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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against HTX+0.010%50s7-day average −0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.010%, 7d avg −0.087%
Together, before fees−0.235%−$23 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: Gate is 0.097% dearer against HTX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.087%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAXG-USDT4,337.80get 0.0000% / 4h1h 55m$913K$821K75x
ShortGate PAXG_USDT4,338.20get 0.0000% / 8h5h 55m$15.7M$4.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.010% → −0.087%
$9.7
Slippage, 4 orders
−$27.27
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$44.57
Costs to cover
0.543%
Break-even
never at this rate
Slippage from HTX: live order book, 56 min ago; Gate: live order book, 1 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, 56 min ago1.58 bp21.9 bp −$2224.5 bp −$245doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.04 bp9.2 bp −$913.1 bp −$13125.9 bp −$2,58958.2 bp −$29.1K

PAXG on 29 exchanges

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-USD−0.0866%1h4,332.7−0.116%$117K$16K5xas long as short
Gate PAXG_USDTshort0.0000%8h4,338.2+0.010%$15.7M$4.0M100x
SunX PAXG-USDT0.0000%4h4,330.2−0.174%$2K$2.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.4−0.008%$7.9M$180K50xas long as short
HTX PAXG-USDTlong0.0000%4h4,337.8long leg$913K$821K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.220%$1K$151K30xas long as short
Lighter PAXG+0.0056%1h4,334.4−0.077%$1.4M$498K25xas long as short
GRVT PAXG_USDT_Perp+0.0094%4h4,333.1−0.107%$1.5M$2.0M10xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,334.6−0.073%$80K$4.3M50xas long as short
Hyperliquid PAXG+0.0100%1h4,335.9−0.043%$21.3M$2.6M10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,336.1−0.038%$908K$41K50xas long as short
Pacifica PAXG+0.0100%1h4,337.3−0.010%$1.0M$303K10xas long as short
Binance PAXGUSDT+0.0100%4h4,336.4−0.032%$80.3M$81.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,336.8−0.022%$14.9M$4.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,336.6−0.026%$16.6M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.4+0.039%$28.9M$5.9M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,336−0.041%$9.2M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,336.1−0.039%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,335−0.063%$1.2M$873K50xas long as short
Variational Omni PAXG+0.0100%4h4,332.7−0.115%$12.2M$279Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,334.7−0.070%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,335−0.063%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,329−0.202%$1.5M$81K50xas long as short
Extended PAXG-USD+0.0104%1h4,334.8−0.068%$374K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,335−0.063%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,335.1−0.062%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0264%1h4,332.6−0.119%$934K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0312%1h4,334.3−0.081%$43K$181K20xas long as short
01 Exchange PAXGUSD+0.0944%1h4,347.7+0.229%$29K$23K10xas long as short