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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h 0.000%
Price spread now: MEXC against Pacifica−0.014%7-day average +0.056% · 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 7 days−0.057%−$6 on $10k
Price spread, last 7 days−0.025%−$3 · spread now −0.014%, 7d avg +0.056%
Together, before fees−0.082%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.070% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,326.50.0100pay 0.0013% / 1h2m 40s$1.0M$336K10x
ShortMEXC PAXG_USDT4,325.90.0014get 0.0007% / 4h2h 02m$16.4M$1.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$18.06
Price spread: −0.014% → +0.056%
−$7.02
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$37.08
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; MEXC: live order book, 1 min ago. 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 Pacifica live order book, 1 min ago0.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.66 bp6.2 bp −$624.1 bp −$24150.3 bp −$5,034133.1 bp −$66.6K

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
Lighter PAXG−0.0136%1h4,322.6−0.091%$1.4M$392K25xas long as short
Hibachi PAXG/USDT-P−0.0112%1h4,326.4−0.001%$42K$165K20xas long as short
Kraken Futures PF_PAXGUSD−0.0102%1h4,324.2−0.054%$1.2M$1.9M20xas long as short
GRVT PAXG_USDT_Perp−0.0058%4h4,330.7+0.098%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT−0.0007%1h4,327.7+0.027%$262K$783K50xas long as short
dYdX PAXG-USD0.0000%1h4,325.2−0.029%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,326.50.000%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,320.3−0.144%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,327.1+0.014%$7.9M$835K50xas long as short
HTX PAXG-USDT0.0000%4h4,329.7+0.073%$902K$745K75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0012%4h4,324.1−0.055%$79.7M$74.3M75xas long as short
MEXC PAXG_USDTshort+0.0014%4h4,325.9−0.014%$16.4M$1.1M100x
Extended PAXG-USD+0.0016%1h4,322.7−0.088%$376K$1.4M25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.481%$1K$151K30xas long as short
Aster PAXGUSDT+0.0037%4h4,326.5+0.001%$903K$27K50xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,324.5−0.045%$81K$3.2M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,324.6−0.044%$55510xas long as short
Hyperliquid PAXG+0.0100%1h4,324.3−0.051%$20.8M$2.4M10xas long as short
Pacifica PAXGlong+0.0100%1h4,326.5long leg$1.0M$336K10x
Bybit PAXGUSDT+0.0100%4h4,325−0.035%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,326−0.011%$28.5M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,323.5−0.069%$9.3M$16.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,325.9−0.014%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,323.7−0.066%$1.3M$811K50xas long as short
Variational Omni PAXG+0.0100%4h4,330+0.081%$12.3M$221Kas long as short
Phemex PAXGUSDT+0.0100%4h4,321−0.127%$1.5M$46K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,323.7−0.064%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0248%1h4,333.5+0.161%$978K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0856%1h4,335.1+0.199%$29K$24K10xas long as short