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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0214%/8h= −23.4% APRnext payment $1.07 per $10,000 · paid last 24h −0.010%
Price spread now: GRVT against Orderly+0.013%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 fees+ Points / potential airdropGRVT: Active · farm boardneeds 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,334.60.0100pay 0.0050% / 4h3h 31m$55610x
ShortGRVT PAXG_USDT_Perp4,335.2−0.0114pay 0.0057% / 4h3h 31m$1.5M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$44.94
Price spread: +0.013% → 0.000%
$1.27
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$58.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 2 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 GRVT live order book, 2 min ago0.01 bp4.6 bp −$55.2 bp −$52doesn'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
Hibachi PAXG/USDT-P−0.0168%1h4,335.3+0.016%$42K$154K20xas long as short
Lighter PAXG−0.0160%1h4,333.4−0.029%$1.4M$368K25xas long as short
GRVT PAXG_USDT_Perpshort−0.0114%4h4,335.2+0.013%$1.5M$1.9M10x
ApeX Omni PAXGUSDT−0.0077%1h4,334.3−0.006%$262K$786K50xas long as short
dYdX PAXG-USD0.0000%1h4,334.8+0.004%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,336.7+0.048%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,329.5−0.117%$1K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,338.2+0.084%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.8+0.188%$903K$687K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.293%$1K$151K30xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PAXG-USD+0.0040%1h4,333.3−0.031%$378K$1.4M25xas long as short
Binance PAXGUSDT+0.0043%4h4,334.4−0.005%$79.9M$70.8M75xas long as short
MEXC PAXG_USDT+0.0044%4h4,337.5+0.067%$16.1M$1.0M100xas long as short
Kraken Futures PF_PAXGUSD+0.0065%1h4,335.5+0.021%$1.3M$1.4M20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,335+0.010%$81K$3.6M50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,334.6long leg$55610x
Hyperliquid PAXG+0.0100%1h4,334.5−0.002%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,334.3−0.007%$904K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,337.1+0.057%$1.0M$342K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,335.7+0.025%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,337.7+0.072%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,334.5−0.003%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,335.7+0.026%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,335+0.008%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,335+0.009%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,332−0.060%$1.5M$38K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.6−0.001%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,339.5+0.114%$987K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0960%1h4,345.5+0.251%$29K$24K10xas long as short