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 −0.009%
Price spread now: Bitget against Orderly+0.015%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,345.50.0100pay 0.0050% / 4h1h 43m$55810x
ShortBitget PAXGUSDT4,346.20.0100get 0.0050% / 4h1h 43m$9.3M$13.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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: +0.015% → 0.000%
$1.5
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$16.5
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 5 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 Orderly no order-book sample
Sell Bitget live order book, 5 min ago0.01 bp8.0 bp −$812.0 bp −$120doesn't fitdoesn't fit
Orderly: 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
dYdX PAXG-USD0.0000%1h4,343.7−0.041%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,347.6+0.048%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,340.6−0.113%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.2+0.085%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.6+0.049%$909K$655K75xas long as short
Hibachi PAXG/USDT-P+0.0032%1h4,346+0.013%$47K$142K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.196%$1K$121K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,346.9+0.031%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,344.6−0.020%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,344.9−0.013%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,345.5+0.001%$20.3M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,345.50.000%$907K$28K50xas long as short
Pacifica PAXG+0.0100%1h4,346.6+0.025%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,345.1−0.009%$80.0M$67.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,345.7+0.006%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.4−0.071%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,347.5+0.045%$26.8M$5.3M30xas long as short
Bitget PAXGUSDTshort+0.0100%4h4,346.2+0.015%$9.3M$13.3M50x
BingX PAXG-USDT+0.0100%4h4,345.50.000%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,346.5+0.024%$1.4M$952K50xas long as short
Variational Omni PAXG+0.0100%4h4,345.3−0.004%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,346+0.012%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,344.4−0.025%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,345.5long leg$55810x
Phemex PAXGUSDT+0.0100%4h4,340−0.127%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,344.4−0.026%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,345.3−0.005%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,347.6+0.049%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1424%1h4,363.5+0.414%$29K$21K10xas long as short