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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Aster+0.024%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.024%, 7d avg +0.007%
Together, before fees+0.020%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,349.80.0100pay 0.0050% / 4h2h 44m$907K$29K50x
ShortBingX PAXG-USDT4,350.90.0100get 0.0050% / 4h2h 44m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.024% → +0.007%
$1.71
Slippage, 4 orders
−$1.63
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$17.92
Costs to cover
0.196%
Break-even
never at this rate
Slippage from Aster: live order book, 24 min ago; BingX: live order book, 9 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, 24 min ago0.01 bp4.2 bp −$413.5 bp −$135doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago0.16 bp5.3 bp −$57.3 bp −$7311.3 bp −$1,13335.3 bp −$17.6K

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-USD0.0000%1h4,350.4+0.013%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,352.4+0.059%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,347.2−0.060%$2K$3.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,354+0.097%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,357.8+0.184%$905K$631K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.058%$1K$151K30xas long as short
Hibachi PAXG/USDT-P+0.0064%1h4,350.2+0.008%$42K$160K20xas long as short
Lighter PAXG+0.0096%1h4,349.6−0.005%$1.4M$300K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,348.6−0.028%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,350.1+0.006%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,349.8long leg$907K$29K50x
Pacifica PAXG+0.0100%1h4,350.9+0.023%$1.0M$367K10xas long as short
Binance PAXGUSDT+0.0100%4h4,351+0.026%$80.3M$71.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,351.5+0.038%$15.1M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,350.3+0.011%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,352.6+0.063%$28.4M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,351.4+0.035%$9.7M$15.2M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,350.9+0.024%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,350.8+0.023%$1.4M$806K50xas long as short
Variational Omni PAXG+0.0100%4h4,353.3+0.079%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.3+0.127%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,352.7+0.066%$263K$787K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,349.8−0.001%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,351+0.027%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,350+0.005%$380K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,350.5+0.016%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0247%1h4,350.6+0.017%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,359.1+0.214%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,359.8+0.229%$29K$23K10xas long as short