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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Aster+0.044%7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.205%+$21 · spread now +0.044%, 7d avg +0.001%
Together, before fees+0.211%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.043% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,341.60.0077pay 0.0039% / 4h2h 41m$906K$26K50x
ShortVariational Omni PAXG4,343.50.0100get 0.0050% / 4h2h 41m$12.3M$222K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$4.73
Price spread: +0.044% → +0.001%
$4.31
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.04
Costs to cover
0.080%
Break-even
5.5 days
Slippage unknown: Aster: live order book, 7 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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, 7 min ago0.05 bp4.3 bp −$47.5 bp −$75doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.83 bpdoesn't fit8.2 bp −$82doesn'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−0.0176%1h4,343.4+0.041%$46K$158K20xas long as short
Kraken Futures PF_PAXGUSD−0.0101%1h4,343+0.033%$1.3M$1.5M20xas long as short
Lighter PAXG−0.0072%1h4,340.4−0.027%$1.4M$366K25xas long as short
dYdX PAXG-USD0.0000%1h4,341.9+0.006%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,345+0.079%$15.7M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,338.8−0.063%$2K$3.5M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,345.9+0.100%$7.9M$843K50xas long as short
HTX PAXG-USDT0.0000%4h4,347+0.124%$906K$691K75xas long as short
ApeX Omni PAXGUSDT+0.0003%1h4,342.6+0.024%$263K$782K50xas long as short
GRVT PAXG_USDT_Perp+0.0030%4h4,344.4+0.066%$1.5M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.132%$1K$151K30xas long as short
MEXC PAXG_USDT+0.0044%4h4,343.9+0.053%$16.2M$1.0M100xas long as short
Binance PAXGUSDT+0.0044%4h4,341.1−0.010%$80.2M$70.4M75xas long as short
Extended PAXG-USD+0.0048%1h4,340.7−0.021%$379K$1.4M25xas long as short
Aster PAXGUSDTlong+0.0077%4h4,341.6long leg$906K$26K50x
Hyperliquid PAXG+0.0083%1h4,342.4+0.019%$20.8M$2.3M10xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,342.6+0.022%$81K$3.4M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,342.9+0.030%$55710xas long as short
Pacifica PAXG+0.0100%1h4,344.4+0.065%$1.0M$353K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,343.4+0.042%$14.9M$3.9M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,345.3+0.086%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,341.60.000%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,344+0.056%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,343+0.033%$1.3M$795K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,343.5+0.044%$12.3M$222K
Phemex PAXGUSDT+0.0100%4h4,339−0.059%$1.5M$39K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,342.1+0.012%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h4,347.5+0.137%$956K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0768%1h4,354.2+0.291%$29K$24K10xas long as short