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 −0.008%
Price spread now: Bitget against Pacifica−0.015%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 days−0.025%−$3 · spread now −0.015%, 7d avg −0.022%
Together, before fees−0.062%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,342.30.0100pay 0.0013% / 1h8m 34s$1.0M$342K10x
ShortBitget PAXGUSDT4,341.70.0100get 0.0050% / 4h2h 08m$9.6M$15.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.015% → −0.022%
$0.7
Slippage, 4 orders
−$5.5
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$24.8
Costs to cover
0.255%
Break-even
never at this rate
Slippage from Pacifica: live order book, just now; Bitget: live order book, 5 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, just now0.12 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.01 bp7.6 bp −$810.1 bp −$101doesn't fitdoesn'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%1h4,343.8+0.034%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,342.4+0.001%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,335.9−0.148%$2K$3.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,344.6+0.052%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.1+0.132%$904K$641K75xas long as short
Hibachi PAXG/USDT-P+0.0024%1h4,343.3+0.023%$42K$156K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.114%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0060%4h4,343.9+0.036%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,340.4−0.044%$1.4M$305K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,341−0.030%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,341.8−0.012%$20.7M$2.2M10xas long as short
Aster PAXGUSDT+0.0100%4h4,342.7+0.009%$906K$30K50xas long as short
Pacifica PAXGlong+0.0100%1h4,342.3long leg$1.0M$342K10x
Binance PAXGUSDT+0.0100%4h4,342.1−0.005%$80.0M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,342.6+0.005%$15.1M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,344+0.039%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,343.8+0.033%$28.5M$5.3M30xas long as short
Bitget PAXGUSDTshort+0.0100%4h4,341.7−0.015%$9.6M$15.1M50x
BingX PAXG-USDT+0.0100%4h4,342.4+0.002%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,341.5−0.018%$1.3M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,343.8+0.033%$12.5M$109Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,341.9−0.010%$263K$791K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,341.1−0.028%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,342−0.008%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,339.9−0.055%$378K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,341.3−0.025%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0248%1h4,341.4−0.021%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,348.5+0.143%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,352.2+0.227%$29K$23K10xas long as short