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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: dYdX against Gate+0.006%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$490.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.006%, 7d avg −0.057%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.063% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PAXG_USDT4,345.20get 0.0000% / 8h4h 16m$15.6M$3.4M100x
ShortdYdX PAXG-USD4,345.50get 0.0000% / 1h16m 23s$101K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Gate. 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
$0
Price spread: +0.006% → −0.057%
$6.33
Slippage, 4 orders
−$24.45
Fee Gate: 7.5 bp × 2 orders
−$15
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$43.13
Costs to cover
0.495%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; dYdX: live order book, 42 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 Gate live order book, 2 min ago0.57 bp8.3 bp −$812.1 bp −$12125.3 bp −$2,52955.7 bp −$27.9K
Sell dYdX live order book, 42 min ago10.37 bp15.4 bp −$1533.1 bp −$331174.4 bp −$17.4K1084.2 bp −$542.1K

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
Hibachi PAXG/USDT-P−0.0136%1h4,342.8−0.054%$42K$155K20xas long as short
Lighter PAXG0.0000%1h4,341.1−0.096%$1.4M$357K25xas long as short
dYdX PAXG-USDshort0.0000%1h4,345.5+0.006%$101K$12K5x
Gate PAXG_USDTlong0.0000%8h4,345.2long leg$15.6M$3.4M100x
SunX PAXG-USDT0.0000%4h4,339.7−0.127%$2K$3.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,346.8+0.037%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,348.9+0.084%$905K$682K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.048%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0078%4h4,344.9−0.007%$1.5M$1.9M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,343.5−0.040%$81K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,342.7−0.058%$55710xas long as short
Hyperliquid PAXG+0.0100%1h4,343.7−0.035%$20.8M$2.4M10xas long as short
Aster PAXGUSDT+0.0100%4h4,343.4−0.042%$906K$28K50xas long as short
Pacifica PAXG+0.0100%1h4,345−0.005%$1.0M$340K10xas long as short
Binance PAXGUSDT+0.0100%4h4,343.1−0.049%$80.1M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,343.9−0.030%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,344.5−0.015%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,345.7+0.012%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,344.1−0.025%$9.7M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,344−0.027%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,343.7−0.035%$1.3M$804K50xas long as short
Variational Omni PAXG+0.0100%4h4,343−0.050%$12.5M$97Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,343.8−0.033%$263K$788K50xas long as short
Phemex PAXGUSDT+0.0100%4h4,343−0.051%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,341.9−0.077%$379K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,343.2−0.047%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0210%1h4,343−0.050%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,346.5+0.029%$968K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0856%1h4,354.2+0.207%$29K$23K10xas long as short