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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Aster against BingX−0.002%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.002%, 7d avg −0.007%
Together, before fees−0.042%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,352.60.0100pay 0.0050% / 4h2h 47m$6.8M
ShortAster PAXGUSDT4,352.50.0100get 0.0050% / 4h2h 47m$908K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: −0.002% → −0.007%
$0.54
Slippage, 4 orders
−$1.63
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.09
Costs to cover
0.196%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Aster: live order book, 20 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 BingX live order book, 5 min ago0.16 bp5.2 bp −$55.5 bp −$558.5 bp −$85224.6 bp −$12.3K
Sell Aster live order book, 20 min ago0.01 bp5.0 bp −$58.5 bp −$85doesn'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
dYdX PAXG-USD0.0000%1h4,354.6+0.046%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,354.8+0.051%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,349.2−0.077%$2K$3.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,355.9+0.077%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,358.9+0.144%$907K$631K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.121%$1K$151K30xas long as short
Hibachi PAXG/USDT-P+0.0072%1h4,356+0.078%$42K$160K20xas long as short
Lighter PAXG+0.0096%1h4,350.2−0.055%$1.4M$277K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,354.7+0.050%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,351.3−0.029%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,352.5−0.002%$908K$29K50x
Pacifica PAXG+0.0100%1h4,357.7+0.117%$1.0M$367K10xas long as short
Binance PAXGUSDT+0.0100%4h4,351.4−0.026%$80.3M$71.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,352.9+0.008%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,351.2−0.031%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,353.9+0.030%$28.4M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,351.7−0.021%$9.7M$15.1M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,352.6long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,353.5+0.022%$1.4M$806K50xas long as short
Variational Omni PAXG+0.0100%4h4,358.7+0.140%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,357.5+0.114%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,357+0.102%$264K$785K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,353.2+0.014%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,354+0.033%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,350.6−0.046%$379K$1.4M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,352.7+0.003%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0247%1h4,353.2+0.014%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,359.1+0.151%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1016%1h4,366.3+0.315%$29K$23K10xas long as short