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% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX+0.026%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.018%+$2 · spread now +0.026%, 7d avg +0.007%
Together, before fees+0.017%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,339.60.0100pay 0.0050% / 4h3m 16s$6.8M
ShortPacifica PAXG4,340.70.0100get 0.0013% / 1h3m 16s$1.0M$340K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.026% → +0.007%
$1.84
Slippage, 4 orders
−$2.46
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.62
Costs to cover
0.205%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Pacifica: live order book, 1 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, 9 min ago0.12 bp5.3 bp −$57.0 bp −$7010.4 bp −$1,04428.8 bp −$14.4K
Sell Pacifica live order book, 1 min ago0.23 bp5.4 bp −$5doesn't fitdoesn'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−0.0128%1h4,339.6+0.001%$42K$155K20xas long as short
Lighter PAXG−0.0040%1h4,337.1−0.056%$1.4M$359K25xas long as short
dYdX PAXG-USD0.0000%1h4,342+0.056%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,341+0.033%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,333.7−0.135%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,342.1+0.057%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,344.1+0.104%$904K$685K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.178%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0047%1h4,336.9−0.061%$262K$787K50xas long as short
GRVT PAXG_USDT_Perp+0.0048%4h4,341.5+0.044%$1.5M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,338.7−0.020%$81K$3.7M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,338.9−0.016%$55710xas long as short
Hyperliquid PAXG+0.0100%1h4,338.8−0.018%$20.8M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340.9+0.031%$906K$26K50xas long as short
Pacifica PAXGshort+0.0100%1h4,340.7+0.026%$1.0M$340K10x
Binance PAXGUSDT+0.0100%4h4,338.1−0.034%$80.0M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,338.9−0.017%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.1+0.036%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,341.5+0.045%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,338.9−0.016%$9.7M$14.9M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,339.6long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,339.1−0.010%$1.3M$805K50xas long as short
Variational Omni PAXG+0.0100%4h4,340+0.009%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,336−0.082%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,337−0.061%$378K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,338−0.037%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,339.2−0.009%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,341+0.033%$988K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0880%1h4,349.5+0.229%$29K$23K10xas long as short