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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.026%
Price spread now: Orderly against HTX−0.098%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.098% cheaper against HTX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAXG-USDT4,320.10get 0.0000% / 4h1h 50m$905K$761K75x
ShortOrderly PERP_PAXG_USDC_mythos4,315.90.0100get 0.0050% / 4h1h 50m$55410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against HTX. 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
$21
Price spread: −0.098% → 0.000%
−$9.81
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.82
Costs to cover
0.180%
Break-even
9.3 days
Slippage unknown: HTX: live order book, 58 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 HTX live order book, 58 min ago1.64 bp24.6 bp −$2526.7 bp −$267doesn'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−0.0192%1h4,314.3−0.136%$1.4M$430K25xas long as short
Hibachi PAXG/USDT-P−0.0168%1h4,318.2−0.044%$46K$169K20xas long as short
GRVT PAXG_USDT_Perp−0.0090%4h4,318.8−0.032%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT−0.0062%1h4,317.8−0.055%$261K$771K50xas long as short
Kraken Futures PF_PAXGUSD−0.0044%1h4,316.4−0.087%$1.2M$1.9M20xas long as short
Binance PAXGUSDT−0.0001%4h4,316.2−0.091%$79.6M$74.6M75xas long as short
dYdX PAXG-USD0.0000%1h4,317.9−0.052%$101K$12K5xas long as short
Extended PAXG-USD0.0000%1h4,314.7−0.125%$378K$1.4M25xas long as short
Gate PAXG_USDT0.0000%8h4,317.4−0.063%$15.6M$3.7M100xas long as short
MEXC PAXG_USDT0.0000%4h4,322.6+0.058%$16.5M$1.0M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX PAXG-USDT0.0000%4h4,311.9−0.190%$2K$3.4M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,320−0.002%$7.9M$846K50xas long as short
HTX PAXG-USDTlong0.0000%4h4,320.1long leg$905K$761K75x
Aster PAXGUSDT+0.0020%4h4,318.4−0.040%$901K$27K50xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.629%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0097%8h4,315.8−0.100%$85K$3.2M50xas long as short
Orderly PERP_PAXG_USDC_mythosshort+0.0100%4h4,315.9−0.098%$55410x
Hyperliquid PAXG+0.0100%1h4,316.3−0.089%$20.7M$2.4M10xas long as short
Pacifica PAXG+0.0100%1h4,317.7−0.057%$1.0M$320K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,317.1−0.070%$14.9M$4.1M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,318.4−0.040%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,316.4−0.087%$9.4M$16.5M50xas long as short
BingX PAXG-USDT+0.0100%4h4,316.7−0.080%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,316.2−0.091%$1.3M$811K50xas long as short
Variational Omni PAXG+0.0100%4h4,315.3−0.111%$12.2M$221Kas long as short
Phemex PAXGUSDT+0.0100%4h4,316−0.096%$1.5M$52K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,316−0.097%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,333.5+0.308%$978K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0800%1h4,326.8+0.154%$29K$23K10xas long as short