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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.034%
Price spread now: Reya against ApeX Omni−0.015%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,328.90.0100pay 0.0013% / 1h26m 52s$262K$797K50x
ShortReya PAXGRUSDPERP4,328.30.0189get 0.0024% / 1h26m 52s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.79
Price spread: −0.015% → 0.000%
−$1.47
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$1.32
Costs to cover
0.160%
Break-even
6.5 days
Slippage unknown: ApeX Omni: live order book, 20 min ago; Reya: 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, 20 min ago2.78 bp8.1 bp −$876.2 bp −$762doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 exchanges

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-USD−0.0362%1h4,329.2+0.008%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,331.6+0.062%$15.7M$4.0M100xas long as short
SunX PAXG-USDT0.0000%4h4,326.4−0.059%$2K$2.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,332.4+0.082%$7.9M$180K50xas long as short
HTX PAXG-USDT0.0000%4h4,333.1+0.096%$912K$818K75xas long as short
Lighter PAXG+0.0008%1h4,327.1−0.042%$1.4M$499K25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.425%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,328.3−0.013%$80K$4.2M50xas long as short
Hyperliquid PAXG+0.0100%1h4,329.1+0.005%$21.3M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,329.9+0.022%$906K$41K50xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,331.3+0.054%$1.0M$329K10xas long as short
Binance PAXGUSDT+0.0100%4h4,329.8+0.020%$80.2M$81.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,330+0.025%$14.9M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,332.9+0.093%$16.6M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,331.6+0.061%$28.8M$5.9M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,329.8+0.021%$9.2M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,329.8+0.020%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,329.2+0.006%$1.2M$867K50xas long as short
Variational Omni PAXG+0.0100%4h4,329.2+0.008%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,330+0.026%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTlong+0.0100%1h4,328.9long leg$262K$797K50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,328.7−0.005%$55510xas long as short
Phemex PAXGUSDT+0.0100%4h4,325−0.090%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,328−0.020%$374K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,329.4+0.010%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,328.3−0.015%$20K100x
Coinbase International PAXG-PERP-INTX+0.0264%1h4,337.6+0.201%$928K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0328%1h4,331.2+0.052%$45K$180K20xas long as short
01 Exchange PAXGUSD+0.0968%1h4,340.5+0.268%$29K$23K10xas long as short