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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Pacifica+0.027%46s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.005%−$1 · spread now +0.027%, 7d avg +0.022%
Together, before fees−0.004%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,357.30.0100pay 0.0013% / 1h37m 55s$1.0M$368K10x
ShortKuCoin PAXGUSDTM4,358.50.0100get 0.0050% / 4h3h 37m$28.4M$5.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.027% → +0.022%
$0.47
Slippage, 4 orders
−$6.37
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.9
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; KuCoin: live order book, 11 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, 1 min ago0.12 bp5.3 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago0.01 bp7.0 bp −$712.0 bp −$120doesn'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%1h4,359.2+0.044%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.6+0.030%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,352.3−0.116%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,360.3+0.068%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,363.9+0.152%$907K$661K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.230%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,355.6−0.040%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,355.7−0.037%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,356.5−0.019%$20.8M$2.1M10xas long as short
Aster PAXGUSDT+0.0100%4h4,358.1+0.018%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXGlong+0.0100%1h4,357.3long leg$1.0M$368K10x
Binance PAXGUSDT+0.0100%4h4,356.2−0.024%$80.2M$71.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,357.5+0.004%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.4+0.002%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTMshort+0.0100%4h4,358.5+0.027%$28.4M$5.6M30x
Bitget PAXGUSDT+0.0100%4h4,357−0.007%$9.7M$15.6M50xas long as short
BingX PAXG-USDT+0.0100%4h4,357−0.008%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357.3−0.001%$1.4M$856K50xas long as short
Variational Omni PAXG+0.0100%4h4,359.4+0.047%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,361+0.085%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,356.1−0.027%$263K$785K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,356.4−0.021%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,355−0.053%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,355.3−0.046%$379K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,357.5+0.004%$42K$157K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.4+0.001%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,357.2−0.003%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,366.2+0.204%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1032%1h4,367.1+0.225%$29K$23K10xas long as short