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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Pacifica−0.010%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.010%, 7d avg −0.008%
Together, before fees−0.032%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,344.80.0100pay 0.0013% / 1h6m 17s$1.0M$342K10x
ShortBingX PAXG-USDT4,344.40.0100get 0.0050% / 4h2h 06m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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% → −0.008%
−$0.21
Slippage, 4 orders
−$3.06
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$21.27
Costs to cover
0.211%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; BingX: live order book, 1 min ago.

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, 3 min ago0.12 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago0.07 bp5.1 bp −$55.6 bp −$569.5 bp −$95026.2 bp −$13.1K

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%1h4,343.8−0.024%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,345.3+0.010%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,339.2−0.129%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,347.4+0.060%$7.9M$870K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.1+0.052%$905K$642K75xas long as short
Hibachi PAXG/USDT-P+0.0032%1h4,342−0.067%$42K$156K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.056%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0054%4h4,341.3−0.081%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,343.6−0.030%$1.4M$305K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,344−0.018%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,344.6−0.006%$20.7M$2.2M10xas long as short
Aster PAXGUSDT+0.0100%4h4,343.8−0.024%$906K$30K50xas long as short
Pacifica PAXGlong+0.0100%1h4,344.8long leg$1.0M$342K10x
Binance PAXGUSDT+0.0100%4h4,344.2−0.016%$80.0M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,345.6+0.017%$15.1M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,344.6−0.005%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,346.9+0.047%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,344.5−0.009%$9.6M$15.1M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,344.4−0.010%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,344−0.019%$1.3M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,343.8−0.024%$12.5M$109Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,340.7−0.095%$263K$791K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,343.6−0.029%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,343−0.043%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,343.1−0.039%$378K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,344−0.019%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0247%1h4,344.5−0.009%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,348.5+0.085%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,354.9+0.231%$29K$23K10xas long as short