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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Binance−0.042%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.021%+$2 · spread now −0.042%, 7d avg −0.051%
Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,336.40.0036pay 0.0018% / 4h3h 10m$79.9M$70.4M75x
ShortExtended PAXG-USD4,334.50.0032get 0.0004% / 1h10m 12s$379K$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$0.83
Price spread: −0.042% → −0.051%
$0.85
Slippage, 4 orders
−$0.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.36
Costs to cover
0.154%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Extended: live order book, 3 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, 2 min ago0.01 bp5.0 bp −$55.7 bp −$579.7 bp −$972doesn't fit
Sell Extended live order book, 3 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn'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%1h4,336.7+0.009%$42K$157K20xas long as short
Lighter PAXG−0.0152%1h4,335.3−0.025%$1.4M$368K25xas long as short
ApeX Omni PAXGUSDT−0.0025%1h4,335.7−0.016%$262K$786K50xas long as short
GRVT PAXG_USDT_Perp−0.0008%4h4,337.6+0.029%$1.5M$1.9M10xas long as short
dYdX PAXG-USD0.0000%1h4,338.3+0.045%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,338.6+0.052%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,332−0.101%$2K$3.5M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.3+0.090%$7.9M$843K50xas long as short
HTX PAXG-USDT0.0000%4h4,340.4+0.094%$903K$689K75xas long as short
Extended PAXG-USDshort+0.0032%1h4,334.5−0.042%$379K$1.5M25x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.252%$1K$151K30xas long as short
Binance PAXGUSDTlong+0.0036%4h4,336.4long leg$79.9M$70.4M75x
MEXC PAXG_USDT+0.0036%4h4,338.6+0.052%$16.1M$1.0M100xas long as short
Kraken Futures PF_PAXGUSD+0.0065%1h4,337.4+0.024%$1.3M$1.4M20xas long as short
Aster PAXGUSDT+0.0085%4h4,335.9−0.010%$905K$27K50xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,336.5+0.003%$81K$3.4M50xas long as short
Hyperliquid PAXG+0.0099%1h4,336.4+0.001%$20.8M$2.3M10xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.7−0.038%$55610xas long as short
Pacifica PAXG+0.0100%1h4,338.2+0.042%$1.0M$340K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,337+0.015%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.5+0.072%$28.6M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,337.2+0.020%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,337+0.014%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,337.1+0.017%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,336.2−0.003%$12.3M$222Kas long as short
Phemex PAXGUSDT+0.0100%4h4,335−0.031%$1.5M$38K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,336.1−0.007%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,339.1+0.063%$956K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0880%1h4,347.8+0.264%$29K$24K10xas long as short