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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against Aster−0.008%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.008%, 7d avg −0.026%
Together, before fees−0.021%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,333.60.0100pay 0.0050% / 4h2h 04m$905K$75K50x
ShortBinance PAXGUSDT4,333.30.0100get 0.0050% / 4h2h 04m$79.8M$70.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.008% → −0.026%
$1.77
Slippage, 4 orders
−$1.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$17.6
Costs to cover
0.194%
Break-even
never at this rate
Slippage from Aster: live order book, 18 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 18 min ago0.61 bp4.6 bp −$517.1 bp −$171doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.01 bp5.0 bp −$56.6 bp −$6619.0 bp −$1,902doesn't fit

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−0.0101%1h4,337+0.078%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0072%1h4,333.7+0.002%$41K$150K20xas long as short
dYdX PAXG-USD0.0000%1h4,336.4+0.063%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,336.1+0.057%$15.7M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,329.3−0.099%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.7+0.094%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,339.1+0.127%$907K$661K75xas long as short
Lighter PAXG+0.0096%1h4,332.1−0.036%$1.4M$521K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,333.3−0.006%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,333.5−0.003%$20.2M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,333.6long leg$905K$75K50x
Pacifica PAXG+0.0100%1h4,334.5+0.020%$1.0M$371K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,333.3−0.008%$79.8M$70.7M75x
Bybit PAXGUSDT+0.0100%4h4,334.3+0.016%$15.1M$3.9M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,334.9+0.029%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,336.1+0.057%$26.7M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,333.9+0.006%$9.2M$14.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,334.2+0.013%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,335.2+0.037%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,334.3+0.014%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,334+0.009%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,332.4−0.029%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.1+0.011%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,331−0.061%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,333−0.016%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.1+0.010%$20K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,334.5+0.020%$1.3M$1.6M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,337.8+0.096%$1.0M$1.1M50xas long as short
01 Exchange PAXGUSD+0.1456%1h4,353.3+0.454%$29K$21K10xas long as short