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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.003%
Price spread now: Paradex against Aster−0.044%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.044%, 7d avg −0.032%
Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PAXGUSDT4,3290.0100pay 0.0050% / 4h1h 05m$905K$42K50x
ShortParadex PAXG-USD-PERP4,327.10.0099get 0.0099% / 8h5h 05m$80K$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.13
Price spread: −0.044% → −0.032%
−$1.22
Slippage, 4 orders
−$6.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$19.74
Costs to cover
0.184%
Break-even
never at this rate
Slippage from Aster: live order book, 40 min ago; Paradex: live order book, 2 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, 40 min ago0.06 bp5.4 bp −$517.2 bp −$172doesn't fitdoesn't fit
Sell Paradex live order book, 2 min ago2.27 bp4.3 bp −$495.2 bp −$952doesn't fitdoesn't fit

PAXG on 29 exchanges

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-USD−0.0253%1h4,329.1+0.003%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,330+0.023%$15.6M$4.1M100xas long as short
SunX PAXG-USDT0.0000%4h4,324−0.115%$2K$2.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,332.5+0.080%$7.9M$203K50xas long as short
HTX PAXG-USDT0.0000%4h4,331.3+0.052%$912K$825K75xas long as short
Lighter PAXG+0.0008%1h4,327.3−0.040%$1.4M$499K25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.422%$1K$151K30xas long as short
Paradex PAXG-USD-PERPshort+0.0099%8h4,327.1−0.044%$80K$4.2M50x
Hyperliquid PAXG+0.0100%1h4,328.5−0.012%$21.3M$2.5M10xas long as short
Aster PAXGUSDTlong+0.0100%4h4,329long leg$905K$42K50x
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,329.8+0.018%$1.0M$330K10xas long as short
Binance PAXGUSDT+0.0100%4h4,329.1+0.002%$80.3M$80.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,329.7+0.016%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,333.6+0.105%$16.5M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,331.4+0.055%$28.9M$6.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,328.4−0.015%$9.2M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,329.5+0.011%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,329.2+0.005%$1.2M$867K50xas long as short
Variational Omni PAXG+0.0100%4h4,327.8−0.028%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,328.7−0.007%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,327.7−0.029%$262K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,327.7−0.030%$55510xas long as short
Phemex PAXGUSDT+0.0100%4h4,328−0.023%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,327.5−0.034%$375K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,330+0.024%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,327.7−0.031%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0264%1h4,333.4+0.101%$927K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0296%1h4,327.6−0.032%$47K$180K20xas long as short
01 Exchange PAXGUSD+0.0976%1h4,338.8+0.226%$29K$23K10xas long as short