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% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance−0.008%7-day average +0.031% · 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 7 days+0.057%+$6 on $10k
Price spread, last 7 days+0.062%+$6 · spread now −0.008%, 7d avg +0.031%
Together, before fees+0.118%+ Points / potential airdropPacifica: Active · farm board+$12 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: Pacifica is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAXGUSDT4,3590.0100pay 0.0050% / 4h22m 33s$80.1M$69.2M75x
ShortPacifica PAXG4,358.60.0100get 0.0013% / 1h22m 33s$1.0M$339K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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% → +0.031%
−$3.93
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$21.93
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Pacifica: live order book, 1 min ago. 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 Binance live order book, 5 min ago0.01 bp5.0 bp −$55.6 bp −$569.1 bp −$911doesn't fit
Sell Pacifica live order book, 1 min ago0.12 bpdoesn't fitdoesn't fitdoesn'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%1h4,347.3−0.268%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3−0.015%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,359.3+0.007%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.2−0.133%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,359.9+0.021%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,360.3+0.030%$909K$641K75xas long as short
Lighter PAXG+0.0096%1h4,357.3−0.040%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,358.5−0.012%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,357.2−0.041%$20.4M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,358.3−0.016%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXGshort+0.0100%1h4,358.6−0.008%$1.0M$339K10x
Binance PAXGUSDTlong+0.0100%4h4,359long leg$80.1M$69.2M75x
Bybit PAXGUSDT+0.0100%4h4,359.9+0.022%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.5−0.034%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.9+0.020%$27.3M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,360.4+0.032%$9.9M$14.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,358.9−0.003%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357.5−0.034%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,355.4−0.081%$12.5M$102Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.2−0.086%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,354.9−0.094%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,355.9−0.071%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,358−0.023%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,357.6−0.032%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,355.8−0.073%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,359.4+0.009%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,357.7−0.030%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.7+0.062%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,368.8+0.225%$29K$23K10xas long as short