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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Pacifica−0.083%7-day average −0.067% · 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+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.083%, 7d avg −0.067%
Together, before fees+0.038%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,354.60.0100pay 0.0013% / 1h9m 12s$1.0M$344K10x
ShortPhemex PAXGUSDT4,3510.0100get 0.0050% / 4h1h 09m$1.5M$38K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.083% → −0.067%
−$1.53
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$21.53
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; Phemex: live order book, 4 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 ago0.46 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago5.75 bp27.1 bp −$27doesn't fitdoesn'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%1h4,354.3−0.007%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,356.8+0.050%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,349.5−0.117%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,358.5+0.089%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,357.1+0.057%$911K$646K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.168%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,356.6+0.045%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,353.7−0.020%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,354.2−0.010%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,354.8+0.004%$20.4M$1.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,355.1+0.012%$909K$27K50xas long as short
Pacifica PAXGlong+0.0100%1h4,354.6long leg$1.0M$344K10x
Binance PAXGUSDT+0.0100%4h4,354.9+0.007%$80.2M$67.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,355.6+0.022%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,350.7−0.090%$15.9M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.1+0.035%$26.9M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,355.2+0.013%$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354.8+0.005%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355.6+0.022%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,352.6−0.047%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.095%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.107%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,354.5−0.002%$55910xas long as short
Phemex PAXGUSDTshort+0.0100%4h4,351−0.083%$1.5M$38K50x
Extended PAXG-USD+0.0104%1h4,354−0.013%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0104%1h4,353.8−0.019%$47K$139K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.7+0.002%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,357.4+0.063%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1296%1h4,365.4+0.248%$29K$22K10xas long as short