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% APRpaid last 24h +0.002%
Price spread now: Orderly against ApeX Omni−0.006%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,357.70.0100pay 0.0013% / 1h39m 34s$263K$795K50x
ShortOrderly PERP_PAXG_USDC_mythos4,357.40.0100get 0.0050% / 4h39m 34s$55910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against ApeX 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% → 0.000%
−$0.57
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.57
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 39 min ago; Orderly: 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 ApeX Omni live order book, 39 min ago2.53 bp7.8 bp −$880.4 bp −$804doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.238%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.015%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,359+0.031%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.4−0.098%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,360.2+0.057%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,363+0.124%$911K$637K75xas long as short
Lighter PAXG+0.0096%1h4,355.6−0.047%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,355.9−0.040%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,356.7−0.022%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,357.2−0.011%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,358.3+0.016%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,356.6−0.023%$79.9M$68.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,357.3−0.008%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,356.1−0.036%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.1+0.032%$27.0M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,357.1−0.013%$9.9M$14.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,357−0.014%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357.8+0.003%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,357.4−0.006%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,358.5+0.018%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTlong+0.0100%1h4,357.7long leg$263K$795K50x
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,357.4−0.006%$55910x
Phemex PAXGUSDT+0.0100%4h4,354−0.084%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,355.8−0.042%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0160%1h4,359+0.032%$48K$141K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.4−0.005%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,358.1+0.010%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.4+0.087%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0984%1h4,367.6+0.228%$29K$23K10xas long as short