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: MEXC against Aster−0.012%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$180.183% 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)+0.095%+$9 · spread now −0.012%, 7d avg +0.116%
Together, before fees+0.068%+ 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: MEXC is 0.128% cheaper against Aster than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,352.10.0100pay 0.0050% / 4h3h 11m$908K$29K50x
ShortMEXC PAXG_USDT4,351.60.0100get 0.0050% / 4h3h 11m$16.2M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.012% → +0.116%
−$12.75
Slippage, 4 orders
−$6.26
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$31.01
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; MEXC: 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, 61 min ago0.01 bp4.1 bp −$412.9 bp −$129doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.22 bp5.1 bp −$510.5 bp −$10543.7 bp −$4,367131.9 bp −$66.0K

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%1h4,350.8−0.029%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,353.4+0.031%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,347−0.117%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,354.9+0.065%$7.9M$875K50xas long as short
HTX PAXG-USDT0.0000%4h4,355.5+0.079%$905K$647K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.109%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0046%4h4,350.9−0.027%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,350.6−0.034%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,349.5−0.059%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,351.6−0.011%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,352.1long leg$908K$29K50x
Pacifica PAXG+0.0100%1h4,351.1−0.022%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,351.7−0.008%$80.3M$71.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,353.1+0.024%$15.1M$3.6M75xas long as short
MEXC PAXG_USDTshort+0.0100%4h4,351.6−0.012%$16.2M$1.2M100x
KuCoin PAXGUSDTM+0.0100%4h4,353.2+0.027%$28.4M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,352.4+0.008%$9.7M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,352.6+0.011%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,352.7+0.015%$1.4M$845K50xas long as short
Variational Omni PAXG+0.0100%4h4,348.3−0.087%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,349.8−0.051%$263K$786K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,350.8−0.029%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,352−0.001%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,351−0.024%$382K$1.4M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,351−0.024%$43K$148K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352−0.002%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,352.7+0.015%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,356.6+0.105%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0984%1h4,360.7+0.198%$29K$23K10xas long as short