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 0.000%
Price spread now: SunX against Gate−0.181%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$840.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.181%, 7d avg −0.166%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PAXG_USDT4,356.20get 0.0000% / 8h1h 09m$15.8M$3.6M100x
ShortSunX PAXG-USDT4,348.30get 0.0000% / 4h1h 09m$2K$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.181% → −0.166%
−$1.53
Slippage, 4 orders
−$60.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$85.18
Costs to cover
0.836%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago0.57 bp9.0 bp −$911.5 bp −$11526.7 bp −$2,67060.9 bp −$30.4K
Sell SunX live order book, 8 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
dYdX PAXG-USD0.0000%1h4,350.7−0.125%$102K$12K5xas long as short
Gate PAXG_USDTlong0.0000%8h4,356.2long leg$15.8M$3.6M100x
SunX PAXG-USDTshort0.0000%4h4,348.3−0.181%$2K$3.9M20x
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,357.5+0.030%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,355.7−0.012%$911K$646K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.204%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,355.8−0.010%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,353−0.073%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.143%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.5−0.061%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,354−0.051%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,354.3−0.044%$909K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,354.5−0.040%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,354.2−0.046%$80.1M$67.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,354.9−0.030%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,350−0.143%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.1−0.002%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,354.4−0.042%$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354.1−0.049%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355−0.028%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,352.6−0.084%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.132%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.143%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,353.3−0.067%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,351−0.119%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.5−0.063%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.1−0.048%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.101%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1304%1h4,364.6+0.193%$29K$22K10xas long as short