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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1204%/8h= +131.8% APRnext payment +$1.51 per $10,000 · paid last 24h +0.214%
Price spread now: 01 Exchange against Pacifica+0.233%7-day average · you sell dearer than you buy
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 3 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
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and 01 Exchange is 0.233% dearer against Pacifica than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,354.50.0100pay 0.0013% / 1h10m 30s$1.0M$344K10x
Short01 Exchange PAXGUSD4,364.60.1304get 0.0163% / 1h10m 30s$29K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$252.84
Price spread: +0.233% → 0.000%
$23.27
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$261.11
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 3 min ago; 01 Exchange: 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, 3 min ago0.46 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
dYdX PAXG-USD0.0000%1h4,350.7−0.086%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,356+0.035%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,347.2−0.168%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,355.9+0.033%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,354.2−0.005%$910K$645K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.165%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,354.3−0.004%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,353−0.033%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.103%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.5−0.021%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,354−0.011%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,354−0.011%$909K$27K50xas long as short
Pacifica PAXGlong+0.0100%1h4,354.5long leg$1.0M$344K10x
Binance PAXGUSDT+0.0100%4h4,354−0.010%$80.1M$67.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,354.9+0.010%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,349.8−0.108%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.1+0.038%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,354.6+0.003%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354−0.011%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,353.3−0.027%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,348.2−0.144%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.092%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.103%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,351.1−0.077%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,350−0.103%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.1−0.032%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.1−0.008%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.061%$975K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.1304%1h4,364.6+0.233%$29K$22K10x