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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BingX+0.084%7-day average −0.011% · you sell dearer than you buy
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 4 days (all we have)0.000%$0 on $10k
Price spread, last 7 days−0.099%−$10 · spread now +0.084%, 7d avg −0.011%
Together, before fees−0.099%+ Points / potential airdropVariational Omni: Active · farm board−$10 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: Variational Omni is 0.096% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,3200.0100pay 0.0050% / 4h1h 57m$6.8M
ShortVariational Omni PAXG4,323.70.0100get 0.0050% / 4h1h 57m$12.3M$221K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.084% → −0.011%
$9.56
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$0.44
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 10 min ago0.07 bp5.9 bp −$67.4 bp −$7411.5 bp −$1,15527.6 bp −$13.8K
Sell Variational Omni RFQ quote, 2 min ago2.82 bpdoesn't fit8.0 bp −$80doesn't fitdoesn't fit

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−0.0208%1h4,317.7−0.053%$1.4M$392K25xas long as short
Hibachi PAXG/USDT-P−0.0136%1h4,321.8+0.041%$44K$167K20xas long as short
GRVT PAXG_USDT_Perp−0.0076%4h4,324.1+0.095%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,321.5+0.036%$1.2M$1.9M20xas long as short
ApeX Omni PAXGUSDT−0.0001%1h4,323.5+0.081%$261K$782K50xas long as short
dYdX PAXG-USD0.0000%1h4,321.6+0.038%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,321+0.023%$15.6M$3.7M100xas long as short
SunX PAXG-USDT0.0000%4h4,318.1−0.044%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,326+0.140%$7.9M$835K50xas long as short
HTX PAXG-USDT0.0000%4h4,328.6+0.198%$902K$748K75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PAXG_USDT+0.0006%4h4,323.8+0.087%$16.5M$1.0M100xas long as short
Binance PAXGUSDT+0.0008%4h4,319.4−0.014%$79.7M$74.3M75xas long as short
Extended PAXG-USD+0.0008%1h4,317.8−0.051%$376K$1.4M25xas long as short
Aster PAXGUSDT+0.0030%4h4,3200.000%$901K$27K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.632%$1K$151K30xas long as short
Hyperliquid PAXG+0.0065%1h4,3200.000%$20.7M$2.4M10xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,319.7−0.007%$85K$3.2M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,321.8+0.042%$55510xas long as short
Pacifica PAXG+0.0100%1h4,321.5+0.035%$1.0M$320K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,320.1+0.003%$14.9M$4.1M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,321.9+0.044%$28.4M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,318.7−0.030%$9.3M$16.2M50xas long as short
BingX PAXG-USDTlong+0.0100%4h4,320long leg$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,321.8+0.041%$1.3M$810K50xas long as short
Variational Omni PAXGshort+0.0100%4h4,323.7+0.084%$12.3M$221K
Phemex PAXGUSDT+0.0100%4h4,319−0.023%$1.5M$46K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,321.5+0.034%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,333.5+0.311%$978K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0792%1h4,330.7+0.248%$29K$24K10xas long as short