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

PAXG

all PAXG markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0089%/8h
paid, last 24h−0.027%paid, last 3 days+0.047%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PAXGRUSDPERP4,357.60.0189pay 0.0024% / 1h27m 40s$21K100x
ShortPhemex PAXGUSDT4,3590.0100get 0.0050% / 4h2h 27m$1.5M$24K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$18.79
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$36.79
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.032%
Avg gap 7d
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 Reya no order-book sample
Sell Phemex live order book, 2 min ago2.30 bp28.3 bp −$28doesn't fitdoesn't fitdoesn't fit
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 28 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PAXG-USD0.0000%1h$102K$18K5xas long as short
Gate PAXG_USDT0.0000%8h$16.0M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h$2K$3.5M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h$7.9M$814K50xas long as short
HTX PAXG-USDT0.0000%4h$919K$521K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h$1K$117K30xas long as short
Lighter PAXG+0.0096%1h$1.4M$678K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h$84K$2.2M50xas long as short
Hyperliquid PAXG+0.0100%1h$20.3M$1.5M10xas long as short
Aster PAXGUSDT+0.0100%4h$901K$63K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PAXG+0.0100%1h$1.0M$404K10xas long as short
Binance PAXGUSDT+0.0100%4h$78.8M$55.3M75xas long as short
Bybit PAXGUSDT+0.0100%4h$15.2M$2.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h$16.3M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h$27.5M$4.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h$9.1M$10.3M50xas long as short
BingX PAXG-USDT+0.0100%4h$6.7Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h$1.1M$749K50xas long as short
Variational Omni PAXG+0.0100%4h$12.5M$71Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h$264K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h$55910xas long as short
Phemex PAXGUSDTshort+0.0100%4h$1.5M$24K50x
Extended PAXG-USD+0.0104%1h$378K$1.2M25xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h$21K100x
Kraken Futures PF_PAXGUSD+0.0201%1h$1.3M$1.0M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0256%1h$970K$459K50xas long as short
Hibachi PAXG/USDT-P+0.0312%1h$44K$139K20xas long as short
01 Exchange PAXGUSD+0.0824%1h$15K$8K10xas long as short