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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bitget+0.019%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.019%, 7d avg +0.014%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PAXGUSDT4,335.10.0100pay 0.0050% / 4h3h 31m$9.7M$15.2M50x
ShortBingX PAXG-USDT4,335.90.0100get 0.0050% / 4h3h 31m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.019% → +0.014%
$0.47
Slippage, 4 orders
−$4.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.37
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 6 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, 2 min ago0.01 bp7.4 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago0.12 bp5.1 bp −$55.6 bp −$569.3 bp −$92623.1 bp −$11.6K

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−0.0168%1h4,335.1+0.001%$42K$154K20xas long as short
Lighter PAXG−0.0160%1h4,333.4−0.039%$1.4M$368K25xas long as short
GRVT PAXG_USDT_Perp−0.0112%4h4,334.8−0.006%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT−0.0088%1h4,335.8+0.018%$262K$786K50xas long as short
dYdX PAXG-USD0.0000%1h4,334.8−0.007%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,337.1+0.047%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,329.5−0.129%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,338.2+0.073%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.6+0.173%$903K$687K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.282%$1K$151K30xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0043%4h4,334.6−0.010%$79.9M$70.8M75xas long as short
MEXC PAXG_USDT+0.0044%4h4,337.6+0.058%$16.1M$1.0M100xas long as short
Extended PAXG-USD+0.0048%1h4,333.4−0.038%$378K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0065%1h4,335.7+0.014%$1.3M$1.4M20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,335−0.001%$81K$3.6M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.6−0.011%$55610xas long as short
Hyperliquid PAXG+0.0100%1h4,335−0.002%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,334.3−0.018%$904K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,337.1+0.046%$1.0M$342K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,335.8+0.017%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,338+0.068%$28.6M$5.3M30xas long as short
Bitget PAXGUSDTlong+0.0100%4h4,335.1long leg$9.7M$15.2M50x
BingX PAXG-USDTshort+0.0100%4h4,335.9+0.019%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,335.6+0.012%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,336.3+0.028%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,334−0.025%$1.5M$38K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.4−0.015%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,339.5+0.103%$987K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,345.5+0.241%$29K$24K10xas long as short