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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against Orderly−0.011%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,337.10.0100pay 0.0050% / 4h2h 25m$55610x
ShortExtended PAXG-USD4,336.60.0104get 0.0013% / 1h25m 23s$377K$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.011% → 0.000%
−$1.09
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.25
Costs to cover
0.110%
Break-even
100.8 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn'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
Injective PAXG/USDC PERP−0.0101%1h4,337−0.002%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0032%1h4,337.4+0.007%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,339.9+0.065%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,339.3+0.051%$15.7M$4.2M100xas long as short
SunX PAXG-USDT0.0000%4h4,334.6−0.058%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,341.8+0.109%$7.9M$837K50xas long as short
HTX PAXG-USDT0.0000%4h4,341.9+0.110%$906K$657K75xas long as short
Lighter PAXG+0.0096%1h4,336.2−0.021%$1.4M$520K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,336.9−0.004%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,337.4+0.007%$20.3M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,337.6+0.013%$906K$76K50xas long as short
Pacifica PAXG+0.0100%1h4,338.3+0.029%$1.0M$351K10xas long as short
Binance PAXGUSDT+0.0100%4h4,337.2+0.002%$79.9M$70.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,337.5+0.009%$14.8M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,338.8+0.038%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.5+0.056%$26.7M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,337.5+0.008%$9.2M$14.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,337.9+0.017%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.8+0.039%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,337.1−0.001%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,337.7+0.014%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,336.7−0.009%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,337.1long leg$55610x
Phemex PAXGUSDT+0.0100%4h4,335−0.048%$1.5M$38K50xas long as short
Extended PAXG-USDshort+0.0104%1h4,336.6−0.011%$377K$1.2M25x
Reya PAXGRUSDPERP+0.0189%1h4,337.4+0.006%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,338.2+0.026%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,343+0.135%$998K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1400%1h4,354.9+0.410%$29K$21K10xas long as short