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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Orderly against Pacifica−0.044%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.044% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,335.70.0100pay 0.0013% / 1h37m 30s$1.0M$348K10x
ShortOrderly PERP_PAXG_USDC_mythos4,333.80.0100get 0.0050% / 4h2h 37m$55610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.044% → 0.000%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.39
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; Orderly: no order-book sample. 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, 1 min ago0.12 bp5.0 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hibachi PAXG/USDT-P−0.0168%1h4,337.6+0.043%$46K$158K20xas long as short
Kraken Futures PF_PAXGUSD−0.0101%1h4,334.2−0.034%$1.2M$1.5M20xas long as short
Lighter PAXG−0.0088%1h4,332.6−0.072%$1.4M$379K25xas long as short
ApeX Omni PAXGUSDT−0.0025%1h4,335−0.016%$262K$782K50xas long as short
dYdX PAXG-USD0.0000%1h4,338+0.053%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,335.70.000%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,330−0.132%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.4+0.040%$7.9M$843K50xas long as short
HTX PAXG-USDT0.0000%4h4,340.6+0.112%$903K$699K75xas long as short
GRVT PAXG_USDT_Perp+0.0028%4h4,336.6+0.020%$1.5M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.268%$1K$151K30xas long as short
Extended PAXG-USD+0.0040%1h4,333.8−0.045%$379K$1.4M25xas long as short
MEXC PAXG_USDT+0.0042%4h4,337.4+0.038%$16.1M$1.0M100xas long as short
Binance PAXGUSDT+0.0042%4h4,333.6−0.049%$80.1M$70.8M75xas long as short
Hyperliquid PAXG+0.0072%1h4,334.9−0.018%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0074%4h4,335.70.000%$904K$26K50xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,333.5−0.052%$81K$3.4M50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,333.8−0.044%$55610x
Pacifica PAXGlong+0.0100%1h4,335.7long leg$1.0M$348K10x
Bybit PAXGUSDT+0.0100%4h4,334.3−0.033%$14.9M$3.9M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,337.5+0.041%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,333.7−0.046%$9.7M$15.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,334.3−0.032%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,335.2−0.012%$1.3M$798K50xas long as short
Variational Omni PAXG+0.0100%4h4,342.2+0.151%$12.3M$222Kas long as short
Phemex PAXGUSDT+0.0100%4h4,334−0.039%$1.5M$33K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.1−0.036%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h4,347.5+0.273%$956K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0784%1h4,345.5+0.226%$29K$24K10xas long as short