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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: ApeX Omni against Orderly+0.003%70s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,327.60.0100pay 0.0050% / 4h1h 04m$55510x
ShortApeX Omni PAXGUSDT4,327.70.0100get 0.0013% / 1h4m 12s$262K$796K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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: +0.003% → 0.000%
$0.32
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$15.68
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 43 min ago. 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 Orderly no order-book sample
Sell ApeX Omni live order book, 43 min ago2.78 bp8.0 bp −$877.4 bp −$774doesn't fitdoesn't fit
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 exchanges

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-USD−0.0253%1h4,329.1+0.035%$116K$16K5xas long as short
Gate PAXG_USDT0.0000%8h4,329.8+0.051%$15.6M$4.1M100xas long as short
SunX PAXG-USDT0.0000%4h4,324.2−0.079%$2K$2.6M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,331+0.077%$7.9M$203K50xas long as short
HTX PAXG-USDT0.0000%4h4,332.2+0.105%$912K$825K75xas long as short
Lighter PAXG+0.0008%1h4,326−0.037%$1.4M$499K25xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.455%$1K$151K30xas long as short
Paradex PAXG-USD-PERP+0.0099%8h4,326.8−0.019%$80K$4.2M50xas long as short
Hyperliquid PAXG+0.0100%1h4,327.5−0.002%$21.3M$2.5M10xas long as short
Aster PAXGUSDT+0.0100%4h4,329+0.033%$905K$42K50xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,329.1+0.036%$1.0M$330K10xas long as short
Binance PAXGUSDT+0.0100%4h4,327.7+0.003%$80.3M$80.4M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,328.7+0.025%$14.8M$4.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,332.6+0.116%$16.5M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,330+0.056%$28.9M$6.0M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,327.4−0.005%$9.2M$16.8M50xas long as short
BingX PAXG-USDT+0.0100%4h4,329+0.032%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,327.5−0.003%$1.2M$867K50xas long as short
Variational Omni PAXG+0.0100%4h4,327.8+0.005%$12.2M$278Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,328.7+0.026%$1.5M$1.9M10xas long as short
ApeX Omni PAXGUSDTshort+0.0100%1h4,327.7+0.003%$262K$796K50x
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,327.6long leg$55510x
Phemex PAXGUSDT+0.0100%4h4,325−0.060%$1.5M$82K50xas long as short
Extended PAXG-USD+0.0104%1h4,326.6−0.024%$375K$1.5M25xas long as short
Kraken Futures PF_PAXGUSD+0.0187%1h4,328.1+0.011%$1.2M$2.1M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,326.6−0.023%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0264%1h4,331.7+0.095%$933K$1.1M50xas long as short
Hibachi PAXG/USDT-P+0.0288%1h4,327.6−0.001%$47K$180K20xas long as short
01 Exchange PAXGUSD+0.0976%1h4,338.1+0.243%$29K$23K10xas long as short