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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Paradex+0.059%47s7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 7 days+0.098%+$10 · spread now +0.059%, 7d avg +0.076%
Together, before fees+0.099%+ Points / potential airdropParadex: Active · farm board+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,338.10.0100pay 0.0100% / 8h5h 03m$80K$3.7M50x
ShortKuCoin PAXGUSDTM4,340.60.0100get 0.0050% / 4h1h 03m$28.5M$5.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.059% → +0.076%
−$1.75
Slippage, 4 orders
−$9.77
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$27.52
Costs to cover
0.258%
Break-even
24732670.5 days
Slippage from Paradex: live order book, just now; KuCoin: live order book, 5 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, just now2.25 bp4.2 bp −$4107.9 bp −$1,079doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.39 bp9.1 bp −$914.9 bp −$149doesn'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
Hibachi PAXG/USDT-P−0.0088%1h4,339+0.020%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3+0.074%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,340.5+0.056%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,333.4−0.108%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.9+0.065%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,345.1+0.161%$905K$668K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.212%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,343+0.113%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,338−0.002%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERPlong+0.0100%8h4,338.1long leg$80K$3.7M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,339.7+0.037%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,339.7+0.037%$905K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,340.2+0.048%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,338.9+0.018%$80.1M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,339.2+0.025%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,340.5+0.057%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTMshort+0.0100%4h4,340.6+0.059%$28.5M$5.3M30x
Bitget PAXGUSDT+0.0100%4h4,339.3+0.029%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,339.4+0.030%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.2+0.002%$1.3M$801K50xas long as short
Variational Omni PAXG+0.0100%4h4,339.2+0.026%$12.4M$99Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,342+0.090%$263K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.6−0.011%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,336−0.048%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,336.5−0.035%$380K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,338.3+0.005%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,337.8−0.007%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.344%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1008%1h4,349.1+0.254%$29K$23K10xas long as short