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

PAXG

all PAXG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against Deribit−0.068%7-day average −0.035% · 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+0.209%+$21 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.068%, 7d avg −0.035%
Together, before fees+0.209%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.032% cheaper against Deribit than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.035%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PAXG_USDC-PERPETUAL4,351.60get 0.0000% / 1h21m 50s$7.9M$865K50x
ShortPacifica PAXG4,348.60.0100get 0.0013% / 1h21m 50s$1.0M$348K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. 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
$21
Price spread: −0.068% → −0.035%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$2.75
Costs to cover
0.150%
Break-even
6.1 days
Slippage unknown: Deribit: live order book, 2 min ago; Pacifica: live order book, 2 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 Deribit live order book, 2 min ago1.60 bp7.4 bp −$713.8 bp −$138doesn't fitdoesn't fit
Sell Pacifica live order book, 2 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%1h4,347.3−0.100%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.7−0.043%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.8−0.226%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUALlong0.0000%1h4,351.6long leg$7.9M$865K50x
HTX PAXG-USDT0.0000%4h4,350.4−0.028%$909K$651K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.099%$1K$151K30xas long as short
Hibachi PAXG/USDT-P+0.0080%1h4,348−0.082%$47K$139K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,348.9−0.062%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,346.6−0.115%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,347−0.104%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,347.9−0.085%$20.3M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,347.7−0.088%$907K$27K50xas long as short
Pacifica PAXGshort+0.0100%1h4,348.6−0.068%$1.0M$348K10x
Binance PAXGUSDT+0.0100%4h4,347.6−0.093%$80.0M$67.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,348.7−0.066%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345−0.151%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,349.7−0.043%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.8−0.088%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.5−0.095%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,348.4−0.074%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,347.6−0.092%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,347.8−0.087%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,347.3−0.099%$263K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347.4−0.096%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,346−0.128%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.7−0.111%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,347.2−0.101%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8+0.005%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1392%1h4,359.3+0.177%$29K$22K10xas long as short