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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Variational Omni+0.102%7-day average +0.018% · 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)+0.003%$0 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.102%, 7d avg +0.018%
Together, before fees−0.040%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$4 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: Pacifica is 0.084% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,316.50.0100pay 0.0050% / 4h1h 42m$12.2M$221K
ShortPacifica PAXG4,320.90.0100get 0.0013% / 1h42m 58s$1.0M$317K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.102% → +0.018%
$8.35
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$0.35
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Pacifica: live order book, 6 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 ago2.84 bpdoesn't fit7.7 bp −$77doesn't fitdoesn't fit
Sell Pacifica live order book, 6 min ago0.35 bpdoesn't fitdoesn't fitdoesn'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−0.0216%1h4,316.7+0.004%$1.4M$465K25xas long as short
Hibachi PAXG/USDT-P−0.0168%1h4,319.7+0.074%$46K$169K20xas long as short
GRVT PAXG_USDT_Perp−0.0104%4h4,315.2−0.031%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT−0.0048%1h4,317.6+0.025%$261K$771K50xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,319.1+0.059%$1.2M$1.9M20xas long as short
Extended PAXG-USD−0.0008%1h4,317.2+0.017%$378K$930K25xas long as short
Binance PAXGUSDT−0.0006%4h4,318.3+0.043%$79.5M$74.9M75xas long as short
MEXC PAXG_USDT−0.0004%4h4,322.4+0.137%$16.5M$1.0M100xas long as short
dYdX PAXG-USD0.0000%1h4,317.9+0.032%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,320.7+0.097%$15.6M$3.8M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PAXG-USDT0.0000%4h4,315.5−0.023%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,322.8+0.145%$7.9M$851K50xas long as short
HTX PAXG-USDT0.0000%4h4,323+0.150%$905K$767K75xas long as short
Aster PAXGUSDT+0.0015%4h4,320+0.081%$901K$27K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.714%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,319.4+0.068%$87K$3.2M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,318.3+0.042%$55410xas long as short
Hyperliquid PAXG+0.0100%1h4,318.8+0.053%$20.7M$2.4M10xas long as short
Pacifica PAXGshort+0.0100%1h4,320.9+0.102%$1.0M$317K10x
Bybit PAXGUSDT+0.0100%4h4,318.9+0.056%$14.9M$4.1M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,320.7+0.097%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,317.6+0.025%$9.4M$16.6M50xas long as short
BingX PAXG-USDT+0.0100%4h4,319.4+0.067%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,318.7+0.052%$1.3M$814K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,316.5long leg$12.2M$221K
Phemex PAXGUSDT+0.0100%4h4,317+0.012%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,318.6+0.050%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,321.3+0.112%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0784%1h4,329.2+0.294%$29K$23K10xas long as short