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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against KuCoin−0.074%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days−0.083%−$8 · spread now −0.074%, 7d avg −0.076%
Together, before fees−0.084%+ Points / potential airdropParadex: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PAXGUSDTM4,343.10.0100pay 0.0050% / 4h10m 15s$28.6M$5.4M30x
ShortParadex PAXG-USD-PERP4,339.90.0100get 0.0100% / 8h4h 10m$81K$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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
−$0.02
Price spread: −0.074% → −0.076%
$0.22
Slippage, 4 orders
−$10.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$25.88
Costs to cover
0.261%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Paradex: live order book, 4 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 KuCoin live order book, 9 min ago0.91 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Paradex live order book, 4 min ago2.25 bp4.2 bp −$497.4 bp −$974doesn'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−0.0128%1h4,339.8−0.075%$42K$155K20xas long as short
Lighter PAXG−0.0016%1h4,338.9−0.096%$1.4M$357K25xas long as short
dYdX PAXG-USD0.0000%1h4,342−0.025%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,342.5−0.013%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,335.7−0.169%$1K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,343.6+0.012%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,346.5+0.080%$904K$686K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.097%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0064%1h4,339.2−0.090%$262K$789K50xas long as short
GRVT PAXG_USDT_Perp+0.0066%4h4,340.1−0.068%$1.5M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERPshort+0.0100%8h4,339.9−0.074%$81K$3.7M50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,339.1−0.091%$55710xas long as short
Hyperliquid PAXG+0.0100%1h4,340.5−0.059%$20.8M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340.9−0.050%$906K$26K50xas long as short
Pacifica PAXG+0.0100%1h4,341.5−0.036%$1.0M$340K10xas long as short
Binance PAXGUSDT+0.0100%4h4,340.4−0.062%$80.1M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,341.5−0.036%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,342.8−0.007%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTMlong+0.0100%4h4,343.1long leg$28.6M$5.4M30x
Bitget PAXGUSDT+0.0100%4h4,341.4−0.039%$9.7M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,340.9−0.051%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,340.6−0.058%$1.3M$806K50xas long as short
Variational Omni PAXG+0.0100%4h4,339.4−0.083%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.048%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,338.9−0.095%$379K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,340.2−0.066%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,340.7−0.055%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,346.5+0.078%$968K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0864%1h4,350.2+0.164%$29K$23K10xas long as short