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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.031%
Price spread now: Extended against Reya+0.020%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 · Extended: 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 PAXGRUSDPERP4,357.40.0189pay 0.0024% / 1h42m 55s$21K100x
ShortExtended PAXG-USD4,358.30.0104get 0.0013% / 1h42m 55s$378K$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$17.95
Price spread: +0.020% → 0.000%
$1.99
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.96
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Extended: live order book, just now. 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 Extended live order book, just now0.12 bp2.7 bp −$34.1 bp −$41doesn'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−0.0007%1h4,347.3−0.232%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.021%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,359.8+0.055%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.1−0.098%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,361.7+0.098%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,361.4+0.091%$911K$634K75xas long as short
Lighter PAXG+0.0096%1h4,357.40.000%$1.4M$270K25xas long as short
ApeX Omni PAXGUSDT+0.0097%1h4,354.4−0.070%$263K$796K50xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,356.5−0.020%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,359.4+0.046%$20.4M$1.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,357.9+0.011%$909K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,359+0.036%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,359.1+0.039%$80.0M$68.5M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,359.4+0.045%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,356.7−0.015%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.1+0.039%$27.0M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,360.2+0.065%$9.9M$14.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,359.3+0.043%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,359.9+0.057%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,357.9+0.012%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.6−0.041%$1.5M$1.9M10xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,357.5+0.002%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,359+0.037%$1.5M$38K50xas long as short
Extended PAXG-USDshort+0.0104%1h4,358.3+0.020%$378K$1.2M25x
Hibachi PAXG/USDT-P+0.0152%1h4,357.5+0.002%$48K$141K20xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,357.4long leg$21K100x
Kraken Futures PF_PAXGUSD+0.0286%1h4,359.7+0.054%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,362.5+0.118%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,368+0.243%$29K$23K10xas long as short