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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.037%
Price spread now: dYdX against Orderly+0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,310.10.0100pay 0.0050% / 4h3h 47m$55310x
ShortdYdX PAXG-USD4,310.30get 0.0000% / 1h47m 12s$101K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.005% → 0.000%
$0.51
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$36.49
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 52 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 dYdX live order book, 52 min ago89.55 bp94.6 bp −$95140.9 bp −$1,409236.9 bp −$23.7K698.1 bp −$349.0K
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
Lighter PAXG−0.0208%1h4,308.1−0.047%$1.4M$608K25xas long as short
Hibachi PAXG/USDT-P−0.0168%1h4,309.9−0.004%$42K$172K20xas long as short
Kraken Futures PF_PAXGUSD−0.0097%1h4,311+0.022%$1.2M$1.7M20xas long as short
GRVT PAXG_USDT_Perp−0.0074%4h4,310.7+0.014%$1.5M$1.9M10xas long as short
dYdX PAXG-USDshort0.0000%1h4,310.3+0.005%$101K$12K5x
Gate PAXG_USDT0.0000%8h4,312+0.044%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,305.8−0.101%$2K$3.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,313.9+0.088%$7.9M$599K50xas long as short
HTX PAXG-USDT0.0000%4h4,313.5+0.079%$904K$809K75xas long as short
MEXC PAXG_USDT+0.0020%4h4,316.6+0.151%$16.6M$1.2M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0021%4h4,310.10.000%$80.2M$79.7M75xas long as short
Extended PAXG-USD+0.0024%1h4,308.9−0.028%$377K$1.6M25xas long as short
Aster PAXGUSDT+0.0030%4h4,310.4+0.006%$900K$32K50xas long as short
Bitget PAXGUSDT+0.0032%4h4,309.9−0.005%$9.4M$16.0M50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.863%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0096%8h4,309.3−0.018%$85K$4.1M50xas long as short
Hyperliquid PAXG+0.0100%1h4,310.6+0.011%$21.0M$2.5M10xas long as short
Pacifica PAXG+0.0100%1h4,310.7+0.015%$1.0M$304K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,310.7+0.014%$14.8M$4.3M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,311.5+0.031%$28.7M$5.4M30xas long as short
BingX PAXG-USDT+0.0100%4h4,310.8+0.017%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,309.3−0.018%$1.2M$857K50xas long as short
Variational Omni PAXG+0.0100%4h4,310.3+0.006%$12.2M$230Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,309.5−0.015%$261K$771K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,310.1long leg$55310x
Phemex PAXGUSDT+0.0100%4h4,309−0.026%$1.5M$66K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,309.8−0.008%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,309.1−0.023%$937K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0816%1h4,320.1+0.232%$29K$23K10xas long as short