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 −0.006%
Price spread now: Aster against BingX−0.004%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as 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−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.004%, 7d avg −0.007%
Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,362.80.0100pay 0.0050% / 4h8m 54s$6.8M
ShortAster PAXGUSDT4,362.60.0100get 0.0050% / 4h8m 54s$910K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: −0.004% → −0.007%
$0.35
Slippage, 4 orders
−$2.23
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.88
Costs to cover
0.202%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Aster: live order book, 4 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 BingX live order book, 3 min ago0.30 bp5.7 bp −$67.3 bp −$7310.0 bp −$1,00323.9 bp −$11.9K
Sell Aster live order book, 4 min ago0.01 bp5.2 bp −$59.6 bp −$96doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.354%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,362.4−0.008%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,364.1+0.031%$15.8M$3.7M100xas long as short
SunX PAXG-USDT0.0000%4h4,358.6−0.095%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,366.3+0.081%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,368.4+0.129%$912K$646K75xas long as short
Lighter PAXG+0.0096%1h4,361.7−0.025%$1.4M$272K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,361.4−0.032%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,361.1−0.038%$20.5M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,362.6−0.004%$910K$30K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,363.3+0.011%$1.0M$363K10xas long as short
Binance PAXGUSDT+0.0100%4h4,361.3−0.034%$80.0M$69.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,362.7−0.002%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,360.8−0.044%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,364+0.029%$27.8M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,361.8−0.023%$9.6M$14.9M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,362.8long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,363.1+0.007%$1.4M$972K50xas long as short
Variational Omni PAXG+0.0100%4h4,364.3+0.036%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,365.4+0.061%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,363.1+0.008%$264K$794K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,362.7−0.001%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,359−0.086%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,360.8−0.044%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0160%1h4,363.7+0.022%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,362.4−0.008%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0285%1h4,363.4+0.014%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,367.6+0.111%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,372.6+0.226%$29K$23K10xas long as short