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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1316%/8h= +144.1% APRpaid last 24h +0.214%
Price spread now: 01 Exchange against BingX+0.407%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and 01 Exchange is 0.407% dearer against BingX than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,345.70.0100pay 0.0050% / 4h1h 45m$6.8M
Short01 Exchange PAXGUSD4,363.40.1416get 0.0177% / 1h45m 23s$29K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$276.36
Price spread: +0.407% → 0.000%
$40.71
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$300.07
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: BingX: live order book, 7 min ago; 01 Exchange: no order-book sample. 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 BingX live order book, 7 min ago0.16 bp5.2 bp −$56.3 bp −$6310.6 bp −$1,05844.8 bp −$22.4K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h4,343.7−0.046%$101K$13K5xas long as short
Gate PAXG_USDT0.0000%8h4,347.9+0.050%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.1−0.107%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.5+0.088%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.6+0.044%$909K$655K75xas long as short
Hibachi PAXG/USDT-P+0.0032%1h4,345−0.016%$47K$144K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.200%$1K$121K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,347.2+0.034%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,344.5−0.029%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,345.6−0.002%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,345.9+0.004%$20.3M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,345.9+0.003%$907K$28K50xas long as short
Pacifica PAXG+0.0100%1h4,346.5+0.018%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,345.9+0.003%$80.0M$67.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,346.6+0.021%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.5−0.073%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,348.3+0.059%$26.8M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,346.6+0.021%$9.3M$13.3M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,345.7long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,346.6+0.020%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,345.3−0.009%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,345.5−0.005%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,343.6−0.049%$263K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,345.5−0.005%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,340−0.131%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,345.2−0.013%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,345.7+0.001%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,347.6+0.044%$976K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.1416%1h4,363.4+0.407%$29K$21K10x