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−0.1432%/8h= −156.8% APRnext payment $1.79 per $10,000 · paid last 24h −0.253%
Price spread now: dYdX against 01 Exchange−0.386%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and dYdX is 0.386% cheaper against 01 Exchange than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange PAXGUSD4,364.10.1432pay 0.0179% / 1h29m 57s$29K$21K10x
ShortdYdX PAXG-USD4,347.30get 0.0000% / 1h29m 57s$101K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against 01 Exchange. 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
−$300.72
Price spread: −0.386% → 0.000%
−$38.61
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$356.33
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; dYdX: live order book, 54 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 01 Exchange no order-book sample
Sell dYdX live order book, 54 min ago13.84 bp18.8 bp −$19110.2 bp −$1,102212.9 bp −$21.3K1234.1 bp −$617.1K
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-USDshort0.0000%1h4,347.3−0.386%$101K$12K5x
Gate PAXG_USDT0.0000%8h4,349−0.346%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.3−0.524%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,351.1−0.298%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,349.1−0.343%$909K$653K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.621%$1K$121K30xas long as short
Hibachi PAXG/USDT-P+0.0064%1h4,346.6−0.402%$47K$139K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,349−0.346%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,345.8−0.419%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,346.4−0.406%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,346.9−0.394%$20.3M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,346.6−0.402%$907K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,347.8−0.373%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,346.9−0.394%$80.0M$67.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,347.8−0.374%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345−0.438%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,349.1−0.344%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.4−0.383%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.3−0.385%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,347.7−0.376%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,346.3−0.408%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,347.1−0.390%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,346.1−0.413%$263K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,346.2−0.410%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,343−0.483%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.1−0.413%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,347.1−0.389%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8−0.281%$975K$1.1M50xas long as short
01 Exchange PAXGUSDlong+0.1432%1h4,364.1long leg$29K$21K10x