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% APRpaid last 24h +0.030%
Price spread now: HTX against dYdX+0.045%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$770.769% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 3 days (all we have)+0.142%+$14 · spread now +0.045%, 7d avg +0.149%
Together, before fees+0.323%+$32 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: HTX is 0.104% cheaper against dYdX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PAXG-USD4,358.30get 0.0000% / 1h22m 18s$102K$12K5x
ShortHTX PAXG-USDT4,360.30get 0.0000% / 4h22m 18s$909K$641K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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: +0.045% → +0.149%
−$10.37
Slippage, 4 orders
−$54.9
Fee dYdX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$87.26
Costs to cover
0.769%
Break-even
never at this rate
Slippage from dYdX: live order book, 56 min ago; HTX: live order book, 56 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 dYdX live order book, 56 min ago14.96 bp20.0 bp −$20174.0 bp −$1,740356.2 bp −$35.6K1164.5 bp −$582.3K
Sell HTX live order book, 56 min ago0.01 bp12.2 bp −$1213.7 bp −$13716.6 bp −$1,663doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.253%$1K$151K30xas long as short
dYdX PAXG-USDlong0.0000%1h4,358.3long leg$102K$12K5x
Gate PAXG_USDT0.0000%8h4,360.2+0.043%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.2−0.118%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,363.8+0.126%$7.9M$866K50xas long as short
HTX PAXG-USDTshort0.0000%4h4,360.3+0.045%$909K$641K75x
Lighter PAXG+0.0096%1h4,357.3−0.024%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,358.5+0.003%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,359+0.016%$20.4M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,359+0.016%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,358.6+0.007%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,359.4+0.025%$80.1M$69.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,360.4+0.047%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.5−0.019%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,361.1+0.064%$27.3M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,360.6+0.051%$9.9M$14.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,360.2+0.043%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357.5−0.019%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,355.4−0.066%$12.5M$102Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.2−0.071%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,354.9−0.078%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,358.5+0.004%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,358−0.007%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,357.6−0.017%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,355.8−0.057%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,359.4+0.024%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,357.7−0.014%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.7+0.077%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,368.8+0.240%$29K$23K10xas long as short