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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.035%
Price spread now: Reya against Bitget−0.011%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PAXGUSDT4,356.80.0100pay 0.0050% / 4h1h 05m$9.2M$13.3M50x
ShortReya PAXGRUSDPERP4,356.30.0189get 0.0024% / 1h5m 53s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Bitget. 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
$18.79
Price spread: −0.011% → 0.000%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$0.32
Costs to cover
0.180%
Break-even
7.1 days
Slippage unknown: Bitget: live order book, 8 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 Bitget live order book, 8 min ago0.01 bp8.2 bp −$811.8 bp −$118doesn'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
dYdX PAXG-USD0.0000%1h4,354.3−0.057%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.8+0.046%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,351.2−0.127%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,359.6+0.064%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,358.7+0.044%$911K$634K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.218%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,358.5+0.039%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,355.6−0.028%$1.4M$274K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,355.6−0.026%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,356.5−0.007%$20.4M$1.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,356.5−0.006%$909K$27K50xas long as short
Pacifica PAXG+0.0100%1h4,357.3+0.012%$1.0M$344K10xas long as short
Binance PAXGUSDT+0.0100%4h4,356.7−0.003%$80.2M$67.3M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.80.000%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,352.4−0.102%$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,358.2+0.032%$26.9M$5.2M30xas long as short
Bitget PAXGUSDTlong+0.0100%4h4,356.8long leg$9.2M$13.3M50x
BingX PAXG-USDT+0.0100%4h4,356.4−0.009%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357.2+0.008%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,352.6−0.097%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.3−0.034%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,352.9−0.090%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,355.5−0.030%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,352−0.110%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,355.7−0.024%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0112%1h4,356.6−0.005%$48K$139K20xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,356.3−0.011%$21K100x
Coinbase International PAXG-PERP-INTX+0.0320%1h4,357.4+0.013%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1280%1h4,367+0.234%$29K$22K10xas long as short