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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Orderly+0.060%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.060% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,366.70.0100pay 0.0050% / 4h3h 54m$56010x
ShortKuCoin PAXGUSDTM4,369.30.0100get 0.0050% / 4h3h 54m$28.5M$5.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.060% → 0.000%
$6.02
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.98
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago0.63 bp8.0 bp −$811.8 bp −$118doesn'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%1h4,367.1+0.009%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,369.3+0.060%$15.8M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,362.1−0.106%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,370.3+0.083%$8.0M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,369.2+0.058%$912K$657K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.444%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,365.9−0.019%$1.4M$265K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,366.6−0.001%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,366.4−0.007%$20.5M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,367.3+0.013%$911K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,368+0.031%$1.0M$365K10xas long as short
Binance PAXGUSDT+0.0100%4h4,366.6−0.001%$80.3M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,367.9+0.028%$15.1M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,365.1−0.036%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTMshort+0.0100%4h4,369.3+0.060%$28.5M$5.6M30x
Bitget PAXGUSDT+0.0100%4h4,367.6+0.020%$9.7M$15.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,367.1+0.010%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,368.8+0.048%$1.4M$973K50xas long as short
Variational Omni PAXG+0.0100%4h4,369.4+0.061%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,369.6+0.066%$1.6M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,367.7+0.023%$264K$793K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,366.7long leg$56010x
Phemex PAXGUSDT+0.0100%4h4,362−0.108%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,365.9−0.019%$379K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,367.4+0.016%$42K$155K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,367+0.008%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,367.6+0.022%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,371.6+0.112%$977K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1048%1h4,377.3+0.243%$29K$23K10xas long as short