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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Phemex+0.047%7-day average +0.051% · 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)0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.047%, 7d avg +0.051%
Together, before fees+0.009%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex PAXGUSDT4,3560.0100pay 0.0050% / 4h50m 46s$1.5M$38K50x
ShortVariational Omni PAXG4,358.10.0100get 0.0050% / 4h50m 46s$12.5M$104K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Phemex. 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: +0.047% → +0.051%
−$0.33
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.33
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Phemex live order book, 2 min ago5.74 bp25.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.83 bpdoesn't fit8.3 bp −$83doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.200%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.053%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,360.6+0.106%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.9−0.049%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,362.3+0.145%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,361.4+0.123%$911K$634K75xas long as short
Lighter PAXG+0.0088%1h4,357.7+0.039%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,358.1+0.047%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,358.8+0.064%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,358.5+0.058%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,360.1+0.093%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,358.4+0.056%$80.0M$68.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,359.2+0.073%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.1+0.024%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,361+0.115%$27.0M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,360+0.092%$9.9M$13.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,359.7+0.085%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,359.9+0.088%$1.4M$955K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,358.1+0.047%$12.5M$104K
GRVT PAXG_USDT_Perp+0.0100%4h4,360.1+0.093%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,357.2+0.027%$263K$795K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,358.5+0.057%$55910xas long as short
Phemex PAXGUSDTlong+0.0100%4h4,356long leg$1.5M$38K50x
Extended PAXG-USD+0.0104%1h4,357.5+0.035%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,359.7+0.084%$48K$139K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,359.1+0.070%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,360.2+0.095%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,362.5+0.150%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1040%1h4,369.8+0.317%$29K$23K10xas long as short