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 0.000%
Price spread now: Variational Omni against BingX−0.095%7-day average −0.011% · you buy dearer than you sell
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 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.091%+$9 · spread now −0.095%, 7d avg −0.011%
Together, before fees+0.091%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.085% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,352.40.0100pay 0.0050% / 4h1h 11m$6.8M
ShortVariational Omni PAXG4,348.20.0100get 0.0050% / 4h1h 11m$12.5M$114K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.095% → −0.011%
−$8.45
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.45
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Variational Omni: RFQ quote, 3 min ago. 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 BingX live order book, 6 min ago0.07 bp5.8 bp −$67.6 bp −$7612.3 bp −$1,23131.6 bp −$15.8K
Sell Variational Omni RFQ quote, 3 min ago2.83 bpdoesn't fit7.8 bp −$78doesn'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%1h4,350.7−0.037%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,354.7+0.054%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,347.2−0.119%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,355.9+0.081%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,354.2+0.043%$910K$645K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.116%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,354.3+0.045%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,351.8−0.014%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.055%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,352.3−0.002%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,352.8+0.010%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,352.4+0.001%$908K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,353.2+0.020%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,352.8+0.010%$80.1M$67.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,353.6+0.028%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,349.3−0.071%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,354.9+0.059%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,353.4+0.025%$9.3M$13.3M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,352.4long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,353.3+0.021%$1.4M$954K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,348.2−0.095%$12.5M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.044%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.055%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,351.1−0.029%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,350−0.054%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,352−0.009%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352.6+0.005%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.012%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1312%1h4,363.6+0.258%$29K$22K10xas long as short