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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against MEXC+0.033%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$220.216% 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 4 days (all we have)−0.124%−$12 · spread now +0.033%, 7d avg −0.121%
Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · farm board−$10 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: Aster is 0.154% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,3450.0100pay 0.0050% / 4h1h 35m$16.0M$1.2M100x
ShortAster PAXGUSDT4,346.40.0100get 0.0050% / 4h1h 35m$907K$28K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: +0.033% → −0.121%
$15.39
Slippage, 4 orders
−$9.64
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$6.25
Costs to cover
0.216%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 48 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, 3 min ago0.01 bp9.9 bp −$1033.4 bp −$33471.0 bp −$7,098125.2 bp −$62.6K
Sell Aster live order book, 48 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn'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%1h4,347.3+0.052%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349+0.092%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.2−0.088%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,351.2+0.144%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.8+0.087%$909K$653K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.184%$1K$121K30xas long as short
Hibachi PAXG/USDT-P+0.0048%1h4,348.2+0.073%$47K$141K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,348.7+0.086%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,345.8+0.018%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,346+0.022%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,346.5+0.035%$20.3M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,346.4+0.033%$907K$28K50x
Pacifica PAXG+0.0100%1h4,347.8+0.065%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,346.8+0.041%$80.0M$67.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,346.9+0.043%$15.2M$3.6M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h4,345long leg$16.0M$1.2M100x
KuCoin PAXGUSDTM+0.0100%4h4,348.8+0.087%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,346.8+0.042%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.1+0.048%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,347.9+0.067%$1.4M$953K50xas long as short
Variational Omni PAXG+0.0100%4h4,346.7+0.038%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,347.4+0.055%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,346.4+0.032%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347+0.046%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.092%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346+0.023%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,346.3+0.031%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.1+0.094%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1432%1h4,364+0.437%$29K$21K10xas long as short