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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.038%
Price spread now: dYdX against Orderly−0.013%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
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
LongOrderly PERP_PAXG_USDC_mythos4,352.10.0100pay 0.0050% / 4h2h 18m$55810x
ShortdYdX PAXG-USD4,351.50get 0.0000% / 1h18m 01s$102K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.013% → 0.000%
−$1.31
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$38.31
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 51 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 dYdX live order book, 51 min ago12.64 bp17.6 bp −$1864.1 bp −$641183.7 bp −$18.4K895.5 bp −$447.8K
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
dYdX PAXG-USDshort0.0000%1h4,351.5−0.013%$102K$12K5x
Gate PAXG_USDT0.0000%8h4,353.6+0.034%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,346.5−0.130%$2K$3.8M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,356.4+0.099%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,355+0.065%$906K$628K75xas long as short
Hibachi PAXG/USDT-P+0.0016%1h4,351.5−0.014%$42K$160K20xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.110%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,352.3+0.006%$1.4M$305K25xas long as short
GRVT PAXG_USDT_Perp+0.0098%4h4,352.8+0.016%$1.5M$2.0M10xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,351.7−0.008%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,351.4−0.016%$20.7M$2.1M10xas long as short
Aster PAXGUSDT+0.0100%4h4,352.10.000%$908K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,352.6+0.011%$1.0M$364K10xas long as short
Binance PAXGUSDT+0.0100%4h4,352−0.003%$80.2M$70.8M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,353.3+0.027%$15.2M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,353+0.021%$16.2M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,353.9+0.042%$28.6M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,352.3+0.004%$9.6M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,352.7+0.014%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,352.2+0.003%$1.4M$803K50xas long as short
Variational Omni PAXG+0.0100%4h4,353+0.022%$12.5M$109Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,351.1−0.023%$263K$791K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,352.1long leg$55810x
Phemex PAXGUSDT+0.0100%4h4,350−0.048%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,350.8−0.030%$378K$1.5M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,353.5+0.033%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0247%1h4,353.3+0.027%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0312%1h4,356.3+0.096%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1000%1h4,363+0.250%$29K$23K10xas long as short