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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX+0.028%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.007%+$1 · spread now +0.028%, 7d avg +0.007%
Together, before fees+0.006%+ Points / potential airdropPacifica: Active · farm board+$1 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 0.021% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,313.20.0100pay 0.0050% / 4h19m 58s$6.8M
ShortPacifica PAXG4,314.40.0100get 0.0013% / 1h19m 58s$1.0M$302K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.028% → +0.007%
$2.06
Slippage, 4 orders
−$2.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.18
Costs to cover
0.202%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Pacifica: live order book, 4 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, 8 min ago0.07 bp5.5 bp −$56.3 bp −$6310.7 bp −$1,07238.4 bp −$19.2K
Sell Pacifica live order book, 4 min ago0.12 bp4.8 bp −$5doesn'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
Lighter PAXG−0.0192%1h4,310.1−0.073%$1.4M$494K25xas long as short
Hibachi PAXG/USDT-P−0.0144%1h4,313.4+0.005%$42K$170K20xas long as short
GRVT PAXG_USDT_Perp−0.0106%4h4,310.8−0.055%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0055%1h4,313.4+0.005%$1.2M$1.8M20xas long as short
dYdX PAXG-USD0.0000%1h4,313.4+0.004%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,314.6+0.033%$15.6M$3.7M100xas long as short
SunX PAXG-USDT0.0000%4h4,310−0.074%$2K$3.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,317.2+0.093%$7.9M$659K50xas long as short
HTX PAXG-USDT0.0000%4h4,315.6+0.055%$902K$794K75xas long as short
MEXC PAXG_USDT+0.0018%4h4,318+0.112%$16.6M$1.1M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0020%4h4,312.2−0.022%$79.4M$75.8M75xas long as short
Extended PAXG-USD+0.0024%1h4,311−0.051%$376K$1.5M25xas long as short
Aster PAXGUSDT+0.0026%4h4,312.6−0.015%$899K$30K50xas long as short
ApeX Omni PAXGUSDT+0.0032%1h4,312.8−0.010%$261K$773K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.791%$1K$151K30xas long as short
Bitget PAXGUSDT+0.0062%4h4,311.5−0.039%$9.5M$15.9M50xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,312.2−0.023%$87K$3.6M50xas long as short
Hyperliquid PAXG+0.0100%1h4,311.8−0.032%$20.7M$2.3M10xas long as short
Pacifica PAXGshort+0.0100%1h4,314.4+0.028%$1.0M$302K10x
Bybit PAXGUSDT+0.0100%4h4,313.1−0.002%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,313.9+0.018%$28.6M$5.3M30xas long as short
BingX PAXG-USDTlong+0.0100%4h4,313.2long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,312.3−0.021%$1.3M$840K50xas long as short
Variational Omni PAXG+0.0100%4h4,312.7−0.011%$12.2M$218Kas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,311.9−0.030%$55310xas long as short
Phemex PAXGUSDT+0.0100%4h4,312−0.027%$1.5M$53K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,312.3−0.020%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0224%1h4,316.2+0.070%$953K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0944%1h4,323.8+0.246%$29K$23K10xas long as short