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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.033%
Price spread now: Aster against Reya+0.008%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 airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PAXGRUSDPERP4,338.10.0189pay 0.0024% / 1h28m 12s$21K100x
ShortAster PAXGUSDT4,338.40.0100get 0.0050% / 4h2h 28m$906K$76K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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: +0.008% → 0.000%
$0.8
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.99
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Aster: live order book, 59 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 Aster live order book, 59 min ago0.66 bp4.7 bp −$55.1 bp −$51doesn'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 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−0.0101%1h4,337−0.025%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0032%1h4,337.8−0.007%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,339.9+0.042%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,339.8+0.040%$15.7M$4.2M100xas long as short
SunX PAXG-USDT0.0000%4h4,334.8−0.075%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,341.8+0.086%$7.9M$837K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.8+0.110%$907K$657K75xas long as short
Lighter PAXG+0.0096%1h4,336.9−0.026%$1.4M$520K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,337.8−0.006%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,338.1+0.001%$20.3M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,338.4+0.008%$906K$76K50x
Pacifica PAXG+0.0100%1h4,339.2+0.026%$1.0M$351K10xas long as short
Binance PAXGUSDT+0.0100%4h4,337.6−0.012%$79.9M$70.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,338.5+0.011%$14.8M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,339.3+0.028%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,340.4+0.055%$26.7M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,338.3+0.006%$9.2M$14.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,338.4+0.007%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.7+0.013%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,337.1−0.024%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,337.4−0.016%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,335.6−0.056%$262K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,338−0.002%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,335−0.071%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,337.2−0.021%$377K$1.2M25xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,338.1long leg$21K100x
Kraken Futures PF_PAXGUSD+0.0224%1h4,338.3+0.005%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,343+0.113%$998K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1400%1h4,355.5+0.402%$29K$21K10xas long as short