippage, 4 orders
−$21.23
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$66.31
Costs to cover
0.412%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; HTX: live order book, 64 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, 64 min ago0.01 bp4.1 bp −$412.9 bp −$129doesn't fitdoesn't fit
Sell HTX live order book, 64 min ago0.01 bp11.5 bp −$1213.2 bp −$13216.5 bp −$1,655doesn'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%1h4,350.8−0.033%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,353.7+0.034%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,348.1−0.094%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,355.7+0.079%$7.9M$873K50xas long as short
HTX PAXG-USDTshort0.0000%4h4,356.6+0.101%$905K$644K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.113%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0046%4h4,350−0.052%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,351.3−0.021%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,350.8−0.032%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,352.1−0.003%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,352.2long leg$908K$29K50x
Pacifica PAXG+0.0100%1h4,352.5+0.007%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,352.1−0.004%$80.3M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,353.8+0.036%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,351.7−0.013%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,354.3+0.047%$28.4M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,353+0.017%$9.7M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,352.7+0.010%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,352.3+0.001%$1.4M$833K50xas long as short
Variational Omni PAXG+0.0100%4h4,351.6−0.014%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,349.3−0.067%$263K$786K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,351.4−0.019%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,350−0.051%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,351.1−0.027%$379K$1.4M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,351.3−0.022%$42K$148K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352.7+0.010%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,353.2+0.022%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,356.6+0.101%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0984%1h4,362.1+0.227%$29K$23K10xas long as short