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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against MEXC+0.092%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 7 days+0.058%+$6 · spread now +0.092%, 7d avg −0.029%
Together, before fees+0.117%+$12 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: KuCoin is 0.121% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,361.30.0100pay 0.0050% / 4h13m 14s$16.1M$1.2M100x
ShortKuCoin PAXGUSDTM4,365.30.0100get 0.0050% / 4h13m 14s$27.3M$5.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.092% → −0.029%
$12.14
Slippage, 4 orders
−$10.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.21
Costs to cover
0.263%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; KuCoin: 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 MEXC live order book, just now0.57 bp6.3 bp −$622.7 bp −$22768.0 bp −$6,800146.6 bp −$73.3K
Sell KuCoin live order book, 6 min ago0.45 bp8.2 bp −$815.5 bp −$155doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.320%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,362.4+0.026%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,365.1+0.088%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,360.1−0.026%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,366.5+0.120%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,365.9+0.106%$912K$645K75xas long as short
Lighter PAXG+0.0096%1h4,362.1+0.020%$1.4M$272K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,362.9+0.039%$81K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,363.2+0.044%$20.5M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,363.5+0.053%$910K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,364.3+0.070%$1.0M$354K10xas long as short
Binance PAXGUSDT+0.0100%4h4,363.4+0.050%$80.1M$69.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,364.5+0.075%$15.2M$3.6M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h4,361.3long leg$16.1M$1.2M100x
KuCoin PAXGUSDTMshort+0.0100%4h4,365.3+0.092%$27.3M$5.4M30x
Bitget PAXGUSDT+0.0100%4h4,363.7+0.055%$9.7M$14.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,363.9+0.060%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,364+0.063%$1.4M$972K50xas long as short
Variational Omni PAXG+0.0100%4h4,363.3+0.047%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,363.1+0.043%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,362+0.018%$264K$794K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,363.1+0.042%$56010xas long as short
Phemex PAXGUSDT+0.0100%4h4,360−0.029%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,362.7+0.033%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0152%1h4,364.3+0.070%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,363.1+0.043%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0285%1h4,363.9+0.061%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,367.2+0.135%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0968%1h4,373.5+0.281%$29K$23K10xas long as short