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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.027%
Price spread now: SunX against Extended−0.051%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$16 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.051%, 7d avg −0.060%
Together, before fees−0.163%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PAXG-USD4,3220.0008pay 0.0001% / 1h40m 37s$376K$1.6M25x
ShortSunX PAXG-USDT4,319.80get 0.0000% / 4h40m 37s$2K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$1.68
Price spread: −0.051% → −0.060%
$0.89
Slippage, 4 orders
−$56.17
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$69.95
Costs to cover
0.692%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; SunX: live order book, 7 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 SunX live order book, 7 min ago21.54 bp25.5 bp −$2655.2 bp −$552doesn'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−0.0176%1h4,321.1−0.021%$1.4M$482K25xas long as short
GRVT PAXG_USDT_Perp−0.0102%4h4,319.3−0.063%$1.5M$2.0M10xas long as short
Hibachi PAXG/USDT-P−0.0088%1h4,321.5−0.012%$41K$168K20xas long as short
Kraken Futures PF_PAXGUSD−0.0055%1h4,323.1+0.025%$1.2M$1.9M20xas long as short
dYdX PAXG-USD0.0000%1h4,321.4−0.012%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,325+0.070%$15.6M$3.6M100xas long as short
SunX PAXG-USDTshort0.0000%4h4,319.8−0.051%$2K$3.2M20x
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,326.9+0.114%$7.9M$659K50xas long as short
HTX PAXG-USDT0.0000%4h4,325.1+0.073%$903K$783K75xas long as short
Extended PAXG-USDlong+0.0008%1h4,322long leg$376K$1.6M25x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PAXG_USDT+0.0010%4h4,328+0.140%$16.7M$1.0M100xas long as short
Binance PAXGUSDT+0.0011%4h4,323+0.025%$79.8M$74.1M75xas long as short
Aster PAXGUSDT+0.0021%4h4,322.6+0.014%$902K$29K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.586%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0062%1h4,317.7−0.099%$261K$775K50xas long as short
Bitget PAXGUSDT+0.0080%4h4,322.7+0.016%$9.4M$15.9M50xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,322.1+0.004%$85K$3.4M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,321.6−0.009%$55510xas long as short
Hyperliquid PAXG+0.0100%1h4,323.4+0.033%$20.8M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,324.7+0.063%$1.0M$305K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,323.6+0.038%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,324.9+0.068%$28.7M$5.3M30xas long as short
BingX PAXG-USDT+0.0100%4h4,323.6+0.037%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,323.5+0.036%$1.3M$818K50xas long as short
Variational Omni PAXG+0.0100%4h4,322.2+0.005%$12.3M$223Kas long as short
Phemex PAXGUSDT+0.0100%4h4,323+0.024%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,322.3+0.006%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0224%1h4,322.2+0.004%$949K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0888%1h4,333.1+0.257%$29K$23K10xas long as short