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

PAXG

all PAXG markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 3 days+0.110%to open and close $10k−$19
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,347.60.0100pay 0.0100% / 8h5h 25m$84K$3.9M50x
ShortBackpack PAXG_USDC_PERP4,348.30.0100get 0.0013% / 1h25m 13s$1.4M$1.3M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0.02
Slippage, 4 orders
−$4.76
Fee Paradex: 2 bp × 2 orders
−$4
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$18.74
Break-even
6110.4 days
Slippage from Paradex: live order book, just now; Backpack: live order book, just now.

Price risk

price view
Price gap now
+0.016%
Avg gap 7d
+0.042%
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 Paradex live order book, just now2.29 bp4.3 bp −$4100.0 bp −$1,000doesn't fitdoesn't fit
Sell Backpack live order book, just now0.01 bp5.2 bp −$58.6 bp −$86doesn't fitdoesn't fit

PAXG on 28 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi PAXG/USDT-P−0.0168%1h$41K$153K20xas long as short
dYdX PAXG-USD0.0000%1h$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h$15.8M$4.4M100xas long as short
SunX PAXG-USDT0.0000%4h$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h$7.9M$833K50xas long as short
HTX PAXG-USDT0.0000%4h$911K$650K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h$1K$65K30xas long as short
Lighter PAXG+0.0096%1h$1.4M$705K25xas long as short
Paradex PAXG-USD-PERPlong+0.0100%8h$84K$3.9M50x
Hyperliquid PAXG+0.0100%1h$20.4M$1.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h$906K$71K50xas long as short
Pacifica PAXG+0.0100%1h$1.0M$388K10xas long as short
Binance PAXGUSDT+0.0100%4h$79.9M$67.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h$15.0M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h$15.9M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h$26.8M$5.1M30xas long as short
Bitget PAXGUSDT+0.0100%4h$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h$6.8Mas long as short
Backpack PAXG_USDC_PERPshort+0.0100%1h$1.4M$1.3M50x
Variational Omni PAXG+0.0100%4h$12.5M$88Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h$263K$787K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h$55810xas long as short
Phemex PAXGUSDT+0.0100%4h$1.5M$33K50xas long as short
Extended PAXG-USD+0.0104%1h$376K$1.2M25xas long as short
Kraken Futures PF_PAXGUSD+0.0106%1h$1.3M$1.3M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h$971K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0384%1h$15K$3K10xas long as short