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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.003%
Price spread now: Paradex against Extended+0.024%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$140.139% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.016%+$2 on $10k
Price spread, last 7 days+0.027%+$3 · spread now +0.024%, 7d avg +0.009%
Together, before fees+0.044%+ Points / potential airdropExtended: Active · Paradex: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PAXG-USD4,306.70.0024pay 0.0003% / 1h45m 26s$377K$1.6M25x
ShortParadex PAXG-USD-PERP4,307.70.0096get 0.0096% / 8h7h 45m$87K$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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
$15.09
Price spread: +0.024% → +0.009%
$1.41
Slippage, 4 orders
−$4.93
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
$2.57
Costs to cover
0.139%
Break-even
5.8 days
Slippage from Extended: live order book, 3 min ago; Paradex: live order book, 4 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 Extended live order book, 3 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn't fitdoesn't fit
Sell Paradex live order book, 4 min ago2.29 bp4.3 bp −$4109.6 bp −$1,096doesn'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
Lighter PAXG−0.0200%1h4,306.2−0.012%$1.4M$608K25xas long as short
Hibachi PAXG/USDT-P−0.0168%1h4,309.3+0.060%$42K$172K20xas long as short
Kraken Futures PF_PAXGUSD−0.0097%1h4,311.4+0.109%$1.2M$1.7M20xas long as short
GRVT PAXG_USDT_Perp−0.0074%4h4,310.7+0.093%$1.5M$1.9M10xas long as short
dYdX PAXG-USD0.0000%1h4,310.3+0.084%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,310+0.076%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,305.5−0.028%$2K$3.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,313.9+0.166%$7.9M$599K50xas long as short
HTX PAXG-USDT0.0000%4h4,313.6+0.160%$904K$809K75xas long as short
Binance PAXGUSDT+0.0020%4h4,307.1+0.010%$80.2M$79.7M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PAXG_USDT+0.0020%4h4,314.7+0.186%$16.6M$1.2M100xas long as short
Extended PAXG-USDlong+0.0024%1h4,306.7long leg$377K$1.6M25x
Aster PAXGUSDT+0.0030%4h4,308.2+0.034%$900K$32K50xas long as short
Bitget PAXGUSDT+0.0032%4h4,306.8+0.002%$9.4M$16.0M50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.942%$1K$151K30xas long as short
Paradex PAXG-USD-PERPshort+0.0096%8h4,307.7+0.024%$87K$4.1M50x
Hyperliquid PAXG+0.0100%1h4,307.5+0.018%$21.0M$2.5M10xas long as short
Pacifica PAXG+0.0100%1h4,309.8+0.072%$1.0M$304K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,308.2+0.034%$14.8M$4.3M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,309.9+0.073%$28.7M$5.4M30xas long as short
BingX PAXG-USDT+0.0100%4h4,310+0.077%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,310.3+0.083%$1.2M$856K50xas long as short
Variational Omni PAXG+0.0100%4h4,310+0.077%$12.2M$230Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,309.8+0.072%$261K$770K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,310.4+0.086%$55310xas long as short
Phemex PAXGUSDT+0.0100%4h4,309+0.053%$1.5M$66K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,306.4−0.008%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,309.1+0.056%$937K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0808%1h4,318.5+0.274%$29K$23K10xas long as short