data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average−0.007%if it closes, per $10,000$5funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PAXGUSDT4,342.60.0100pay 0.0050% / 4h3h 58m$15.0M$3.3M75x
ShortVariational Omni PAXG4,344.60.0100get 0.0050% / 4h3h 58m$12.5M$85K

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$4.54
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.46
Spread needed to break even
0.110%
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.12 bp8.0 bp −$813.9 bp −$13950.2 bp −$5,019doesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.83 bpdoesn't fit8.0 bp −$80doesn't fitdoesn't fit

PAXG price on every exchange

against the cheapest. Click to use as the short leg.

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX PAXG-USDT−0.113%0.0000%4h$2K$4.2M20xas long as short
Injective PAXG/USDC PERP−0.097%+0.0033%1h$1K$97K30xas long as short
Lighter PAXG−0.033%+0.0096%1h$1.4M$698K25xas long as short
Hyperliquid PAXG−0.032%+0.0100%1h$20.3M$1.7M10xas long as short
Bitget PAXGUSDT−0.026%+0.0100%4h$9.1M$12.2M50xas long as short
Extended PAXG-USD−0.025%+0.0104%1h$377K$1.2M25xas long as short
Phemex PAXGUSDT−0.014%+0.0100%4h$1.5M$36K50xas long as short
Binance PAXGUSDT−0.010%+0.0100%4h$79.3M$66.7M75xas long as short
Reya PAXGRUSDPERP−0.005%+0.0189%1h$21K100xas long as short
Orderly PERP_PAXG_USDC_mythos−0.002%+0.0100%4h$55710xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PAXGUSDTlong0.000%+0.0100%4h$15.0M$3.3M75x
Hibachi PAXG/USDT-P+0.010%−0.0112%1h$41K$144K20xas long as short
Pacifica PAXG+0.013%+0.0100%1h$1.0M$403K10xas long as short
Kraken Futures PF_PAXGUSD+0.013%+0.0051%1h$1.3M$1.1M20xas long as short
BingX PAXG-USDT+0.018%+0.0100%4h$6.7Mas long as short
ApeX Omni PAXGUSDT+0.020%+0.0100%1h$263K$790K50xas long as short
Paradex PAXG-USD-PERP+0.025%+0.0100%8h$84K$3.0M50xas long as short
Aster PAXGUSDT+0.026%+0.0100%4h$905K$71K50xas long as short
KuCoin PAXGUSDTM+0.026%+0.0100%4h$26.7M$5.0M30xas long as short
Backpack PAXG_USDC_PERP+0.032%+0.0100%1h$1.1M$1.1M50xas long as short
Gate PAXG_USDT+0.037%0.0000%8h$15.8M$4.3M100xas long as short
Variational Omni PAXGshort+0.045%+0.0100%4h$12.5M$85K
MEXC PAXG_USDT+0.056%+0.0100%4h$16.0M$1.3M100xas long as short
Deribit PAXG_USDC-PERPETUAL+0.069%0.0000%1h$7.9M$832K50xas long as short
dYdX PAXG-USD+0.090%0.0000%1h$101K$19K5xas long as short
Coinbase International PAXG-PERP-INTX+0.128%+0.0256%1h$973K$1.1M50xas long as short
HTX PAXG-USDT+0.142%0.0000%4h$917K$617K75xas long as short
01 Exchange PAXGUSD+0.159%+0.0488%1h$15K$6K10xas long as short