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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.054%
Price spread now: Coinbase International against Variational Omni+0.093%7-day average +0.086% · you sell dearer than you buy
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)+0.218%+$22 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.093%, 7d avg +0.086%
Together, before fees+0.229%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,345.60.0100pay 0.0050% / 4h1h 53m$12.5M$104K
ShortCoinbase International PAXG-PERP-INTX4,349.70.0320get 0.0040% / 1h53m 11s$971K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$46.2
Price spread: +0.093% → +0.086%
$0.73
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$36.93
Costs to cover
0.100%
Break-even
1.4 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, just now. 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 Variational Omni RFQ quote, 1 min ago2.83 bpdoesn't fit7.7 bp −$77doesn't fitdoesn't fit
Sell Coinbase International live order book, just now1.52 bp6.5 bp −$713.6 bp −$136160.2 bp −$16.0Kdoesn'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
dYdX PAXG-USD0.0000%1h4,347.9+0.053%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,348.2+0.059%$15.7M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,341.6−0.093%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,349.2+0.083%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,349.4+0.086%$905K$647K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.038%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0070%4h4,346.4+0.018%$1.5M$2.0M10xas long as short
Hibachi PAXG/USDT-P+0.0072%1h4,347.1+0.035%$42K$154K20xas long as short
Lighter PAXG+0.0096%1h4,345.7+0.001%$1.4M$304K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,345.9+0.006%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,346.9+0.029%$20.8M$2.2M10xas long as short
Aster PAXGUSDT+0.0100%4h4,345.60.000%$907K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,347.7+0.049%$1.0M$340K10xas long as short
Binance PAXGUSDT+0.0100%4h4,345.8+0.004%$80.1M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,347.4+0.041%$15.2M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,346.6+0.022%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,348.8+0.072%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,346.7+0.024%$9.6M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,346.5+0.021%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,346.8+0.026%$1.3M$803K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,345.6long leg$12.5M$104K
ApeX Omni PAXGUSDT+0.0100%1h4,344.7−0.022%$263K$792K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,346+0.008%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,344−0.038%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,344.6−0.024%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,346.8+0.026%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,346.1+0.011%$21K100xas long as short
Coinbase International PAXG-PERP-INTXshort+0.0320%1h4,349.7+0.093%$971K$1.1M50x
01 Exchange PAXGUSD+0.1000%1h4,356.6+0.252%$29K$23K10xas long as short