data as of
Settings8H · net · $10k
Funding arb /

PAXG

all PAXG markets
SwapPrice view
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days0.000%to open and close $10k−$28
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PAXG_USDC_PERP4,346.90.0100pay 0.0013% / 1h9m 13s$1.1M$1.1M50x
ShortBybit PAXGUSDT4,345.10.0100get 0.0050% / 4h9m 13s$15.0M$3.3M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$7.01
Fee Backpack: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$28.01
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.042%
Avg gap 7d
−0.002%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 1 min ago0.01 bp5.0 bp −$55.3 bp −$5337.4 bp −$3,742doesn't fit
Sell Bybit live order book, 1 min ago0.12 bp8.2 bp −$812.1 bp −$12130.4 bp −$3,044doesn't fit

PAXG on 28 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi PAXG/USDT-P−0.0080%1h$41K$143K20xas long as short
Injective PAXG/USDC PERP−0.0038%1h$1K$116K30xas long as short
Kraken Futures PF_PAXGUSD−0.0017%1h$1.3M$1.0M20xas long as short
dYdX PAXG-USD0.0000%1h$101K$19K5xas long as short
Gate PAXG_USDT0.0000%8h$15.8M$4.4M100xas long as short
SunX PAXG-USDT0.0000%4h$1K$4.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h$7.9M$832K50xas long as short
HTX PAXG-USDT0.0000%4h$917K$611K75xas long as short
Lighter PAXG+0.0096%1h$1.4M$700K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h$84K$2.9M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h$20.3M$1.7M10xas long as short
Aster PAXGUSDT+0.0100%4h$906K$71K50xas long as short
Pacifica PAXG+0.0100%1h$1.0M$406K10xas long as short
Binance PAXGUSDT+0.0100%4h$79.4M$66.4M75xas long as short
Bybit PAXGUSDTshort+0.0100%4h$15.0M$3.3M75x
MEXC PAXG_USDT+0.0100%4h$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h$26.7M$5.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h$9.1M$12.1M50xas long as short
BingX PAXG-USDT+0.0100%4h$6.8Mas long as short
Backpack PAXG_USDC_PERPlong+0.0100%1h$1.1M$1.1M50x
Variational Omni PAXG+0.0100%4h$12.5M$85Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h$263K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h$55810xas long as short
Phemex PAXGUSDT+0.0100%4h$1.5M$36K50xas long as short
Extended PAXG-USD+0.0104%1h$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0656%1h$15K$7K10xas long as short