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−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against Variational Omni+0.068%7-day average +0.065% · 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)−0.059%−$6 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.068%, 7d avg +0.065%
Together, before fees−0.066%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,336.60.0100pay 0.0050% / 4h2h 39m$12.4M$114K
ShortGate PAXG_USDT4,339.50get 0.0000% / 8h2h 39m$15.7M$4.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: +0.068% → +0.065%
$0.23
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$35.77
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Gate: 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 Variational Omni RFQ quote, 5 min ago2.83 bpdoesn't fit9.8 bp −$98doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.46 bp10.6 bp −$1115.4 bp −$15425.4 bp −$2,54258.8 bp −$29.4K

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−0.0101%1h4,337+0.010%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0032%1h4,337.3+0.018%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,339.9+0.077%$101K$18K5xas long as short
Gate PAXG_USDTshort0.0000%8h4,339.5+0.068%$15.7M$4.2M100x
SunX PAXG-USDT0.0000%4h4,334−0.059%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.8+0.098%$7.9M$837K50xas long as short
HTX PAXG-USDT0.0000%4h4,342.3+0.133%$907K$659K75xas long as short
Lighter PAXG+0.0096%1h4,335.9−0.017%$1.4M$520K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,336.60.000%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,336.7+0.003%$20.3M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,336.8+0.006%$906K$76K50xas long as short
Pacifica PAXG+0.0100%1h4,337.9+0.031%$1.0M$352K10xas long as short
Binance PAXGUSDT+0.0100%4h4,336.6−0.001%$79.9M$70.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,336.60.000%$14.8M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,338.5+0.044%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.4+0.065%$26.7M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,337.7+0.026%$9.2M$14.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,337.8+0.029%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.3+0.041%$1.4M$1.3M50xas long as short
Variational Omni PAXGlong+0.0100%4h4,336.6long leg$12.4M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,337.1+0.011%$1.5M$2.1M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,336.5−0.003%$262K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.1+0.012%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,334−0.059%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,336−0.014%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,336.6+0.001%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,337.7+0.026%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,343+0.148%$998K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1432%1h4,354.8+0.420%$29K$21K10xas long as short