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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Aster against Pacifica−0.013%48s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.013%, 7d avg −0.010%
Together, before fees−0.042%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,348.50.0100pay 0.0013% / 1h27m 55s$1.0M$348K10x
ShortAster PAXGUSDT4,347.90.0100get 0.0050% / 4h1h 27m$907K$27K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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: −0.013% → −0.010%
−$0.34
Slippage, 4 orders
−$4.71
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.06
Costs to cover
0.207%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; Aster: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 1 min ago0.12 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 55 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn't fitdoesn't fit

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%1h4,347.3−0.028%$101K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,349.6+0.026%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,342.1−0.147%$2K$4.0M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,351.6+0.073%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,350.4+0.044%$909K$652K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,337−0.264%$1K$121K30xas long as short
Hibachi PAXG/USDT-P+0.0072%1h4,348.2−0.007%$47K$139K20xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,349.2+0.016%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,346.7−0.040%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,347.1−0.031%$80K$3.7M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PAXG+0.0100%1h4,347.8−0.016%$20.3M$1.9M10xas long as short
Aster PAXGUSDTshort+0.0100%4h4,347.9−0.013%$907K$27K50x
Pacifica PAXGlong+0.0100%1h4,348.5long leg$1.0M$348K10x
Binance PAXGUSDT+0.0100%4h4,347.7−0.017%$80.1M$67.3M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,348.50.000%$15.2M$3.5M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,345.1−0.077%$16.0M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,349.6+0.026%$26.8M$5.2M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,347.5−0.022%$9.3M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,347.5−0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,348.3−0.004%$1.4M$954K50xas long as short
Variational Omni PAXG+0.0100%4h4,346.3−0.050%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,346.6−0.043%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,346.1−0.055%$263K$797K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,347−0.034%$55810xas long as short
Phemex PAXGUSDT+0.0100%4h4,345−0.080%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,346.8−0.038%$378K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,347.5−0.023%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,351.8+0.077%$975K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1432%1h4,364.5+0.369%$29K$21K10xas long as short