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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against Orderly−0.004%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,353.80.0100pay 0.0050% / 4h3h 03m$55910x
ShortExtended PAXG-USD4,353.60.0104get 0.0013% / 1h3m 52s$379K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.004% → 0.000%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.54
Costs to cover
0.110%
Break-even
94.8 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago0.12 bp2.7 bp −$34.1 bp −$41doesn'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 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%1h4,354.3+0.011%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,357.2+0.078%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,350.9−0.068%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,358.1+0.099%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,356.5+0.063%$905K$642K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.149%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0060%4h4,353.6−0.005%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,353.5−0.008%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.6−0.006%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,354.7+0.021%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,354.8+0.023%$908K$29K50xas long as short
Pacifica PAXG+0.0100%1h4,355.2+0.031%$1.0M$368K10xas long as short
Binance PAXGUSDT+0.0100%4h4,354.5+0.017%$80.3M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.2+0.055%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,354.4+0.013%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,357.1+0.077%$28.4M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,355+0.028%$9.7M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,355.4+0.037%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355.4+0.036%$1.4M$831K50xas long as short
Variational Omni PAXG+0.0100%4h4,355.1+0.031%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,351.9−0.043%$263K$787K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,353.8long leg$55910x
Phemex PAXGUSDT+0.0100%4h4,354+0.005%$1.5M$39K50xas long as short
Extended PAXG-USDshort+0.0104%1h4,353.6−0.004%$379K$1.4M25x
Hibachi PAXG/USDT-P+0.0112%1h4,354+0.004%$42K$154K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.7+0.021%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,355.4+0.036%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,357.1+0.076%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,364.6+0.248%$29K$23K10xas long as short