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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%
Price spread now: Variational Omni against SunX+0.166%7-day average +0.106% · 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)+0.105%+$11 on $10k
Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.166%, 7d avg +0.106%
Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.061% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAXG-USDT4,296.50get 0.0000% / 4h1m 43s$2K$3.2M20x
ShortVariational Omni PAXG4,303.70.0100get 0.0050% / 4h1m 43s$12.2M$219K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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
$21
Price spread: +0.166% → +0.106%
$6.06
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$19.06
Costs to cover
0.080%
Break-even
0.6 days
Slippage unknown: SunX: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 SunX live order book, 6 min ago21.54 bp38.3 bp −$3867.5 bp −$675doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.84 bpdoesn't fit9.2 bp −$92doesn't fitdoesn't fit

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
Lighter PAXG−0.0192%1h4,298.9+0.056%$1.4M$608K25xas long as short
Hibachi PAXG/USDT-P−0.0160%1h4,303.3+0.157%$42K$171K20xas long as short
GRVT PAXG_USDT_Perp−0.0122%4h4,304.5+0.186%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0055%1h4,301+0.105%$1.2M$1.7M20xas long as short
dYdX PAXG-USD0.0000%1h4,302.5+0.139%$100K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,302.5+0.139%$15.5M$3.9M100xas long as short
SunX PAXG-USDTlong0.0000%4h4,296.5long leg$2K$3.2M20x
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,305.5+0.208%$7.9M$599K50xas long as short
HTX PAXG-USDT0.0000%4h4,308+0.268%$903K$802K75xas long as short
MEXC PAXG_USDT+0.0022%4h4,306.6+0.235%$16.6M$1.2M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0023%4h4,301+0.104%$80.0M$78.4M75xas long as short
Extended PAXG-USD+0.0024%1h4,300.1+0.084%$377K$1.6M25xas long as short
ApeX Omni PAXGUSDT+0.0027%1h4,304+0.174%$261K$773K50xas long as short
Aster PAXGUSDT+0.0029%4h4,301.1+0.106%$897K$29K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+1.182%$1K$151K30xas long as short
Bitget PAXGUSDT+0.0036%4h4,300.6+0.096%$9.5M$16.0M50xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,301.5+0.115%$85K$4.1M50xas long as short
Hyperliquid PAXG+0.0100%1h4,300.5+0.093%$20.7M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,302.4+0.137%$1.0M$302K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,301.4+0.114%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,302.9+0.149%$28.5M$5.3M30xas long as short
BingX PAXG-USDT+0.0100%4h4,301.9+0.126%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,301.5+0.116%$1.2M$844K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,303.7+0.166%$12.2M$219K
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,301.4+0.114%$55210xas long as short
Phemex PAXGUSDT+0.0100%4h4,301+0.104%$1.5M$66K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,300.4+0.091%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0224%1h4,308+0.268%$946K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0904%1h4,312.2+0.365%$29K$23K10xas long as short