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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against Paradex+0.006%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.006%, 7d avg +0.006%
Together, before fees+0.002%+ Points / potential airdropParadex: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,358.60.0100pay 0.0100% / 8h49m 26s$81K$3.7M50x
ShortBinance PAXGUSDT4,358.80.0100get 0.0050% / 4h49m 26s$80.0M$68.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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: +0.006% → +0.006%
−$0.03
Slippage, 4 orders
−$4.59
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.62
Costs to cover
0.186%
Break-even
92935.0 days
Slippage from Paradex: live order book, 5 min ago; Binance: live order book, 8 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 Paradex live order book, 5 min ago2.28 bp4.3 bp −$496.0 bp −$960doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.01 bp5.0 bp −$55.1 bp −$518.9 bp −$892doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.259%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3−0.006%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,361+0.056%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.7−0.112%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,362.6+0.091%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,361.4+0.064%$911K$634K75xas long as short
Lighter PAXG+0.0096%1h4,358.3−0.007%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERPlong+0.0100%8h4,358.6long leg$81K$3.7M50x
Hyperliquid PAXG+0.0100%1h4,359.4+0.019%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,358.7+0.004%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,360.5+0.045%$1.0M$344K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,358.8+0.006%$80.0M$68.3M75x
Bybit PAXGUSDT+0.0100%4h4,359.9+0.031%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357−0.035%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,361.5+0.067%$27.0M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,360+0.032%$9.9M$13.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,359.8+0.027%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,359.7+0.027%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,358.7+0.003%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,359.2+0.015%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,358.3−0.006%$264K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,358.6+0.001%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,356−0.059%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,358.2−0.009%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,359.5+0.021%$48K$139K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,359.4+0.018%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,360.4+0.041%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,362.5+0.091%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1024%1h4,370.2+0.267%$29K$23K10xas long as short