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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.004%
Price spread now: Kraken Futures against Pacifica−0.026%7-day average +0.001% · 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+0.315%+$32 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.026%, 7d avg +0.001%
Together, before fees+0.416%+ Points / potential airdropPacifica: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.027% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.001%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,320.10.0100pay 0.0013% / 1h52m 07s$1.0M$330K10x
ShortKraken Futures PF_PAXGUSD4,3190.0263get 0.0033% / 1h52m 07s$1.2M$2.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$34.27
Price spread: −0.026% → +0.001%
−$2.66
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$13.61
Costs to cover
0.180%
Break-even
4.2 days
Slippage unknown: Pacifica: live order book, 5 min ago; Kraken Futures: live order book, 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 Pacifica live order book, 5 min ago0.69 bp5.9 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago0.46 bp8.0 bp −$813.2 bp −$13232.9 bp −$3,287doesn't fit

PAXG on 29 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PAXG−0.0024%1h4,317−0.073%$1.4M$495K25xas long as short
dYdX PAXG-USD−0.0004%1h4,321.5+0.033%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,320.6+0.011%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,313.8−0.146%$2K$2.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321.9+0.041%$7.9M$203K50xas long as short
HTX PAXG-USDT0.0000%4h4,321.2+0.026%$910K$825K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.629%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0047%1h4,318.9−0.027%$261K$798K50xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,317.8−0.054%$80K$4.2M50xas long as short
Hyperliquid PAXG+0.0100%1h4,318.5−0.037%$21.3M$2.5M10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,320−0.003%$903K$42K50xas long as short
Pacifica PAXGlong+0.0100%1h4,320.1long leg$1.0M$330K10x
Binance PAXGUSDT+0.0100%4h4,318.9−0.028%$80.2M$80.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,319.5−0.014%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,327.8+0.177%$16.5M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,321.5+0.032%$28.8M$6.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,318.8−0.030%$9.2M$16.7M50xas long as short
BingX PAXG-USDT+0.0100%4h4,319.9−0.004%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,319.2−0.022%$1.2M$859K50xas long as short
Variational Omni PAXG+0.0100%4h4,318.4−0.040%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,319.8−0.008%$1.5M$2.0M10xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,317.9−0.051%$55410xas long as short
Phemex PAXGUSDT+0.0100%4h4,320−0.003%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,318.2−0.044%$376K$1.8M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,318.2−0.045%$20K100xas long as short
Hibachi PAXG/USDT-P+0.0192%1h4,319−0.026%$45K$178K20xas long as short
Kraken Futures PF_PAXGUSDshort+0.0263%1h4,319−0.026%$1.2M$2.1M20x
Coinbase International PAXG-PERP-INTX+0.0280%1h4,331.7+0.268%$933K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0960%1h4,329.7+0.222%$29K$23K10xas long as short