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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Variational Omni−0.025%7-day average −0.012% · you buy dearer than you sell
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)−0.017%−$2 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.025%, 7d avg −0.012%
Together, before fees+0.008%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,343.30.0100pay 0.0050% / 4h1h 52m$12.5M$114K
ShortBinance PAXGUSDT4,342.20.0100get 0.0050% / 4h1h 52m$80.0M$68.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$0
Price spread: −0.025% → −0.012%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.3
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 5 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 Variational Omni RFQ quote, 1 min ago2.83 bpdoesn't fit7.8 bp −$78doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.01 bp5.0 bp −$55.4 bp −$5414.4 bp −$1,444doesn'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
dYdX PAXG-USD0.0000%1h4,343.7+0.010%$101K$13K5xas long as short
Gate PAXG_USDT0.0000%8h4,345+0.040%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,337.7−0.128%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,346+0.063%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,346+0.062%$909K$656K75xas long as short
Hibachi PAXG/USDT-P+0.0008%1h4,343.6+0.007%$47K$146K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.145%$1K$121K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,343.6+0.007%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,341.4−0.043%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,342−0.029%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,342.6−0.016%$20.3M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,342.9−0.008%$907K$28K50xas long as short
Pacifica PAXG+0.0100%1h4,344.2+0.021%$1.0M$373K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,342.2−0.025%$80.0M$68.4M75x
Bybit PAXGUSDT+0.0100%4h4,343.4+0.004%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.3−0.022%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,344.4+0.026%$26.8M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,342−0.030%$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,343.3−0.001%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,343.5+0.005%$1.4M$955K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,343.3long leg$12.5M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,344.2+0.021%$1.5M$2.1M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,342.7−0.014%$263K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,343−0.006%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,339−0.099%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,341.5−0.042%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,342.4−0.021%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,347.6+0.100%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1456%1h4,413.7+1.621%$30K$21K10xas long as short