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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0996%/8h= +109.1% APRpaid last 24h +0.247%
Price spread now: 01 Exchange against MEXC+0.115%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and 01 Exchange is 0.115% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,320.90.0076pay 0.0038% / 4h2h 18m$16.6M$1.3M100x
Short01 Exchange PAXGUSD4,325.90.1072get 0.0134% / 1h18m 26s$29K$24K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$209.16
Price spread: +0.115% → 0.000%
$11.55
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$209.71
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: MEXC: live order book, 3 min ago; 01 Exchange: no order-book sample. 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 MEXC live order book, 3 min ago1.94 bp4.6 bp −$516.1 bp −$16154.8 bp −$5,48294.6 bp −$47.3K
Sell 01 Exchange no order-book sample
01 Exchange: 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 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
dYdX PAXG-USD−0.0012%1h4,313.5−0.172%$115K$15K5xas long as short
Gate PAXG_USDT0.0000%8h4,317.7−0.074%$15.6M$4.0M100xas long as short
SunX PAXG-USDT0.0000%4h4,313.3−0.177%$2K$2.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321+0.001%$7.9M$211K50xas long as short
HTX PAXG-USDT0.0000%4h4,319.1−0.043%$909K$808K75xas long as short
Lighter PAXG+0.0024%1h4,313.9−0.162%$1.4M$501K25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.611%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0064%4h4,314−0.160%$1.5M$1.9M10xas long as short
MEXC PAXG_USDTlong+0.0076%4h4,320.9long leg$16.6M$1.3M100x
Bitget PAXGUSDT+0.0076%4h4,315.7−0.121%$9.2M$16.6M50xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0079%4h4,315.7−0.121%$80.0M$80.0M75xas long as short
Extended PAXG-USD+0.0080%1h4,314.4−0.151%$374K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0085%1h4,317.8−0.072%$1.2M$2.1M20xas long as short
Aster PAXGUSDT+0.0096%4h4,315.5−0.126%$903K$41K50xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,314.2−0.156%$80K$4.3M50xas long as short
Hyperliquid PAXG+0.0100%1h4,315.3−0.130%$21.2M$2.5M10xas long as short
Pacifica PAXG+0.0100%1h4,317−0.089%$1.0M$314K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,315.1−0.134%$14.9M$4.6M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,318.2−0.062%$28.8M$5.7M30xas long as short
BingX PAXG-USDT+0.0100%4h4,316.5−0.102%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,316.2−0.109%$1.2M$866K50xas long as short
Variational Omni PAXG+0.0100%4h4,314.3−0.154%$12.2M$298Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,314.8−0.141%$261K$801K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,316−0.114%$55410xas long as short
Phemex PAXGUSDT+0.0100%4h4,315−0.137%$1.5M$81K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,314.7−0.143%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,324.2+0.075%$932K$1.0M50xas long as short
Hibachi PAXG/USDT-P+0.0312%1h4,316.5−0.102%$43K$181K20xas long as short
01 Exchange PAXGUSDshort+0.1072%1h4,325.9+0.115%$29K$24K10x