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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0089%/8h= −9.8% APRnext payment $0.11 per $10,000 · paid last 24h −0.034%
Price spread now: ApeX Omni against Reya+0.073%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.073% dearer against Reya than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PAXGRUSDPERP4,331.90.0189pay 0.0024% / 1h53m 28s$20K100x
ShortApeX Omni PAXGUSDT4,3350.0100get 0.0013% / 1h53m 28s$262K$798K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$18.79
Price spread: +0.073% → 0.000%
$7.26
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$27.53
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 58 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 Reya no order-book sample
Sell ApeX Omni live order book, 58 min ago2.54 bp7.8 bp −$880.0 bp −$800doesn't fitdoesn't fit
Reya: 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 exchanges

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-USD−0.0908%1h4,332.7+0.020%$117K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,335.8+0.091%$15.7M$4.0M100xas long as short
SunX PAXG-USDT0.0000%4h4,331.2−0.016%$2K$2.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,338.3+0.149%$7.9M$180K50xas long as short
HTX PAXG-USDT0.0000%4h4,338.2+0.146%$913K$821K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.356%$1K$151K30xas long as short
Lighter PAXG+0.0040%1h4,332+0.003%$1.4M$498K25xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,332+0.004%$80K$4.3M50xas long as short
Hyperliquid PAXG+0.0100%1h4,333.6+0.040%$21.3M$2.5M10xas long as short
Aster PAXGUSDT+0.0100%4h4,334.9+0.070%$907K$41K50xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,335.5+0.085%$1.0M$303K10xas long as short
Binance PAXGUSDT+0.0100%4h4,333+0.026%$80.2M$81.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,333.4+0.035%$14.9M$4.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,336.4+0.103%$16.6M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,337.4+0.127%$28.9M$5.9M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,332.6+0.017%$9.2M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,334.7+0.065%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,334.7+0.064%$1.2M$872K50xas long as short
Variational Omni PAXG+0.0100%4h4,332.7+0.020%$12.2M$279Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,336.2+0.100%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTshort+0.0100%1h4,335+0.073%$262K$798K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,335+0.072%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,329−0.066%$1.5M$81K50xas long as short
Extended PAXG-USD+0.0104%1h4,332.8+0.022%$374K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,335.7+0.089%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,331.9long leg$20K100x
Coinbase International PAXG-PERP-INTX+0.0264%1h4,332.6+0.016%$934K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0312%1h4,334.3+0.055%$43K$181K20xas long as short
01 Exchange PAXGUSD+0.0952%1h4,344.4+0.289%$29K$23K10xas long as short