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 +0.002%
Price spread now: Variational Omni against Orderly−0.007%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 airdropVariational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,337.80.0100pay 0.0050% / 4h49m 38s$55710x
ShortVariational Omni PAXG4,337.50.0100get 0.0050% / 4h49m 38s$12.4M$97K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.007% → 0.000%
−$0.71
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.71
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 5 min ago2.84 bpdoesn't fit6.7 bp −$67doesn'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−0.0128%1h4,337.7−0.002%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,337.7−0.001%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,339.7+0.044%$15.6M$3.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,334.8−0.068%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.5+0.061%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.4+0.105%$904K$671K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.219%$1K$151K30xas long as short
Lighter PAXG+0.0072%1h4,335.4−0.055%$1.4M$347K25xas long as short
GRVT PAXG_USDT_Perp+0.0092%4h4,339.6+0.042%$1.5M$1.9M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,335.7−0.047%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,337.2−0.014%$20.7M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,338.1+0.008%$905K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,337.9+0.002%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,336.2−0.038%$80.1M$70.5M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,337.2−0.014%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,339.8+0.047%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.7+0.044%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,336.6−0.027%$9.6M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,337.9+0.002%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,337.4−0.009%$1.3M$799K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,337.5−0.007%$12.4M$97K
ApeX Omni PAXGUSDT+0.0100%1h4,337.4−0.009%$262K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,337.8long leg$55710x
Phemex PAXGUSDT+0.0100%4h4,338+0.005%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,335.2−0.061%$380K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,336.9−0.021%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,337.6−0.004%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,342.3+0.103%$967K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0992%1h4,348.7+0.251%$29K$23K10xas long as short