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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h 0.000%
Price spread now: Orderly against Extended+0.004%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: 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
LongExtended PAXG-USD4,315.7−0.0008get 0.0001% / 1h29m 47s$378K$625K25x
ShortOrderly PERP_PAXG_USDC_mythos4,315.90.0100get 0.0050% / 4h1h 29m$55410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Extended. 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
$22.68
Price spread: +0.004% → 0.000%
$0.36
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$12.04
Costs to cover
0.110%
Break-even
3.3 days
Slippage unknown: Extended: live order book, 13 min ago; 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 Extended live order book, 13 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn't fitdoesn't fit
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
Lighter PAXG−0.0184%1h4,314.9−0.020%$1.4M$466K25xas long as short
Hibachi PAXG/USDT-P−0.0152%1h4,318+0.053%$44K$166K20xas long as short
GRVT PAXG_USDT_Perp−0.0114%4h4,318.1+0.054%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,318+0.052%$1.2M$1.9M20xas long as short
Extended PAXG-USDlong−0.0008%1h4,315.7long leg$378K$625K25x
Binance PAXGUSDT−0.0005%4h4,316.8+0.025%$79.5M$75.0M75xas long as short
MEXC PAXG_USDT−0.0004%4h4,322.6+0.160%$16.5M$1.0M100xas long as short
dYdX PAXG-USD0.0000%1h4,317.9+0.049%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,318.9+0.073%$15.6M$3.8M100xas long as short
SunX PAXG-USDT0.0000%4h4,312.9−0.067%$2K$3.4M20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321.1+0.124%$7.9M$850K50xas long as short
HTX PAXG-USDT0.0000%4h4,319.9+0.096%$903K$770K75xas long as short
ApeX Omni PAXGUSDT+0.0004%1h4,318.6+0.066%$261K$772K50xas long as short
Aster PAXGUSDT+0.0013%4h4,319.1+0.077%$901K$27K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.731%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,316.9+0.026%$85K$3.3M50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,315.9+0.004%$55410x
Hyperliquid PAXG+0.0100%1h4,317.1+0.031%$20.7M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,319.3+0.082%$1.0M$316K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,317.4+0.038%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,319.4+0.086%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,316.4+0.015%$9.4M$16.5M50xas long as short
BingX PAXG-USDT+0.0100%4h4,317.9+0.050%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,317.2+0.034%$1.3M$814K50xas long as short
Variational Omni PAXG+0.0100%4h4,316.4+0.015%$12.3M$221Kas long as short
Phemex PAXGUSDT+0.0100%4h4,316+0.006%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,316.3+0.013%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,318.1+0.054%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0792%1h4,327.2+0.265%$29K$23K10xas long as short