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+0.0880%/8h= +96.4% APRnext payment +$1.10 per $10,000 · paid last 24h +0.226%
Price spread now: 01 Exchange against Extended+0.705%56s7-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 3 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
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and 01 Exchange is 0.705% dearer against Extended than usual: you sell high and buy low: +$71 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PAXG-USD4,366.50.0104pay 0.0013% / 1h50m 40s$379K$1.3M25x
Short01 Exchange PAXGUSD4,397.30.0984get 0.0123% / 1h50m 40s$29K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$184.8
Price spread: +0.705% → 0.000%
$70.53
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$243.33
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; 01 Exchange: 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, 3 min ago0.12 bp2.7 bp −$34.0 bp −$40doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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%1h4,367.1+0.014%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,369+0.057%$15.8M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,361.8−0.109%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,369.7+0.074%$8.0M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,368.3+0.042%$911K$658K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.440%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,366.2−0.006%$1.4M$269K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,367.2+0.017%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,366.50.000%$20.7M$2.1M10xas long as short
Aster PAXGUSDT+0.0100%4h4,367.3+0.019%$911K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,368.4+0.043%$1.0M$365K10xas long as short
Binance PAXGUSDT+0.0100%4h4,367.6+0.024%$80.3M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,368.9+0.055%$15.1M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,365.6−0.020%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,369.7+0.073%$28.5M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,368.5+0.046%$9.7M$15.4M50xas long as short
BingX PAXG-USDT+0.0100%4h4,368.2+0.040%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,367.2+0.017%$1.4M$973K50xas long as short
Variational Omni PAXG+0.0100%4h4,367+0.011%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,367.6+0.025%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,366.4−0.002%$264K$792K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,365.8−0.016%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,363−0.080%$1.5M$39K50xas long as short
Extended PAXG-USDlong+0.0104%1h4,366.5long leg$379K$1.3M25x
Hibachi PAXG/USDT-P+0.0128%1h4,367.5+0.023%$42K$155K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,366.3−0.004%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,367.3+0.019%$1.3M$1.5M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,371.6+0.117%$977K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.0984%1h4,397.3+0.705%$29K$23K10x