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

PAXG

all PAXG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.8% APRnext payment $0.11 per $10,000 · paid last 24h −0.027%
Price spread now: Pacifica against Reya+0.005%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 · Pacifica: 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 PAXGRUSDPERP4,340.30.0189pay 0.0024% / 1h45m 18s$21K100x
ShortPacifica PAXG4,340.50.0100get 0.0013% / 1h45m 18s$1.0M$339K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.005% → 0.000%
$0.49
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$32.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 4 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 Pacifica live order book, 4 min ago0.12 bp4.3 bp −$4doesn't fitdoesn'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
Hibachi PAXG/USDT-P−0.0120%1h4,339.4−0.021%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,337.7−0.059%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,342.1+0.041%$15.6M$3.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,337.5−0.065%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,343.9+0.083%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,343.8+0.080%$904K$672K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.161%$1K$151K30xas long as short
Lighter PAXG+0.0088%1h4,339.2−0.025%$1.4M$347K25xas long as short
GRVT PAXG_USDT_Perp+0.0090%4h4,336.7−0.083%$1.5M$1.9M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,340.5+0.004%$81K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,341.3+0.023%$20.8M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340.6+0.006%$905K$30K50xas long as short
Pacifica PAXGshort+0.0100%1h4,340.5+0.005%$1.0M$339K10x
Binance PAXGUSDT+0.0100%4h4,340.30.000%$80.2M$70.5M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,341.2+0.021%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.6+0.029%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,343.8+0.081%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,341.6+0.029%$9.7M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,340.30.000%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,340−0.007%$1.3M$799K50xas long as short
Variational Omni PAXG+0.0100%4h4,339.2−0.024%$12.4M$97Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,337.8−0.057%$262K$788K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,340−0.007%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,338−0.053%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,339.2−0.026%$379K$1.4M25xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,340.3long leg$21K100x
Kraken Futures PF_PAXGUSD+0.0210%1h4,341.5+0.027%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,342.3+0.045%$967K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0936%1h4,350.5+0.235%$29K$23K10xas long as short