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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1356%/8h= −148.5% APRpaid last 24h −0.212%
Price spread now: Aster against 01 Exchange−0.344%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 airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Aster is 0.344% cheaper against 01 Exchange than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange PAXGUSD4,3530.1456pay 0.0182% / 1h59m 58s$29K$21K10x
ShortAster PAXGUSDT4,3380.0100get 0.0050% / 4h1h 59m$906K$75K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against 01 Exchange. 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
−$284.76
Price spread: −0.344% → 0.000%
−$34.37
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$334.13
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 23 min ago. 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 01 Exchange no order-book sample
Sell Aster live order book, 23 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn't fitdoesn't fit
01 Exchange: 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
Injective PAXG/USDC PERP−0.0101%1h4,337−0.368%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0072%1h4,335.5−0.402%$47K$156K20xas long as short
dYdX PAXG-USD0.0000%1h4,336.4−0.382%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,339.5−0.310%$15.7M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,333.9−0.440%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,342−0.253%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,341.9−0.255%$907K$661K75xas long as short
Lighter PAXG+0.0096%1h4,337−0.368%$1.4M$521K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,336.4−0.380%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,338.4−0.335%$20.3M$2.0M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,338−0.344%$906K$75K50x
Pacifica PAXG+0.0100%1h4,337.3−0.360%$1.0M$371K10xas long as short
Binance PAXGUSDT+0.0100%4h4,337.9−0.348%$79.9M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,339.3−0.315%$15.2M$3.9M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,339.9−0.300%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,339.9−0.300%$26.8M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,338.1−0.341%$9.2M$14.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,338.4−0.335%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,339.6−0.307%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,337.1−0.366%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,334−0.436%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,333.4−0.450%$262K$799K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,338−0.345%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,336−0.391%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,337.3−0.360%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,338.5−0.334%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,338.6−0.332%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,339.7−0.306%$976K$1.1M50xas long as short
01 Exchange PAXGUSDlong+0.1456%1h4,353long leg$29K$21K10x