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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.053%
Price spread now: Pacifica against Coinbase International−0.073%7-day average −0.068% · 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 7 days−0.270%−$27 on $10k
Price spread, last 3 days (all we have)−0.055%−$6 · spread now −0.073%, 7d avg −0.068%
Together, before fees−0.326%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PAXG-PERP-INTX4,351.80.0320pay 0.0040% / 1h22m 30s$975K$1.1M50x
ShortPacifica PAXG4,348.60.0100get 0.0013% / 1h22m 30s$1.0M$348K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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
−$46.2
Price spread: −0.073% → −0.068%
−$0.45
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$64.65
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; Pacifica: live order book, 1 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 Coinbase International live order book, 1 min ago3.01 bp8.4 bp −$810.0 bp −$100doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.12 bp5.0 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
dYdX PAXG-USD0.0000%1h4,347.3−0.105%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.6−0.051%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.9−0.229%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,352+0.004%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,350.4−0.033%$909K$651K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.104%$1K$151K30xas long as short
Hibachi PAXG/USDT-P+0.0080%1h4,348−0.087%$47K$139K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,348.9−0.067%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,346.6−0.120%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,347−0.110%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,347.8−0.092%$20.3M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,347.7−0.095%$907K$27K50xas long as short
Pacifica PAXGshort+0.0100%1h4,348.6−0.073%$1.0M$348K10x
Binance PAXGUSDT+0.0100%4h4,347.4−0.101%$80.0M$67.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,348.2−0.083%$15.2M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345−0.157%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,349.7−0.049%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.4−0.103%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.5−0.100%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,348.3−0.081%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,347.6−0.097%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,347.8−0.092%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,347.3−0.104%$263K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347.4−0.102%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,346−0.134%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.6−0.120%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,347.2−0.106%$21K100xas long as short
Coinbase International PAXG-PERP-INTXlong+0.0320%1h4,351.8long leg$975K$1.1M50x
01 Exchange PAXGUSD+0.1392%1h4,359.3+0.172%$29K$22K10xas long as short