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+0.0788%/8h= +86.3% APRpaid last 24h +0.233%
Price spread now: 01 Exchange against Aster+0.232%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and 01 Exchange is 0.232% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,340.90.0100pay 0.0050% / 4h0m 15s$906K$26K50x
Short01 Exchange PAXGUSD4,3510.0888get 0.0111% / 1h0m 15s$29K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$165.48
Price spread: +0.232% → 0.000%
$23.24
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$173.72
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Aster: live order book, 58 min ago; 01 Exchange: no order-book sample. 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, 58 min ago0.01 bp5.0 bp −$516.0 bp −$160doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0128%1h4,339.8−0.026%$42K$155K20xas long as short
Lighter PAXG−0.0048%1h4,337.7−0.075%$1.4M$359K25xas long as short
dYdX PAXG-USD0.0000%1h4,342+0.025%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,341+0.002%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,333.8−0.163%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,342.4+0.033%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,345+0.094%$904K$685K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.147%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0038%4h4,339.1−0.042%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0043%1h4,337−0.089%$262K$787K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PAXG-USD+0.0096%1h4,337.4−0.081%$378K$1.4M25xas long as short
Binance PAXGUSDT+0.0098%4h4,338.6−0.052%$80.1M$70.9M75xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,339.3−0.038%$81K$3.7M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,339.2−0.039%$55710xas long as short
Hyperliquid PAXG+0.0100%1h4,339.4−0.035%$20.8M$2.4M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,340.9long leg$906K$26K50x
Pacifica PAXG+0.0100%1h4,341.1+0.003%$1.0M$340K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,339.4−0.035%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.2+0.007%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,342+0.026%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,339.7−0.029%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,339.7−0.027%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,339.6−0.031%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,339.2−0.040%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,336−0.113%$1.5M$40K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,338.9−0.047%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,340−0.021%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,341+0.002%$988K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.0888%1h4,351+0.232%$29K$23K10x