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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.030%
Price spread now: Binance against Reya+0.012%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 · 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 PAXGRUSDPERP4,345.40.0189pay 0.0024% / 1h31m 15s$21K100x
ShortBinance PAXGUSDT4,345.90.0100get 0.0050% / 4h1h 31m$80.1M$70.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.012% → 0.000%
$1.19
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$33.6
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 11 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 Binance live order book, 11 min ago0.01 bp5.0 bp −$56.3 bp −$6310.1 bp −$1,012doesn'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
dYdX PAXG-USD0.0000%1h4,344.4−0.023%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,347.4+0.047%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,342−0.077%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.2+0.089%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.4+0.069%$905K$652K75xas long as short
Hibachi PAXG/USDT-P+0.0032%1h4,344.3−0.025%$42K$154K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.045%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0062%4h4,344.8−0.013%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0093%1h4,342.5−0.067%$263K$789K50xas long as short
Lighter PAXG+0.0096%1h4,345−0.009%$1.4M$348K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,345−0.009%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,346.2+0.019%$20.8M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,345.9+0.013%$907K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,346.6+0.028%$1.0M$340K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,345.9+0.012%$80.1M$70.5M75x
Bybit PAXGUSDT+0.0100%4h4,346.7+0.031%$15.0M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345.6+0.005%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,348.3+0.067%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,346.8+0.034%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,346.2+0.018%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,345.3−0.002%$1.3M$802K50xas long as short
Variational Omni PAXG+0.0100%4h4,343.1−0.052%$12.5M$104Kas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,344.7−0.015%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,344−0.031%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,344.7−0.016%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,346.7+0.032%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,345.4long leg$21K100x
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.7+0.099%$971K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0992%1h4,356.6+0.259%$29K$23K10xas long as short