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

PAXG

all PAXG markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h+0.012%paid, last 7 days+0.059%to open and close $10k−$19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,349.50.0100pay 0.0050% / 4h3h 50m$16.0M$1.3M100x
ShortBackpack PAXG_USDC_PERP4,350.90.0100get 0.0013% / 1h50m 29s$1.1M$1.1M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$5.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$19.35
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Backpack: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.033%
Avg gap 7d
−0.058%
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 MEXC live order book, 4 min ago1.84 bp5.0 bp −$522.7 bp −$22761.6 bp −$6,157126.1 bp −$63.1K
Sell Backpack live order book, 5 min ago0.01 bp5.0 bp −$56.5 bp −$65doesn't fitdoesn't fit

PAXG on 28 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi PAXG/USDT-P−0.0120%1h$41K$144K20xas long as short
dYdX PAXG-USD0.0000%1h$102K$19K5xas long as short
Gate PAXG_USDT0.0000%8h$15.8M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h$2K$4.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h$7.9M$832K50xas long as short
HTX PAXG-USDT0.0000%4h$917K$620K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h$1K$97K30xas long as short
Kraken Futures PF_PAXGUSD+0.0051%1h$1.3M$1.1M20xas long as short
Lighter PAXG+0.0096%1h$1.4M$698K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h$86K$3.1M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h$20.3M$1.7M10xas long as short
Aster PAXGUSDT+0.0100%4h$906K$71K50xas long as short
Pacifica PAXG+0.0100%1h$1.0M$403K10xas long as short
Binance PAXGUSDT+0.0100%4h$79.4M$66.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h$15.1M$3.4M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h$16.0M$1.3M100x
KuCoin PAXGUSDTM+0.0100%4h$26.7M$5.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h$9.1M$12.3M50xas long as short
BingX PAXG-USDT+0.0100%4h$6.8Mas long as short
Backpack PAXG_USDC_PERPshort+0.0100%1h$1.1M$1.1M50x
Variational Omni PAXG+0.0100%4h$12.5M$85Kas 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 PAXGUSDT+0.0100%4h$1.5M$36K50xas long as short
Extended PAXG-USD+0.0104%1h$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0256%1h$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0400%1h$15K$5K10xas long as short