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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Pacifica against Aster+0.038%7-day average +0.010% · 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−$17as in the Price arb table
costs, in and out, $10k−$200.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.038%, 7d avg +0.010%
Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$4 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: Pacifica is 0.027% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,346.70.0100pay 0.0050% / 4h1h 17m$907K$30K50x
ShortPacifica PAXG4,348.30.0100get 0.0013% / 1h17m 34s$1.0M$340K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.038% → +0.010%
$2.74
Slippage, 4 orders
−$3.73
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$16.99
Costs to cover
0.197%
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; Pacifica: 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, 45 min ago0.01 bp5.8 bp −$614.1 bp −$141doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.34 bp4.9 bp −$5doesn'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
Hibachi PAXG/USDT-P−0.0016%1h4,348.9+0.050%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,349.5+0.064%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.4+0.063%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,343.6−0.071%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.6+0.067%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,352.7+0.138%$906K$656K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.015%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,351.4+0.109%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,344.7−0.045%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,345.2−0.034%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,347.1+0.010%$20.8M$2.4M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,346.7long leg$907K$30K50x
Pacifica PAXGshort+0.0100%1h4,348.3+0.038%$1.0M$340K10x
Binance PAXGUSDT+0.0100%4h4,346−0.015%$80.2M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,347+0.008%$15.0M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,348.6+0.045%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,348.4+0.041%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,345.7−0.023%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,348+0.030%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,347.3+0.015%$1.3M$801K50xas long as short
Variational Omni PAXG+0.0100%4h4,349.7+0.071%$12.5M$99Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,348.2+0.035%$263K$791K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,346.6−0.002%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,347+0.008%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,344.6−0.047%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,347.4+0.016%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,345.8−0.020%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.145%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,356.6+0.228%$29K$23K10xas long as short