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: Bitget against Aster+0.036%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.036%, 7d avg −0.012%
Together, before fees−0.059%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,358.60.0100pay 0.0050% / 4h42m 36s$909K$30K50x
ShortBitget PAXGUSDT4,360.20.0100get 0.0050% / 4h42m 36s$9.9M$14.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.036% → −0.012%
$4.77
Slippage, 4 orders
−$4.74
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.96
Costs to cover
0.247%
Break-even
never at this rate
Slippage from Aster: live order book, 35 min ago; Bitget: live order book, 1 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, 35 min ago0.01 bp5.1 bp −$516.7 bp −$167doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.01 bp8.5 bp −$912.7 bp −$127doesn't fitdoesn'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−0.0007%1h4,347.3−0.259%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3−0.006%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,360.2+0.037%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.1−0.126%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,361.7+0.071%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,361.4+0.064%$911K$634K75xas long as short
Lighter PAXG+0.0096%1h4,357.7−0.022%$1.4M$270K25xas long as short
ApeX Omni PAXGUSDT+0.0097%1h4,354.4−0.097%$263K$796K50xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,358.1−0.012%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,358.8+0.005%$20.4M$1.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTlong+0.0100%4h4,358.6long leg$909K$30K50x
Pacifica PAXG+0.0100%1h4,360.4+0.042%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,358.9+0.006%$80.0M$68.5M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,359.5+0.021%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.1−0.034%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,361.1+0.057%$27.0M$5.3M30xas long as short
Bitget PAXGUSDTshort+0.0100%4h4,360.2+0.036%$9.9M$14.0M50x
BingX PAXG-USDT+0.0100%4h4,359.3+0.015%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,359.9+0.029%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,357.9−0.016%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.6−0.068%$1.5M$1.9M10xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,357.5−0.025%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,359+0.009%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,357.9−0.016%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,357.5−0.025%$48K$141K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.4−0.028%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,359.7+0.026%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,362.5+0.090%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,442.7+1.930%$30K$23K10xas long as short