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+0.0008%/8h= +0.9% APRpaid last 24h −0.028%
Price spread now: SunX against Extended−0.071%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.157%−$16 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.071%, 7d avg −0.061%
Together, before fees−0.142%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PAXG-USD4,316.1−0.0008get 0.0001% / 1h21m 48s$378K$625K25x
ShortSunX PAXG-USDT4,313.10get 0.0000% / 4h1h 21m$2K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$1.68
Price spread: −0.071% → −0.061%
−$1.05
Slippage, 4 orders
−$56.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$68.52
Costs to cover
0.692%
Break-even
292.5 days
Slippage from Extended: live order book, 21 min ago; SunX: live order book, 6 min ago.

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, 21 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago21.53 bp25.5 bp −$2655.2 bp −$552doesn'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−0.0184%1h4,316.2+0.001%$1.4M$466K25xas long as short
Hibachi PAXG/USDT-P−0.0128%1h4,317.7+0.036%$42K$168K20xas long as short
GRVT PAXG_USDT_Perp−0.0108%4h4,318+0.042%$1.5M$2.0M10xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,317.4+0.030%$1.2M$1.9M20xas long as short
Extended PAXG-USDlong−0.0008%1h4,316.1long leg$378K$625K25x
Binance PAXGUSDT−0.0006%4h4,318.3+0.051%$79.6M$75.1M75xas long as short
MEXC PAXG_USDT−0.0006%4h4,322.7+0.151%$16.5M$1.0M100xas long as short
dYdX PAXG-USD0.0000%1h4,317.9+0.040%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,319+0.066%$15.6M$3.8M100xas long as short
SunX PAXG-USDTshort0.0000%4h4,313.1−0.071%$2K$3.4M20x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,321.3+0.120%$7.9M$850K50xas long as short
HTX PAXG-USDT0.0000%4h4,322+0.135%$903K$771K75xas long as short
Aster PAXGUSDT+0.0011%4h4,320+0.090%$901K$27K50xas long as short
ApeX Omni PAXGUSDT+0.0013%1h4,317.9+0.041%$261K$772K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.722%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0098%8h4,318.3+0.051%$85K$3.3M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,316.4+0.006%$55410xas long as short
Hyperliquid PAXG+0.0100%1h4,318.2+0.048%$20.8M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,319.8+0.085%$1.0M$316K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,318.4+0.051%$14.9M$4.0M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,319.5+0.077%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,317.4+0.028%$9.4M$16.5M50xas long as short
BingX PAXG-USDT+0.0100%4h4,318.5+0.055%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,317.5+0.033%$1.3M$826K50xas long as short
Variational Omni PAXG+0.0100%4h4,316.9+0.018%$12.3M$223Kas long as short
Phemex PAXGUSDT+0.0100%4h4,315−0.026%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,316.6+0.012%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,319.4+0.077%$948K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0792%1h4,328.3+0.282%$29K$23K10xas long as short