data as of
Settings8H · net · $10k
Funding arb /

PAXG

all PAXG markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.050%to open and close $10k−$67
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PAXG4,345.30.0100pay 0.0013% / 1h44m 40s$20.3M$1.7M10x
ShortPhemex PAXGUSDT4,3400.0100get 0.0050% / 4h44m 40s$1.5M$35K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$46.41
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$67.41
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Phemex: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.122%
Avg gap 7d
−0.053%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago0.12 bp6.2 bp −$67.5 bp −$75doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago1.15 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit

PAXG on 28 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi PAXG/USDT-P−0.0152%1h$41K$144K20xas long as short
Injective PAXG/USDC PERP−0.0038%1h$1K$116K30xas long as short
Kraken Futures PF_PAXGUSD−0.0017%1h$1.3M$1.0M20xas long as short
dYdX PAXG-USD0.0000%1h$101K$19K5xas long as short
Gate PAXG_USDT0.0000%8h$15.8M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h$7.9M$831K50xas long as short
HTX PAXG-USDT0.0000%4h$915K$605K75xas long as short
Lighter PAXG+0.0096%1h$1.4M$694K25xas long as short
Paradex PAXG-USD-PERP+0.0099%8h$81K$2.7M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PAXGlong+0.0100%1h$20.3M$1.7M10x
Aster PAXGUSDT+0.0100%4h$905K$71K50xas long as short
Pacifica PAXG+0.0100%1h$1.0M$407K10xas long as short
Binance PAXGUSDT+0.0100%4h$79.4M$65.1M75xas long as short
Bybit PAXGUSDT+0.0100%4h$15.1M$3.3M75xas long as short
MEXC PAXG_USDT+0.0100%4h$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h$26.9M$4.9M30xas long as short
Bitget PAXGUSDT+0.0100%4h$9.1M$12.1M50xas long as short
BingX PAXG-USDT+0.0100%4h$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h$1.1M$1.1M50xas long as short
Variational Omni PAXG+0.0100%4h$12.5M$70Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h$263K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h$55810xas long as short
Phemex PAXGUSDTshort+0.0100%4h$1.5M$35K50x
Extended PAXG-USD+0.0104%1h$375K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h$981K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0784%1h$15K$7K10xas long as short