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 +0.008%
Price spread now: Paradex against HTX−0.045%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4194.185% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.021%−$2 on $10k
Price spread, last 3 days (all we have)−0.136%−$14 · spread now −0.045%, 7d avg −0.175%
Together, before fees−0.157%+ Points / potential airdropParadex: Active · farm board−$16 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 Paradex is 0.130% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.175%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAXG-USDT4,3700get 0.0000% / 4h3h 56m$912K$656K75x
ShortParadex PAXG-USD-PERP4,3680.0100get 0.0100% / 8h7h 56m$81K$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
Price spread: −0.045% → −0.175%
$13.03
Slippage, 4 orders
−$402.53
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$384.51
Costs to cover
4.185%
Break-even
135.2 days
Slippage from HTX: live order book, 17 min ago; Paradex: 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, 17 min ago0.01 bp20.4 bp −$2027.3 bp −$273doesn't fitdoesn't fit
Sell Paradex live order book, 3 min ago191.15 bp193.4 bp −$193doesn'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
dYdX PAXG-USD0.0000%1h4,367.1−0.066%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,371+0.023%$15.8M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,362.8−0.165%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,371.1+0.025%$8.0M$871K50xas long as short
HTX PAXG-USDTlong0.0000%4h4,370long leg$912K$656K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.519%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,368−0.046%$1.4M$262K25xas long as short
Paradex PAXG-USD-PERPshort+0.0100%8h4,368−0.045%$81K$3.7M50x
Hyperliquid PAXG+0.0100%1h4,368.4−0.037%$20.5M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,368.8−0.028%$911K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,370.5+0.011%$1.0M$365K10xas long as short
Binance PAXGUSDT+0.0100%4h4,367.1−0.067%$80.3M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,369.6−0.010%$15.2M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,365−0.115%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,369.3−0.016%$28.5M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,368.9−0.025%$9.6M$15.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,368.5−0.035%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,369.6−0.010%$1.4M$973K50xas long as short
Variational Omni PAXG+0.0100%4h4,365.6−0.102%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,365.9−0.095%$1.5M$2.1M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,364.1−0.134%$264K$792K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,366.3−0.085%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,364−0.137%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,368.5−0.035%$379K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,364.8−0.119%$42K$155K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,368.6−0.032%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0207%1h4,369.1−0.020%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,370.1+0.002%$977K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0944%1h4,379+0.206%$29K$23K10xas long as short