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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Extended+0.073%7-day average +0.063% · 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)+0.010%+$1 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.073%, 7d avg +0.063%
Together, before fees−0.049%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PAXG-USD4,3360.0104pay 0.0013% / 1h4m 19s$380K$1.4M25x
ShortVariational Omni PAXG4,339.20.0100get 0.0050% / 4h1h 04m$12.4M$99K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$0.84
Price spread: +0.073% → +0.063%
$0.98
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$4.86
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 Extended live order book, 4 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago2.82 bpdoesn't fit7.4 bp −$74doesn'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
Hibachi PAXG/USDT-P−0.0088%1h4,339+0.068%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3+0.121%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,340.3+0.098%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,333.4−0.061%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,340.9+0.112%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,345.1+0.209%$905K$668K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.260%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,343+0.161%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,337.5+0.033%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,338.1+0.047%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,338.6+0.059%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340+0.091%$905K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,340.2+0.096%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,337.2+0.026%$80.0M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,339+0.069%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,340+0.091%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,341+0.114%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,338.6+0.060%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,339.3+0.076%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,339.3+0.075%$1.3M$801K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,339.2+0.073%$12.4M$99K
ApeX Omni PAXGUSDT+0.0100%1h4,342+0.138%$263K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,337.6+0.036%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,336−0.001%$1.5M$39K50xas long as short
Extended PAXG-USDlong+0.0104%1h4,336long leg$380K$1.4M25x
Kraken Futures PF_PAXGUSD+0.0173%1h4,338.3+0.052%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,337.8+0.040%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.391%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1008%1h4,349.1+0.301%$29K$23K10xas long as short