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: Aster against Binance+0.014%7-day average +0.025% · 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−$21as 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)−0.011%−$1 · spread now +0.014%, 7d avg +0.025%
Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,359.10.0100pay 0.0050% / 4h21m 00s$80.0M$69.3M75x
ShortAster PAXGUSDT4,359.70.0100get 0.0050% / 4h21m 00s$909K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: +0.014% → +0.025%
−$1.14
Slippage, 4 orders
−$1.44
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.58
Costs to cover
0.194%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Aster: live order book, 57 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 Binance live order book, 7 min ago0.01 bp5.0 bp −$55.6 bp −$569.1 bp −$911doesn't fit
Sell Aster live order book, 57 min ago0.01 bp4.4 bp −$44.8 bp −$48doesn'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%1h4,347.3−0.270%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3−0.017%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,361.3+0.051%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,355.9−0.072%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,361.8+0.064%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,363.3+0.098%$910K$646K75xas long as short
Lighter PAXG+0.0096%1h4,357.7−0.031%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,359−0.001%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,358.6−0.011%$20.4M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,359.7+0.014%$909K$30K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,361.1+0.047%$1.0M$339K10xas long as short
Binance PAXGUSDTlong+0.0100%4h4,359.1long leg$80.0M$69.3M75x
Bybit PAXGUSDT+0.0100%4h4,359.9+0.019%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.6−0.033%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,361.3+0.050%$27.3M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,359.7+0.014%$9.8M$14.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,360+0.021%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,359.6+0.012%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,359−0.002%$12.5M$102Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,357.3−0.040%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,356.1−0.068%$263K$795K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,358.5−0.013%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,358−0.024%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,358.3−0.018%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,360.1+0.024%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,358.8−0.006%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,359.8+0.017%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.7+0.060%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,370.7+0.267%$29K$23K10xas long as short