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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against Binance+0.009%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.202% 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)−0.001%$0 · spread now +0.009%, 7d avg +0.025%
Together, before fees+0.026%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,345.10.0100pay 0.0050% / 4h1h 43m$80.0M$67.8M75x
ShortAster PAXGUSDT4,345.50.0100get 0.0050% / 4h1h 43m$907K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: +0.009% → +0.025%
−$1.64
Slippage, 4 orders
−$2.25
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.89
Costs to cover
0.202%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Aster: live order book, 39 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 Binance live order book, 14 min ago0.01 bp5.9 bp −$67.5 bp −$7516.9 bp −$1,688doesn't fit
Sell Aster live order book, 39 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn'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
dYdX PAXG-USD0.0000%1h4,343.7−0.032%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,347.5+0.055%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,340.6−0.104%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.2+0.093%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.6+0.058%$909K$655K75xas long as short
Hibachi PAXG/USDT-P+0.0032%1h4,346+0.021%$47K$142K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.187%$1K$121K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,346.9+0.040%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,344.6−0.011%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,345.3+0.003%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,345.5+0.009%$20.3M$1.8M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,345.5+0.009%$907K$28K50x
Pacifica PAXG+0.0100%1h4,346.7+0.037%$1.0M$368K10xas long as short
Binance PAXGUSDTlong+0.0100%4h4,345.1long leg$80.0M$67.8M75x
Bybit PAXGUSDT+0.0100%4h4,345.8+0.016%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.4−0.063%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,347.5+0.055%$26.8M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,346.2+0.024%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,345.6+0.011%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,346.5+0.032%$1.4M$952K50xas long as short
Variational Omni PAXG+0.0100%4h4,345.3+0.005%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,345.5+0.008%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,343.6−0.036%$263K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,345.5+0.009%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,340−0.118%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,344.3−0.018%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,345.3+0.003%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,347.6+0.057%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1416%1h4,363.7+0.427%$29K$21K10xas long as short