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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h +0.018%
Price spread now: Aster against Injective+0.335%7-day average −0.077% · 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 7 days+0.047%+$5 on $10k
Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.335%, 7d avg −0.077%
Together, before fees−0.386%+ Points / potential airdropAster: Stage 5 · farm board−$39 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 Aster is 0.412% dearer against Injective than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective PAXG/USDC PERP4,347.3−0.0007get 0.0001% / 1h6m 41s$1K$151K30x
ShortAster PAXGUSDT4,361.90.0100get 0.0050% / 4h6m 41s$910K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$22.53
Price spread: +0.335% → −0.077%
$41.23
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$55.75
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aster: live order book, 6 min ago. 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 Injective no order-book sample
Sell Aster live order book, 6 min ago0.01 bp5.2 bp −$59.6 bp −$96doesn't fitdoesn't fit
Injective: 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
Injective PAXG/USDC PERPlong−0.0007%1h4,347.3long leg$1K$151K30x
dYdX PAXG-USD0.0000%1h4,362.4+0.347%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,363.4+0.370%$15.8M$3.7M100xas long as short
SunX PAXG-USDT0.0000%4h4,357.6+0.236%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,364.8+0.402%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,365.2+0.412%$910K$650K75xas long as short
Lighter PAXG+0.0096%1h4,359.9+0.289%$1.4M$272K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,359.9+0.290%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,360.9+0.313%$20.5M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,361.9+0.335%$910K$30K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,362.7+0.354%$1.0M$363K10xas long as short
Binance PAXGUSDT+0.0100%4h4,360.9+0.313%$80.0M$69.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,362.2+0.342%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,359.7+0.286%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,363.5+0.372%$28.4M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,361.4+0.324%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,361.9+0.337%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,362.1+0.341%$1.4M$972K50xas long as short
Variational Omni PAXG+0.0100%4h4,364.3+0.391%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,362.3+0.344%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,362+0.339%$264K$794K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,360.6+0.306%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,359+0.269%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,360.2+0.297%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0160%1h4,362.1+0.342%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,361.5+0.328%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0285%1h4,362.4+0.347%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,367.6+0.467%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,370.6+0.536%$29K$23K10xas long as short