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 +0.006%
Price spread now: Aster against Bitget+0.033%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.248% 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 4 days (all we have)−0.016%−$2 · spread now +0.033%, 7d avg +0.012%
Together, before fees−0.010%+ Points / potential airdropAster: Stage 5 · farm board−$1 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: Aster is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PAXGUSDT4,360.90.0100pay 0.0050% / 4h3h 43m$9.7M$15.5M50x
ShortAster PAXGUSDT4,362.30.0100get 0.0050% / 4h3h 43m$910K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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: +0.033% → +0.012%
$2.18
Slippage, 4 orders
−$4.79
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$22.62
Costs to cover
0.248%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; Aster: live order book, 30 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 Bitget live order book, just now0.01 bp8.5 bp −$810.6 bp −$106doesn't fitdoesn't fit
Sell Aster live order book, 30 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
dYdX PAXG-USD0.0000%1h4,363.1+0.051%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,363+0.049%$15.7M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,356.1−0.108%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,364.8+0.091%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,366.7+0.133%$910K$662K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.311%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,360−0.021%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,361.6+0.016%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,361+0.003%$20.8M$2.1M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,362.3+0.033%$910K$30K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,364.4+0.081%$1.0M$365K10xas long as short
Binance PAXGUSDT+0.0100%4h4,360.4−0.012%$80.2M$71.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,361.9+0.025%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,360−0.020%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,363.3+0.056%$28.4M$5.6M30xas long as short
Bitget PAXGUSDTlong+0.0100%4h4,360.9long leg$9.7M$15.5M50x
BingX PAXG-USDT+0.0100%4h4,361.6+0.018%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,363.2+0.053%$1.4M$880K50xas long as short
Variational Omni PAXG+0.0100%4h4,367.4+0.149%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,367.6+0.154%$1.6M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,365.5+0.105%$264K$784K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,360.8−0.001%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,361+0.003%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,359.5−0.032%$381K$1.5M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,367.6+0.154%$42K$155K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,361.2+0.007%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,361.2+0.007%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,371.6+0.246%$977K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,372.1+0.258%$29K$23K10xas long as short