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+0.0104%/8h= +11.4% APRpaid last 24h +0.018%
Price spread now: Extended against HTX−0.144%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.144%, 7d avg −0.194%
Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.050% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.194%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAXG-USDT4,342.40get 0.0000% / 4h50m 13s$904K$671K75x
ShortExtended PAXG-USD4,336.10.0104get 0.0013% / 1h50m 13s$380K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$21.84
Price spread: −0.144% → −0.194%
$4.99
Slippage, 4 orders
−$19.08
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$9.24
Costs to cover
0.361%
Break-even
10.0 days
Slippage from HTX: live order book, 8 min ago; Extended: live order book, 3 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 HTX live order book, 8 min ago3.35 bp18.4 bp −$1820.2 bp −$202doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn'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%1h4,337.7−0.108%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3−0.025%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,340.3−0.048%$15.6M$3.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,334.8−0.174%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.5−0.044%$7.9M$868K50xas long as short
HTX PAXG-USDTlong0.0000%4h4,342.4long leg$904K$671K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.114%$1K$151K30xas long as short
Lighter PAXG+0.0072%1h4,335.8−0.151%$1.4M$347K25xas long as short
GRVT PAXG_USDT_Perp+0.0092%4h4,339.6−0.063%$1.5M$1.9M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,337.1−0.122%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,338.6−0.087%$20.7M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,339.2−0.073%$905K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,339.9−0.057%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,336.5−0.135%$80.1M$70.5M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,337.2−0.118%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,339.3−0.070%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.7−0.062%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,336.6−0.133%$9.6M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,338.7−0.085%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.6−0.088%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,337.5−0.112%$12.4M$97Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,337.4−0.115%$262K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.8−0.105%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,338−0.101%$1.5M$39K50xas long as short
Extended PAXG-USDshort+0.0104%1h4,336.1−0.144%$380K$1.4M25x
Reya PAXGRUSDPERP+0.0189%1h4,336.9−0.126%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,337.6−0.109%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,342.3−0.003%$967K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0992%1h4,348.7+0.146%$29K$23K10xas long as short