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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.017%
Price spread now: HTX against Orderly+0.163%7-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
The price spread pays, funding is against you. HTX is 0.163% dearer against Orderly than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,339.10.0100pay 0.0050% / 4h1h 03m$55710x
ShortHTX PAXG-USDT4,346.20get 0.0000% / 4h1h 03m$905K$670K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.163% → 0.000%
$16.29
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.71
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 61 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 HTX live order book, 61 min ago1.15 bp11.9 bp −$1214.7 bp −$14718.4 bp −$1,844doesn'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
Hibachi PAXG/USDT-P−0.0088%1h4,337.8−0.031%$41K$158K20xas long as short
dYdX PAXG-USD0.0000%1h4,341.3+0.051%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,341.5+0.055%$15.6M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,336.5−0.060%$2K$3.7M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,343.2+0.095%$7.9M$868K50xas long as short
HTX PAXG-USDTshort0.0000%4h4,346.2+0.163%$905K$670K75x
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.189%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0084%4h4,339−0.003%$1.5M$1.9M10xas long as short
Lighter PAXG+0.0096%1h4,338.9−0.004%$1.4M$351K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,338.8−0.006%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,340.7+0.037%$20.7M$2.3M10xas long as short
Aster PAXGUSDT+0.0100%4h4,340+0.021%$905K$30K50xas long as short
Pacifica PAXG+0.0100%1h4,339.5+0.008%$1.0M$339K10xas long as short
Binance PAXGUSDT+0.0100%4h4,340.2+0.025%$80.1M$70.6M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,341+0.044%$14.9M$3.8M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,341.1+0.046%$16.1M$1.1M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,342.9+0.088%$28.6M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,341+0.043%$9.6M$14.9M50xas long as short
BingX PAXG-USDT+0.0100%4h4,340.3+0.028%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,340.4+0.031%$1.3M$798K50xas long as short
Variational Omni PAXG+0.0100%4h4,339.2+0.002%$12.4M$99Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,338.9−0.004%$262K$789K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,339.1long leg$55710x
Phemex PAXGUSDT+0.0100%4h4,338−0.025%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,339.1+0.001%$380K$1.4M25xas long as short
Kraken Futures PF_PAXGUSD+0.0173%1h4,341+0.043%$1.3M$1.4M20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,340.3+0.028%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,353+0.320%$972K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1016%1h4,348.9+0.226%$29K$23K10xas long as short