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: MEXC against Variational Omni−0.033%7-day average +0.071% · 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)−0.018%−$2 on $10k
Price spread, last 7 days−0.051%−$5 · spread now −0.033%, 7d avg +0.071%
Together, before fees−0.069%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.103% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,346.70.0100pay 0.0050% / 4h1h 34m$12.5M$114K
ShortMEXC PAXG_USDT4,345.20.0100get 0.0050% / 4h1h 34m$16.0M$1.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.033% → +0.071%
−$10.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$14.35
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; MEXC: 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 fit7.8 bp −$78doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.01 bp2.4 bp −$26.8 bp −$6833.0 bp −$3,30080.3 bp −$40.1K

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%1h4,347.3+0.014%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.4+0.063%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.4−0.120%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,351.4+0.109%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.9+0.052%$909K$652K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.222%$1K$121K30xas long as short
Hibachi PAXG/USDT-P+0.0056%1h4,347.8+0.025%$47K$141K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,348.7+0.047%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,346.1−0.012%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,346.9+0.005%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,347.2+0.014%$20.3M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,346.9+0.006%$907K$28K50xas long as short
Pacifica PAXG+0.0100%1h4,348.4+0.039%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,347.3+0.014%$80.1M$67.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,348.1+0.033%$15.2M$3.6M75xas long as short
MEXC PAXG_USDTshort+0.0100%4h4,345.2−0.033%$16.0M$1.2M100x
KuCoin PAXGUSDTM+0.0100%4h4,349.6+0.067%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.3+0.015%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.7+0.025%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,347.9+0.029%$1.4M$953K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,346.7long leg$12.5M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,347.4+0.017%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,346.4−0.006%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347.3+0.015%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.130%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.5−0.004%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,347.1+0.009%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.1+0.056%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1432%1h4,364.4+0.408%$29K$21K10xas long as short