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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.033%
Price spread now: Reya against Aster−0.006%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Reya: 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
LongAster PAXGUSDT4,337.60.0100pay 0.0050% / 4h3h 31m$905K$76K50x
ShortReya PAXGRUSDPERP4,337.30.0189get 0.0024% / 1h31m 55s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.79
Price spread: −0.006% → 0.000%
−$0.64
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$4.15
Costs to cover
0.140%
Break-even
5.5 days
Slippage unknown: Aster: live order book, 16 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 Aster live order book, 16 min ago0.01 bp4.8 bp −$5doesn't fitdoesn'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 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−0.0102%1h4,347.7+0.233%$1K$92K30xas long as short
Hibachi PAXG/USDT-P−0.0048%1h4,337.8+0.004%$41K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,340.1+0.058%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,340+0.055%$15.8M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,332.4−0.120%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,341.6+0.092%$7.9M$837K50xas long as short
HTX PAXG-USDT0.0000%4h4,343.3+0.132%$907K$664K75xas long as short
Lighter PAXG+0.0064%1h4,336.3−0.030%$1.4M$519K25xas long as short
GRVT PAXG_USDT_Perp+0.0080%4h4,337.5−0.001%$1.5M$2.1M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,337.1−0.012%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,336.7−0.021%$20.3M$1.9M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,337.6long leg$905K$76K50x
Pacifica PAXG+0.0100%1h4,338.8+0.027%$1.0M$352K10xas long as short
Binance PAXGUSDT+0.0100%4h4,337.2−0.010%$79.9M$69.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,337.5−0.001%$14.8M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,339.4+0.042%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.6+0.047%$26.8M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,337.8+0.004%$9.3M$14.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,337.9+0.008%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,338.7+0.026%$1.4M$1.2M50xas long as short
Variational Omni PAXG+0.0100%4h4,337.9+0.007%$12.4M$114Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,335.7−0.044%$262K$792K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.7+0.002%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,335−0.060%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,336.3−0.029%$377K$1.2M25xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,337.3−0.006%$21K100x
Kraken Futures PF_PAXGUSD+0.0212%1h4,338.7+0.025%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,342.7+0.118%$998K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1520%1h4,355.1+0.404%$29K$22K10xas long as short