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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against Gate−0.026%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.026%, 7d avg −0.046%
Together, before fees+0.172%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PAXG_USDT4,341.60get 0.0000% / 8h4h 52m$15.6M$3.3M100x
ShortPacifica PAXG4,340.50.0100get 0.0013% / 1h52m 41s$1.0M$339K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Gate. 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: −0.026% → −0.046%
$1.99
Slippage, 4 orders
−$5.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$5.28
Costs to cover
0.283%
Break-even
8.8 days
Slippage from Gate: live order book, 1 min ago; Pacifica: live order book, 1 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 Gate live order book, 1 min ago0.12 bp8.2 bp −$811.2 bp −$11222.3 bp −$2,23554.5 bp −$27.2K
Sell Pacifica live order book, 1 min ago0.12 bp4.5 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
Hibachi PAXG/USDT-P−0.0128%1h4,338.2−0.077%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3−0.007%$101K$12K5xas long as short
Gate PAXG_USDTlong0.0000%8h4,341.6long leg$15.6M$3.3M100x
SunX PAXG-USDT0.0000%4h4,335.5−0.141%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,342.5+0.021%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,344.4+0.064%$905K$672K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.131%$1K$151K30xas long as short
Lighter PAXG+0.0088%1h4,337.4−0.098%$1.4M$347K25xas long as short
GRVT PAXG_USDT_Perp+0.0092%4h4,341.9+0.007%$1.5M$1.9M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,337.9−0.086%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,339.6−0.046%$20.7M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340−0.037%$905K$30K50xas long as short
Pacifica PAXGshort+0.0100%1h4,340.5−0.026%$1.0M$339K10x
Binance PAXGUSDT+0.0100%4h4,338.6−0.070%$80.1M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,339.3−0.052%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,340.2−0.033%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,341.8+0.004%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,339.4−0.051%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,339.7−0.044%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,339.6−0.047%$1.3M$798K50xas long as short
Variational Omni PAXG+0.0100%4h4,339−0.059%$12.4M$97Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,339.9−0.039%$262K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,338.5−0.071%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,339−0.060%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,337.7−0.091%$380K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,338.5−0.070%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,340−0.038%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,342.3+0.015%$967K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,349+0.170%$29K$23K10xas long as short