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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Variational Omni−0.006%7-day average −0.032% · 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)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.006%, 7d avg −0.032%
Together, before fees−0.147%+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm board−$15 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: Paradex is 0.026% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,350.70.0100pay 0.0050% / 4h2h 25m$12.5M$104K
ShortParadex PAXG-USD-PERP4,350.50.0100get 0.0100% / 8h6h 25m$80K$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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: −0.006% → −0.032%
$2.62
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.38
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Paradex: 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, 4 min ago2.83 bpdoesn't fit7.5 bp −$75doesn't fitdoesn't fit
Sell Paradex live order book, 4 min ago2.24 bp4.2 bp −$496.4 bp −$964doesn'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
dYdX PAXG-USD0.0000%1h4,351.5+0.018%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,352+0.029%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,345.2−0.128%$2K$3.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,353.4+0.062%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,352.7+0.045%$906K$629K75xas long as short
Hibachi PAXG/USDT-P+0.0024%1h4,349.7−0.025%$42K$160K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.079%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,349.8−0.021%$1.4M$304K25xas long as short
Paradex PAXG-USD-PERPshort+0.0100%8h4,350.5−0.006%$80K$3.7M50x
Hyperliquid PAXG+0.0100%1h4,351.7+0.022%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,349.8−0.022%$907K$29K50xas long as short
Pacifica PAXG+0.0100%1h4,351.4+0.016%$1.0M$364K10xas long as short
Binance PAXGUSDT+0.0100%4h4,351.1+0.007%$80.2M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,352.6+0.044%$15.2M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,351.8+0.025%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,353.2+0.056%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,352.8+0.047%$9.6M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,351.5+0.016%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,351.7+0.022%$1.4M$803K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,350.7long leg$12.5M$104K
GRVT PAXG_USDT_Perp+0.0100%4h4,350.4−0.008%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,351.5+0.018%$263K$788K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,348.8−0.044%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,349−0.040%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,349.9−0.019%$378K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352.5+0.040%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0247%1h4,350.6−0.003%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,356.3+0.128%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0992%1h4,361.8+0.254%$29K$23K10xas long as short