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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Binance+0.008%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.008%, 7d avg +0.024%
Together, before fees+0.075%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,328.60.0100pay 0.0050% / 4h1h 07m$80.3M$80.4M75x
ShortBingX PAXG-USDT4,328.90.0100get 0.0050% / 4h1h 07m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.008% → +0.024%
−$1.58
Slippage, 4 orders
−$1.76
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$23.34
Costs to cover
0.218%
Break-even
never at this rate
Slippage from Binance: live order book, 14 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 Binance live order book, 14 min ago0.01 bp5.0 bp −$55.1 bp −$519.5 bp −$947doesn't fit
Sell BingX live order book, 9 min ago0.07 bp5.2 bp −$58.3 bp −$8311.6 bp −$1,16435.0 bp −$17.5K

PAXG on 29 exchanges

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-USD−0.0268%1h4,329.1+0.012%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,329.9+0.030%$15.6M$4.0M100xas long as short
SunX PAXG-USDT0.0000%4h4,323.9−0.109%$2K$2.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,331.1+0.058%$7.9M$203K50xas long as short
HTX PAXG-USDT0.0000%4h4,331.1+0.058%$912K$825K75xas long as short
Lighter PAXG+0.0008%1h4,326.2−0.056%$1.4M$499K25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.432%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,327−0.037%$80K$4.2M50xas long as short
Hyperliquid PAXG+0.0100%1h4,328.3−0.007%$21.3M$2.5M10xas long as short
Aster PAXGUSDT+0.0100%4h4,328.9+0.006%$905K$42K50xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,329.3+0.016%$1.0M$330K10xas long as short
Binance PAXGUSDTlong+0.0100%4h4,328.6long leg$80.3M$80.4M75x
Bybit PAXGUSDT+0.0100%4h4,328.60.000%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,332.9+0.099%$16.5M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,330.5+0.045%$28.9M$6.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,328.2−0.009%$9.2M$16.8M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,328.9+0.008%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,327.7−0.021%$1.2M$867K50xas long as short
Variational Omni PAXG+0.0100%4h4,326.1−0.057%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,328.7+0.003%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,327.7−0.020%$262K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,327.5−0.025%$55510xas long as short
Phemex PAXGUSDT+0.0100%4h4,328−0.014%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,326.7−0.045%$375K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,328.3−0.006%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,327.1−0.034%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0264%1h4,333.4+0.110%$927K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0304%1h4,327.9−0.017%$47K$180K20xas long as short
01 Exchange PAXGUSD+0.0976%1h4,338.8+0.236%$29K$23K10xas long as short