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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1099%/8h= +120.4% APRnext payment +$1.37 per $10,000 · paid last 24h +0.234%
Price spread now: 01 Exchange against ApeX Omni+0.274%55s7-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 4 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 for this trade now. Funding pays +$33 a day on $10k at the current rate, and 01 Exchange is 0.274% dearer against ApeX Omni than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,333.8−0.0091get 0.0011% / 1h42m 26s$262K$788K50x
Short01 Exchange PAXGUSD4,345.70.1008get 0.0126% / 1h42m 26s$29K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$230.88
Price spread: +0.274% → 0.000%
$27.41
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$241.29
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 11 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 ApeX Omni live order book, 11 min ago2.53 bp7.8 bp −$878.0 bp −$780doesn'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
Lighter PAXG−0.0168%1h4,333−0.018%$1.4M$362K25xas long as short
Hibachi PAXG/USDT-P−0.0168%1h4,336.6+0.064%$42K$154K20xas long as short
GRVT PAXG_USDT_Perp−0.0134%4h4,336.7+0.066%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTlong−0.0091%1h4,333.8long leg$262K$788K50x
dYdX PAXG-USD0.0000%1h4,334.8+0.022%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,336.9+0.071%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,330.1−0.086%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,339.3+0.128%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,340.3+0.149%$903K$686K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.311%$1K$151K30xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PAXG_USDT+0.0060%4h4,337.4+0.084%$16.1M$1.0M100xas long as short
Binance PAXGUSDT+0.0060%4h4,334+0.003%$80.0M$71.2M75xas long as short
Extended PAXG-USD+0.0064%1h4,332.9−0.022%$378K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0065%1h4,336.5+0.061%$1.3M$1.4M20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,334.5+0.016%$81K$3.7M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.6+0.018%$55610xas long as short
Hyperliquid PAXG+0.0100%1h4,334.6+0.018%$20.7M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,334.3+0.011%$904K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,336.8+0.069%$1.0M$338K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,335.5+0.039%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,337.7+0.089%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,334.5+0.016%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,335.8+0.046%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,336.7+0.066%$1.3M$800K50xas long as short
Variational Omni PAXG+0.0100%4h4,336+0.050%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,333−0.019%$1.5M$39K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.2+0.008%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,338.9+0.118%$987K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.1008%1h4,345.7+0.274%$29K$23K10x