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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against Pacifica−0.010%7-day average −0.031% · 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 7 days−0.057%−$6 on $10k
Price spread, last 7 days−0.041%−$4 · spread now −0.010%, 7d avg −0.031%
Together, before fees−0.098%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against Pacifica than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,353.20.0100pay 0.0013% / 1h11m 44s$1.0M$344K10x
ShortBinance PAXGUSDT4,352.80.0100get 0.0050% / 4h1h 11m$80.1M$67.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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: −0.010% → −0.031%
$2.15
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.85
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; Binance: live order book, 16 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 Pacifica live order book, 2 min ago0.46 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.01 bp5.0 bp −$55.7 bp −$579.8 bp −$977doesn't fit

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%1h4,350.7−0.057%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,353.8+0.013%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,344.3−0.205%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,353.5+0.007%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,352.3−0.023%$910K$645K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.136%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,352.7−0.014%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,351.6−0.037%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.075%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,352.3−0.022%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,352.5−0.017%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,352.2−0.024%$908K$27K50xas long as short
Pacifica PAXGlong+0.0100%1h4,353.2long leg$1.0M$344K10x
Binance PAXGUSDTshort+0.0100%4h4,352.8−0.010%$80.1M$67.2M75x
Bybit PAXGUSDT+0.0100%4h4,353.6+0.009%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,349−0.098%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,354.8+0.035%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,353.4+0.005%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,352.2−0.024%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,351.8−0.034%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,348.2−0.116%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,348.2−0.116%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,347.5−0.133%$263K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,348.8−0.102%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,348−0.120%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,350.7−0.059%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,349.8−0.078%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.033%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1320%1h4,360.5+0.167%$29K$22K10xas long as short