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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.027%
Price spread now: Reya against Orderly−0.002%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,3440.0100pay 0.0050% / 4h2h 04m$55710x
ShortReya PAXGRUSDPERP4,343.90.0189get 0.0024% / 1h4m 00s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.79
Price spread: −0.002% → 0.000%
−$0.24
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Reya: 3 bp × 2 orders
−$6
Net
$6.54
Costs to cover
0.120%
Break-even
4.6 days
Slippage unknown: Orderly: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample
Orderly and Reya: 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%1h4,343.8−0.005%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,346+0.046%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,340.2−0.088%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,347.3+0.077%$7.9M$870K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.2+0.075%$905K$644K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.076%$1K$151K30xas long as short
Hibachi PAXG/USDT-P+0.0040%1h4,344.9+0.022%$42K$156K20xas long as short
GRVT PAXG_USDT_Perp+0.0054%4h4,341.3−0.061%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,343.5−0.012%$1.4M$305K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,344.4+0.010%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,344.9+0.021%$20.7M$2.2M10xas long as short
Aster PAXGUSDT+0.0100%4h4,3440.000%$906K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,344.7+0.016%$1.0M$342K10xas long as short
Binance PAXGUSDT+0.0100%4h4,344.5+0.010%$80.0M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,345.9+0.044%$15.1M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345+0.023%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,346.7+0.063%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,344.4+0.009%$9.6M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,345+0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,345.2+0.027%$1.3M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,344.6+0.014%$12.5M$109Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,343.5−0.012%$263K$791K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,344long leg$55710x
Phemex PAXGUSDT+0.0100%4h4,342−0.046%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,343.1−0.021%$378K$1.4M25xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,343.9−0.002%$21K100x
Kraken Futures PF_PAXGUSD+0.0247%1h4,344.5+0.012%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,346.8+0.065%$971K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,354.5+0.242%$29K$23K10xas long as short