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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.065%
Price spread now: Reya against dYdX−0.063%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
Funding pays, the price is against you. Reya is 0.063% cheaper against dYdX than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PAXG-USD4,355.20get 0.0000% / 1h24m 13s$102K$12K5x
ShortReya PAXGRUSDPERP4,352.40.0189get 0.0024% / 1h24m 13s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against dYdX. 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
$39.79
Price spread: −0.063% → 0.000%
−$6.34
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$17.45
Costs to cover
0.160%
Break-even
3.9 days
Slippage unknown: dYdX: live order book, 50 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 dYdX live order book, 50 min ago22.96 bp28.0 bp −$28120.2 bp −$1,202219.7 bp −$22.0K805.8 bp −$402.9K
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-USDlong0.0000%1h4,355.2long leg$102K$12K5x
Gate PAXG_USDT0.0000%8h4,354.7−0.011%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,347.8−0.170%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,356.2+0.024%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,360.1+0.113%$906K$650K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.181%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0082%4h4,353.9−0.029%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,350.9−0.099%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,352.4−0.065%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,352.8−0.055%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,353.1−0.048%$908K$29K50xas long as short
Pacifica PAXG+0.0100%1h4,354.4−0.019%$1.0M$366K10xas long as short
Binance PAXGUSDT+0.0100%4h4,351.5−0.084%$80.3M$71.0M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,352.2−0.068%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,353.4−0.042%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,355.2−0.001%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,350.7−0.103%$9.6M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,352.1−0.072%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,351.5−0.084%$1.4M$843K50xas long as short
Variational Omni PAXG+0.0100%4h4,353.8−0.031%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,352.5−0.062%$263K$786K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,352.9−0.053%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,350−0.119%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,351.3−0.089%$382K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0168%1h4,354.4−0.018%$42K$150K20xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,352.4−0.063%$21K100x
Kraken Futures PF_PAXGUSD+0.0208%1h4,352.2−0.069%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,359.9+0.108%$974K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1008%1h4,363.7+0.195%$29K$23K10xas long as short