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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against Binance+0.012%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,340.60.0100pay 0.0050% / 4h1h 37m$80.0M$70.6M75x
ShortOrderly PERP_PAXG_USDC_mythos4,341.10.0100get 0.0050% / 4h1h 37m$55710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.012% → 0.000%
$1.17
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$14.83
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Orderly: 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 Binance live order book, 5 min ago0.01 bp5.0 bp −$55.6 bp −$568.6 bp −$861doesn't fit
Sell Orderly no order-book sample
Orderly: 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
dYdX PAXG-USD0.0000%1h4,340.8+0.005%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,343.5+0.067%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,337.9−0.063%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,345.3+0.107%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,345.8+0.121%$904K$655K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.155%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0048%4h4,339.2−0.031%$1.5M$1.9M10xas long as short
Hibachi PAXG/USDT-P+0.0048%1h4,340.7+0.002%$42K$154K20xas long as short
ApeX Omni PAXGUSDT+0.0058%1h4,338.7−0.043%$263K$789K50xas long as short
Lighter PAXG+0.0096%1h4,341+0.008%$1.4M$339K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,341.7+0.027%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,341.3+0.016%$20.8M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,341.7+0.025%$906K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,342.1+0.035%$1.0M$340K10xas long as short
Binance PAXGUSDTlong+0.0100%4h4,340.6long leg$80.0M$70.6M75x
Bybit PAXGUSDT+0.0100%4h4,342.5+0.043%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.7+0.026%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,343.7+0.071%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,342+0.031%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,341.5+0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,341.6+0.023%$1.3M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,338.4−0.050%$12.4M$104Kas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,341.1+0.012%$55710x
Phemex PAXGUSDT+0.0100%4h4,339−0.037%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,339.9−0.015%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,342.7+0.050%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,342.4+0.041%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.7+0.209%$971K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,352.1+0.265%$29K$23K10xas long as short