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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%
Price spread now: Reya against Pacifica−0.027%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.027% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,3180.0100pay 0.0013% / 1h18m 57s$1.0M$316K10x
ShortReya PAXGRUSDPERP4,316.80.0189get 0.0024% / 1h18m 57s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.79
Price spread: −0.027% → 0.000%
−$2.7
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$2.09
Costs to cover
0.140%
Break-even
6.2 days
Slippage unknown: Pacifica: live order book, 5 min ago; Reya: 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 Pacifica live order book, 5 min ago0.12 bp4.5 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Lighter PAXG−0.0184%1h4,315.8−0.051%$1.4M$467K25xas long as short
Hibachi PAXG/USDT-P−0.0128%1h4,318.6+0.014%$42K$168K20xas long as short
GRVT PAXG_USDT_Perp−0.0110%4h4,317.6−0.010%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,318.2+0.005%$1.2M$1.9M20xas long as short
Extended PAXG-USD−0.0008%1h4,316.7−0.029%$378K$625K25xas long as short
Binance PAXGUSDT−0.0006%4h4,317.8−0.003%$79.6M$75.2M75xas long as short
MEXC PAXG_USDT−0.0006%4h4,322.7+0.109%$16.5M$1.0M100xas long as short
dYdX PAXG-USD0.0000%1h4,317.9−0.002%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,318.9+0.022%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,313.7−0.099%$2K$3.4M20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321.6+0.085%$7.9M$850K50xas long as short
HTX PAXG-USDT0.0000%4h4,322.5+0.106%$904K$773K75xas long as short
Aster PAXGUSDT+0.0011%4h4,319.9+0.045%$901K$27K50xas long as short
ApeX Omni PAXGUSDT+0.0032%1h4,318.1+0.002%$261K$772K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.679%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,317.4−0.013%$85K$3.3M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,316−0.046%$55410xas long as short
Hyperliquid PAXG+0.0100%1h4,318.2+0.005%$20.8M$2.4M10xas long as short
Pacifica PAXGlong+0.0100%1h4,318long leg$1.0M$316K10x
Bybit PAXGUSDT+0.0100%4h4,318+0.001%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,319.8+0.043%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,317.9−0.001%$9.4M$16.5M50xas long as short
BingX PAXG-USDT+0.0100%4h4,318.1+0.002%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,318.1+0.004%$1.3M$826K50xas long as short
Variational Omni PAXG+0.0100%4h4,317.7−0.006%$12.3M$223Kas long as short
Phemex PAXGUSDT+0.0100%4h4,316−0.046%$1.5M$52K50xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,316.8−0.027%$20K100x
Coinbase International PAXG-PERP-INTX+0.0232%1h4,320+0.047%$943K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0792%1h4,327+0.209%$29K$23K10xas long as short