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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.029%
Price spread now: Reya against ApeX Omni−0.046%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 airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.046% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PAXGUSDT4,335.3−0.0086get 0.0011% / 1h44m 36s$262K$787K50x
ShortReya PAXGRUSDPERP4,333.40.0189get 0.0024% / 1h44m 36s$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against ApeX 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
$57.88
Price spread: −0.046% → 0.000%
−$4.57
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$37.32
Costs to cover
0.160%
Break-even
2.5 days
Slippage unknown: ApeX Omni: live order book, 9 min ago; Reya: no order-book sample. 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 ApeX Omni live order book, 9 min ago2.53 bp7.8 bp −$878.0 bp −$780doesn't fitdoesn't fit
Sell Reya no order-book sample
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 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−0.0160%1h4,334−0.030%$1.4M$362K25xas long as short
Hibachi PAXG/USDT-P−0.0160%1h4,336+0.015%$42K$154K20xas long as short
GRVT PAXG_USDT_Perp−0.0144%4h4,333.7−0.038%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTlong−0.0086%1h4,335.3long leg$262K$787K50x
dYdX PAXG-USD0.0000%1h4,334.8−0.013%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,337.8+0.057%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,328.7−0.154%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,338.4+0.070%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,340.6+0.121%$903K$684K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.276%$1K$151K30xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0062%4h4,335.4+0.002%$80.0M$71.2M75xas long as short
Extended PAXG-USD+0.0064%1h4,334.2−0.026%$378K$1.4M25xas long as short
MEXC PAXG_USDT+0.0064%4h4,337.6+0.051%$16.1M$1.0M100xas long as short
Kraken Futures PF_PAXGUSD+0.0065%1h4,335.6+0.006%$1.3M$1.4M20xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,335.8+0.010%$81K$3.7M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.6−0.017%$55610xas long as short
Hyperliquid PAXG+0.0100%1h4,336.1+0.018%$20.7M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,335.8+0.011%$905K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,337.7+0.054%$1.0M$338K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,336.8+0.034%$14.9M$3.8M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,338.2+0.066%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,336.4+0.024%$9.7M$15.2M50xas long as short
BingX PAXG-USDT+0.0100%4h4,336.5+0.028%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,336.4+0.024%$1.3M$800K50xas long as short
Variational Omni PAXG+0.0100%4h4,336+0.015%$12.3M$227Kas long as short
Phemex PAXGUSDT+0.0100%4h4,333−0.054%$1.5M$39K50xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,333.4−0.046%$20K100x
Coinbase International PAXG-PERP-INTX+0.0296%1h4,336.7+0.031%$987K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1016%1h4,346.7+0.262%$29K$23K10xas long as short