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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1204%/8h= +131.8% APRpaid last 24h +0.214%
Price spread now: 01 Exchange against Variational Omni+0.277%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and 01 Exchange is 0.277% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,352.60.0100pay 0.0050% / 4h1h 09m$12.5M$114K
Short01 Exchange PAXGUSD4,364.60.1304get 0.0163% / 1h9m 49s$29K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$252.84
Price spread: +0.277% → 0.000%
$27.66
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$273.5
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; 01 Exchange: no order-book sample. 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 fit7.4 bp −$74doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4,350.7−0.042%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,356.2+0.084%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,348.3−0.098%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,357.5+0.114%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,355.7+0.071%$911K$646K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.121%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,355.8+0.074%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,353+0.011%$1.4M$273K25xas long as short
Hibachi PAXG/USDT-P+0.0096%1h4,350−0.059%$47K$139K20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.5+0.022%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,354+0.033%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,354.3+0.040%$909K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,354.5+0.044%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,354.2+0.038%$80.1M$67.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,354.9+0.054%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,350−0.059%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.1+0.082%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,354.4+0.042%$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354.1+0.034%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355+0.056%$1.4M$955K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,352.6long leg$12.5M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.048%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.060%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,353.3+0.017%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,351−0.036%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.5+0.021%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.1+0.036%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.017%$975K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.1304%1h4,364.6+0.277%$29K$22K10x