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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against HTX−0.143%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.143%, 7d avg −0.142%
Together, before fees+0.027%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.142%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAXG-USDT4,363.10get 0.0000% / 4h3h 33m$907K$658K75x
ShortAster PAXGUSDT4,356.80.0100get 0.0050% / 4h3h 33m$909K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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
$21
Price spread: −0.143% → −0.142%
−$0.15
Slippage, 4 orders
−$21.23
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.38
Costs to cover
0.412%
Break-even
13.8 days
Slippage from HTX: live order book, 41 min ago; Aster: live order book, 40 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 HTX live order book, 41 min ago0.01 bp20.4 bp −$2027.3 bp −$273doesn't fitdoesn't fit
Sell Aster live order book, 40 min ago0.01 bp5.2 bp −$59.6 bp −$96doesn'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%1h4,355.2−0.181%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,357.3−0.133%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,351.1−0.274%$1K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,359.3−0.086%$7.9M$871K50xas long as short
HTX PAXG-USDTlong0.0000%4h4,363.1long leg$907K$658K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.362%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0090%4h4,357.7−0.123%$1.5M$2.1M10xas long as short
Lighter PAXG+0.0096%1h4,354.5−0.197%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,354.5−0.196%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,355.7−0.169%$20.8M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,356.8−0.143%$909K$29K50x
Pacifica PAXG+0.0100%1h4,356.8−0.145%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,355.3−0.178%$80.1M$71.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.4−0.153%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.3−0.132%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,357.5−0.127%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,355.9−0.165%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,356.4−0.152%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,356.9−0.143%$1.4M$853K50xas long as short
Variational Omni PAXG+0.0100%4h4,358.3−0.110%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,355.5−0.175%$263K$785K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,355.7−0.169%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,354−0.208%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,354.2−0.203%$379K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,358.3−0.110%$42K$157K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,355.1−0.183%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,356−0.162%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,366.2+0.071%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1024%1h4,366.1+0.069%$29K$23K10xas long as short