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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0892%/8h= +97.7% APRpaid last 24h +0.228%
Price spread now: 01 Exchange against KuCoin+0.190%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and 01 Exchange is 0.190% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PAXGUSDTM4,341.50.0100pay 0.0050% / 4h1h 46m$28.5M$5.3M30x
Short01 Exchange PAXGUSD4,349.80.0992get 0.0124% / 1h46m 23s$29K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against KuCoin. 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
$187.32
Price spread: +0.190% → 0.000%
$19.05
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$187.37
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: KuCoin: 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 KuCoin live order book, 3 min ago0.01 bp8.4 bp −$8doesn't fitdoesn'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%1h4,340.8−0.017%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,341.4−0.003%$15.7M$3.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,334.7−0.157%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,342.9+0.032%$7.9M$868K50xas long as short
HTX PAXG-USDT0.0000%4h4,347.1+0.128%$904K$652K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.133%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0058%1h4,339.4−0.050%$263K$791K50xas long as short
GRVT PAXG_USDT_Perp+0.0064%4h4,342.1+0.014%$1.5M$1.9M10xas long as short
Hibachi PAXG/USDT-P+0.0072%1h4,340−0.035%$42K$154K20xas long as short
Lighter PAXG+0.0096%1h4,338.9−0.060%$1.4M$305K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,339.1−0.057%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,340.1−0.033%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,341.2−0.007%$906K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,341−0.012%$1.0M$340K10xas long as short
Binance PAXGUSDT+0.0100%4h4,338.7−0.066%$80.0M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,340.6−0.022%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.6+0.003%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTMlong+0.0100%4h4,341.5long leg$28.5M$5.3M30x
Bitget PAXGUSDT+0.0100%4h4,339.4−0.048%$9.6M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,340.6−0.021%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,339.9−0.038%$1.3M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,341−0.012%$12.4M$104Kas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,339.6−0.044%$55710xas long as short
Phemex PAXGUSDT+0.0100%4h4,341−0.012%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,337.6−0.091%$382K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,340.2−0.030%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,339.2−0.053%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,349.7+0.188%$971K$1.1M50xas long as short
01 Exchange PAXGUSDshort+0.0992%1h4,349.8+0.190%$29K$23K10x