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

PAXG

all PAXG markets
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Funding spread now, next payment 14:00 UTC−0.0724%/8h
paid, last 24h−0.184%paid, last 3 days−0.122%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.122% in total (about -15.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange PAXGUSD4,367.20.0824pay 0.0103% / 1h27m 28s$15K$8K10x
ShortKuCoin PAXGUSDTM4,359.50.0100get 0.0050% / 4h2h 27m$27.5M$4.4M30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$152.04
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$171.04
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; KuCoin: live order book, 8 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.176%
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 01 Exchange no order-book sample
Sell KuCoin live order book, 8 min ago0.26 bp7.1 bp −$712.7 bp −$127doesn'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 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 PAXGUSDTMshort+0.0100%4h$27.5M$4.4M30x
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$263K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h$55910xas long as short
Phemex PAXGUSDT+0.0100%4h$1.5M$24K50xas long as short
Extended PAXG-USD+0.0104%1h$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h$21K100xas long as short
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 PAXGUSDlong+0.0824%1h$15K$8K10x