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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against MEXC−0.025%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.025% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,3550.0100pay 0.0050% / 4h3h 25m$16.2M$1.2M100x
ShortOrderly PERP_PAXG_USDC_mythos4,353.90.0100get 0.0050% / 4h3h 25m$55910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against MEXC. 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: −0.025% → 0.000%
−$2.46
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.46
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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, 3 min ago0.01 bp2.3 bp −$219.9 bp −$19964.7 bp −$6,468150.9 bp −$75.4K
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.005%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,355.6+0.014%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,349.1−0.134%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,357.1+0.049%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,361.4+0.148%$907K$651K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.176%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0082%4h4,353.9−0.024%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,352.4−0.059%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353−0.045%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,353.9−0.025%$20.8M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,355.2+0.006%$908K$29K50xas long as short
Pacifica PAXG+0.0100%1h4,3550.000%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,353.4−0.036%$80.3M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,354.7−0.006%$15.1M$3.6M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h4,355long leg$16.2M$1.2M100x
KuCoin PAXGUSDTM+0.0100%4h4,355.9+0.021%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,353.9−0.025%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,354−0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,354.1−0.020%$1.4M$843K50xas long as short
Variational Omni PAXG+0.0100%4h4,353.8−0.026%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,352.5−0.057%$263K$786K50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,353.9−0.025%$55910x
Phemex PAXGUSDT+0.0100%4h4,351−0.091%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,352.4−0.058%$382K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0160%1h4,354.3−0.016%$42K$150K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,353.8−0.027%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,354.1−0.021%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,359.9+0.113%$974K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1008%1h4,364.2+0.212%$29K$23K10xas long as short