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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Pacifica−0.029%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.029%, 7d avg −0.007%
Together, before fees+0.010%+ Points / potential airdropPacifica: Active · farm board+$1 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: BingX is 0.022% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,337.30.0100pay 0.0013% / 1h55m 23s$1.0M$303K10x
ShortBingX PAXG-USDT4,336.10.0100get 0.0050% / 4h1h 55m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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: −0.029% → −0.007%
−$2.2
Slippage, 4 orders
−$2.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$22.29
Costs to cover
0.201%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; BingX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 2 min ago0.12 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, just now0.31 bp5.3 bp −$55.6 bp −$5610.4 bp −$1,04132.9 bp −$16.5K

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%1h4,332.7−0.105%$117K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,338.2+0.021%$15.7M$4.0M100xas long as short
SunX PAXG-USDT0.0000%4h4,330.2−0.163%$2K$2.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.4+0.002%$7.9M$180K50xas long as short
HTX PAXG-USDT0.0000%4h4,337.8+0.010%$913K$821K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.231%$1K$151K30xas long as short
Lighter PAXG+0.0056%1h4,334.4−0.067%$1.4M$498K25xas long as short
GRVT PAXG_USDT_Perp+0.0094%4h4,333.1−0.096%$1.5M$2.0M10xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,334.6−0.062%$80K$4.3M50xas long as short
Hyperliquid PAXG+0.0100%1h4,335.9−0.032%$21.3M$2.6M10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,336.1−0.028%$908K$41K50xas long as short
Pacifica PAXGlong+0.0100%1h4,337.3long leg$1.0M$303K10x
Binance PAXGUSDT+0.0100%4h4,336.4−0.022%$80.3M$81.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,336.8−0.011%$14.9M$4.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,336.6−0.016%$16.6M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.4+0.049%$28.9M$5.9M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,336−0.030%$9.2M$16.8M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,336.1−0.029%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,335−0.052%$1.2M$873K50xas long as short
Variational Omni PAXG+0.0100%4h4,332.7−0.105%$12.2M$279Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,334.7−0.059%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,335−0.053%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,329−0.191%$1.5M$81K50xas long as short
Extended PAXG-USD+0.0104%1h4,334.8−0.057%$374K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,335−0.053%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,335.1−0.051%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0264%1h4,332.6−0.109%$934K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0312%1h4,334.3−0.070%$43K$181K20xas long as short
01 Exchange PAXGUSD+0.0944%1h4,347.7+0.240%$29K$23K10xas long as short