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 −0.002%
Price spread now: Orderly against BingX−0.013%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,341.30.0100pay 0.0050% / 4h1h 07m$6.8M
ShortOrderly PERP_PAXG_USDC_mythos4,340.70.0100get 0.0050% / 4h1h 07m$55710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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: −0.013% → 0.000%
−$1.27
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.27
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, just now; Orderly: 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 BingX live order book, just now0.17 bp5.3 bp −$55.8 bp −$5810.2 bp −$1,02432.1 bp −$16.0K
Sell Orderly no order-book sample
Orderly: 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
Hibachi PAXG/USDT-P−0.0072%1h4,341.8+0.012%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3+0.001%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,342+0.017%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,336−0.121%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,343.4+0.050%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.6+0.147%$904K$662K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.139%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,343+0.040%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,338.7−0.060%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,340.5−0.018%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,340.2−0.024%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340.8−0.011%$906K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,342.6+0.030%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,339.4−0.043%$80.1M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,341−0.007%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.9+0.016%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,342.7+0.033%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,340.2−0.025%$9.6M$14.9M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,341.3long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,340.5−0.018%$1.3M$801K50xas long as short
Variational Omni PAXG+0.0100%4h4,340.4−0.019%$12.4M$99Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,342+0.018%$263K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,340.7−0.013%$55710x
Phemex PAXGUSDT+0.0100%4h4,341−0.006%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,338.5−0.064%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,340.7−0.014%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,340.2−0.024%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.270%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1008%1h4,351.5+0.236%$29K$23K10xas long as short