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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0089%/8hpaid last 24h +0.039%
Price spread now: Reya against MEXC−0.017%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PAXG_USDT4,350.30.0100pay 0.0050% / 4h21m 58s$15.9M$1.3M100x
ShortReya PAXGRUSDPERP4,349.50.0189get 0.0024% / 1h21m 58s$21K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.79
Price spread: −0.017% → 0.000%
−$1.73
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Reya: 3 bp × 2 orders
−$6
Net
$7.05
Costs to cover
0.100%
Break-even
4.4 days
Slippage unknown: MEXC: live order book, 1 min ago; Reya: 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 MEXC live order book, 1 min ago1.32 bp5.2 bp −$524.8 bp −$24864.0 bp −$6,397121.4 bp −$60.7K
Sell Reya no order-book sample
Reya: 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
Hibachi PAXG/USDT-P−0.0040%1h4,350.5+0.005%$41K$154K20xas long as short
Kraken Futures PF_PAXGUSD−0.0009%1h4,351.1+0.020%$1.4M$1.3M20xas long as short
dYdX PAXG-USD0.0000%1h4,347.2−0.071%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,351.5+0.028%$15.8M$4.4M100xas long as short
SunX PAXG-USDT0.0000%4h4,344.9−0.124%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,354.5+0.097%$7.9M$833K50xas long as short
HTX PAXG-USDT0.0000%4h4,352.1+0.041%$910K$664K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,340−0.236%$1K$103K30xas long as short
GRVT PAXG_USDT_Perp+0.0056%4h4,349.3−0.022%$1.5M$2.1M10xas long as short
Lighter PAXG+0.0072%1h4,348−0.053%$1.4M$522K25xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PAXG-USD-PERP+0.0100%8h4,349.1−0.026%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,349.1−0.027%$20.4M$1.8M10xas long as short
Aster PAXGUSDT+0.0100%4h4,349−0.028%$906K$72K50xas long as short
Pacifica PAXG+0.0100%1h4,350.30.000%$1.0M$363K10xas long as short
Binance PAXGUSDT+0.0100%4h4,348.7−0.035%$80.1M$68.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,349.4−0.020%$14.9M$3.6M75xas long as short
MEXC PAXG_USDTlong+0.0100%4h4,350.3long leg$15.9M$1.3M100x
KuCoin PAXGUSDTM+0.0100%4h4,350.3+0.001%$26.9M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,348.1−0.050%$9.2M$13.6M50xas long as short
BingX PAXG-USDT+0.0100%4h4,349.5−0.017%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,350.2−0.002%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,348.7−0.035%$12.5M$88Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,348.7−0.037%$263K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,348.2−0.048%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,345−0.121%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,348.3−0.045%$376K$1.2M25xas long as short
Reya PAXGRUSDPERPshort+0.0189%1h4,349.5−0.017%$21K100x
Coinbase International PAXG-PERP-INTX+0.0328%1h4,353.8+0.080%$1.0M$1.1M50xas long as short
01 Exchange PAXGUSD+0.1176%1h4,367.1+0.387%$29K$22K10xas long as short