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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Pacifica against Paradex+0.060%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 7 days+0.033%+$3 · spread now +0.060%, 7d avg +0.051%
Together, before fees+0.042%+ Points / potential airdropParadex: Active · Pacifica: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,320.60.0098pay 0.0098% / 8h36m 36s$85K$3.5M50x
ShortPacifica PAXG4,323.20.0100get 0.0013% / 1h36m 36s$1.0M$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Paradex. 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
$0.33
Price spread: +0.060% → +0.051%
$0.93
Slippage, 4 orders
−$5.63
Fee Paradex: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$16.37
Costs to cover
0.176%
Break-even
354.5 days
Slippage from Paradex: live order book, 3 min ago; Pacifica: live order book, 2 min ago.

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, 3 min ago2.29 bp4.3 bp −$492.1 bp −$921doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.12 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit

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−0.0176%1h4,319.5−0.026%$1.4M$482K25xas long as short
GRVT PAXG_USDT_Perp−0.0104%4h4,321.8+0.028%$1.5M$2.0M10xas long as short
Hibachi PAXG/USDT-P−0.0104%1h4,322.4+0.042%$41K$168K20xas long as short
Kraken Futures PF_PAXGUSD−0.0055%1h4,322.1+0.035%$1.2M$1.8M20xas long as short
dYdX PAXG-USD0.0000%1h4,321.4+0.020%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,323.5+0.067%$15.6M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,317.9−0.062%$2K$3.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,325.5+0.114%$7.9M$659K50xas long as short
HTX PAXG-USDT0.0000%4h4,325.9+0.123%$903K$783K75xas long as short
MEXC PAXG_USDT+0.0012%4h4,327.1+0.150%$16.7M$1.0M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0013%4h4,321.2+0.014%$79.7M$74.1M75xas long as short
Extended PAXG-USD+0.0016%1h4,320.1−0.012%$376K$1.6M25xas long as short
Aster PAXGUSDT+0.0021%4h4,321.9+0.030%$902K$29K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.618%$1K$151K30xas long as short
Bitget PAXGUSDT+0.0076%4h4,321.2+0.014%$9.4M$15.9M50xas long as short
ApeX Omni PAXGUSDT+0.0081%1h4,322.3+0.040%$262K$775K50xas long as short
Paradex PAXG-USD-PERPlong+0.0098%8h4,320.6long leg$85K$3.5M50x
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,320.4−0.004%$55410xas long as short
Hyperliquid PAXG+0.0100%1h4,322.1+0.035%$20.8M$2.4M10xas long as short
Pacifica PAXGshort+0.0100%1h4,323.2+0.060%$1.0M$303K10x
Bybit PAXGUSDT+0.0100%4h4,322+0.033%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,323.2+0.061%$28.7M$5.3M30xas long as short
BingX PAXG-USDT+0.0100%4h4,322.5+0.045%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,321.8+0.028%$1.3M$822K50xas long as short
Variational Omni PAXG+0.0100%4h4,322.2+0.038%$12.3M$223Kas long as short
Phemex PAXGUSDT+0.0100%4h4,322+0.033%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,320.7+0.003%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0224%1h4,325.9+0.124%$950K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0912%1h4,332.1+0.267%$29K$23K10xas long as short