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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: ApeX Omni against MEXC−0.029%96s7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.029%, 7d avg −0.149%
Together, before fees−0.064%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.120% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.149%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,356.70.0100pay 0.0050% / 4h3h 31m$16.2M$1.2M100x
ShortApeX Omni PAXGUSDT4,355.50.0100get 0.0013% / 1h31m 59s$263K$785K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: −0.029% → −0.149%
$12.03
Slippage, 4 orders
−$16.73
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$18.71
Costs to cover
0.307%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; ApeX Omni: live order book, 42 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 MEXC live order book, 2 min ago0.01 bp2.7 bp −$321.6 bp −$21657.2 bp −$5,724137.3 bp −$68.6K
Sell ApeX Omni live order book, 42 min ago2.77 bp8.0 bp −$876.1 bp −$761doesn'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%1h4,355.2−0.035%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,357.1+0.009%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,351.5−0.121%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,358.9+0.049%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,362.4+0.129%$907K$656K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.216%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0090%4h4,357.7+0.023%$1.5M$2.1M10xas long as short
Lighter PAXG+0.0096%1h4,354.2−0.058%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,355.4−0.031%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,355.5−0.028%$20.8M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,356.8+0.003%$909K$29K50xas long as short
Pacifica PAXG+0.0100%1h4,356.8+0.002%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,355.3−0.034%$80.1M$71.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.6−0.003%$15.1M$3.6M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h4,356.7long leg$16.2M$1.2M100x
KuCoin PAXGUSDTM+0.0100%4h4,357.6+0.020%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,355.5−0.027%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,356.70.000%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,356.6−0.002%$1.4M$852K50xas long as short
Variational Omni PAXG+0.0100%4h4,358.3+0.036%$12.5M$104Kas long as short
ApeX Omni PAXGUSDTshort+0.0100%1h4,355.5−0.029%$263K$785K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,355.7−0.023%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,354−0.062%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,354.3−0.057%$382K$1.7M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,358.3+0.036%$42K$157K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,355.5−0.029%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,355.7−0.023%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,366.2+0.217%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1024%1h4,366.2+0.218%$29K$23K10xas long as short