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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster+0.043%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.043%, 7d avg +0.113%
Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.070% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,340.90.0100pay 0.0050% / 4h15m 28s$906K$26K50x
ShortMEXC PAXG_USDT4,342.80.0100get 0.0050% / 4h15m 28s$16.1M$1.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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
$0
Price spread: +0.043% → +0.113%
−$6.97
Slippage, 4 orders
−$7.76
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$26.73
Costs to cover
0.198%
Break-even
never at this rate
Slippage from Aster: live order book, 42 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 42 min ago0.01 bp5.0 bp −$516.0 bp −$160doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.49 bp5.7 bp −$620.0 bp −$20045.6 bp −$4,559119.8 bp −$59.9K

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
Hibachi PAXG/USDT-P−0.0136%1h4,343.5+0.060%$42K$155K20xas long as short
Lighter PAXG0.0000%1h4,338.5−0.055%$1.4M$357K25xas long as short
dYdX PAXG-USD0.0000%1h4,342+0.025%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,341.8+0.021%$15.6M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,339.7−0.029%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,346.8+0.135%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.9+0.183%$905K$682K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.147%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0072%4h4,343.8+0.067%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0091%1h4,340.90.000%$262K$788K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,339.6−0.029%$81K$3.7M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,339.1−0.042%$55710xas long as short
Hyperliquid PAXG+0.0100%1h4,340−0.021%$20.8M$2.4M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,340.9long leg$906K$26K50x
Pacifica PAXG+0.0100%1h4,341.3+0.009%$1.0M$340K10xas long as short
Binance PAXGUSDT+0.0100%4h4,339.3−0.036%$80.1M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,340.2−0.016%$14.9M$3.8M75xas long as short
MEXC PAXG_USDTshort+0.0100%4h4,342.8+0.043%$16.1M$1.1M100x
KuCoin PAXGUSDTM+0.0100%4h4,342.5+0.037%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,340.6−0.007%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,340.4−0.012%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,341.1+0.005%$1.3M$804K50xas long as short
Variational Omni PAXG+0.0100%4h4,343.1+0.050%$12.5M$97Kas long as short
Phemex PAXGUSDT+0.0100%4h4,343+0.048%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,337.9−0.069%$379K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,339.4−0.035%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,343+0.049%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,346.5+0.128%$968K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0856%1h4,350+0.209%$29K$23K10xas long as short