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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against KuCoin−0.039%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.039%, 7d avg −0.033%
Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PAXGUSDTM4,323.40.0100pay 0.0050% / 4h10m 23s$28.8M$6.2M30x
ShortAster PAXGUSDT4,321.70.0100get 0.0050% / 4h10m 23s$903K$68K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: −0.039% → −0.033%
−$0.59
Slippage, 4 orders
−$5.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.73
Costs to cover
0.251%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 31 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 KuCoin live order book, 2 min ago0.13 bp8.0 bp −$820.6 bp −$206doesn't fitdoesn't fit
Sell Aster live order book, 31 min ago0.15 bp4.9 bp −$58.0 bp −$80doesn't fitdoesn't fit

PAXG on 29 exchanges

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−0.0112%1h4,322.3−0.026%$43K$187K20xas long as short
dYdX PAXG-USD−0.0001%1h4,321−0.057%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,323.5+0.002%$15.6M$3.9M100xas long as short
SunX PAXG-USDT0.0000%4h4,318.2−0.121%$2K$2.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,325+0.037%$7.9M$148K50xas long as short
HTX PAXG-USDT0.0000%4h4,324.7+0.029%$910K$839K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.552%$1K$151K30xas long as short
Lighter PAXG+0.0064%1h4,320.7−0.063%$1.4M$564K25xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,320.2−0.074%$80K$4.1M50xas long as short
Hyperliquid PAXG+0.0100%1h4,321.1−0.054%$21.3M$2.5M10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,321.7−0.039%$903K$68K50x
Pacifica PAXG+0.0100%1h4,322.4−0.024%$1.0M$332K10xas long as short
Binance PAXGUSDT+0.0100%4h4,321−0.056%$80.5M$79.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,321.1−0.053%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,327+0.083%$16.6M$1.3M100xas long as short
KuCoin PAXGUSDTMlong+0.0100%4h4,323.4long leg$28.8M$6.2M30x
Bitget PAXGUSDT+0.0100%4h4,321.1−0.054%$9.3M$16.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,322.4−0.024%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,322.3−0.026%$1.2M$846K50xas long as short
Variational Omni PAXG+0.0100%4h4,320.4−0.071%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,319.4−0.092%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,317.4−0.139%$261K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,320.7−0.063%$55410xas long as short
Phemex PAXGUSDT+0.0100%4h4,319−0.102%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,319.8−0.083%$374K$2.1M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,319.9−0.081%$20K100xas long as short
Kraken Futures PF_PAXGUSD+0.0263%1h4,321.8−0.037%$1.2M$2.1M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0280%1h4,321.6−0.043%$936K$1.0M50xas long as short
01 Exchange PAXGUSD+0.2112%1h4,382.7+1.371%$29K$24K10xas long as short