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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1304%/8h= +142.8% APRpaid last 24h +0.244%
Price spread now: 01 Exchange against Gate+0.197%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and 01 Exchange is 0.197% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PAXG_USDT4,3560get 0.0000% / 8h1h 10m$15.8M$3.6M100x
Short01 Exchange PAXGUSD4,364.60.1304get 0.0163% / 1h10m 42s$29K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$273.84
Price spread: +0.197% → 0.000%
$19.74
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$271.58
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: Gate: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 3 min ago0.57 bp9.0 bp −$911.5 bp −$11526.7 bp −$2,67060.9 bp −$30.4K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4,350.7−0.121%$102K$12K5xas long as short
Gate PAXG_USDTlong0.0000%8h4,356long leg$15.8M$3.6M100x
SunX PAXG-USDT0.0000%4h4,347.2−0.203%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,355.9−0.003%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,354.2−0.041%$910K$645K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.200%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,354.3−0.039%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,353−0.068%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.138%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.5−0.057%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,354−0.046%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,353.5−0.057%$908K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,354.5−0.035%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,354−0.046%$80.1M$67.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,354.9−0.025%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,349.9−0.140%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.1+0.001%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,354.5−0.034%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354.1−0.045%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,353.3−0.062%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,348.2−0.179%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.127%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.139%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,351.1−0.112%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,350−0.138%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.1−0.067%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352.6−0.078%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.096%$975K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.1304%1h4,364.6+0.197%$29K$22K10x