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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against Pacifica−0.037%48s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.195% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 7 days−0.017%−$2 · spread now −0.037%, 7d avg −0.031%
Together, before fees−0.073%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,356.10.0100pay 0.0013% / 1h26m 47s$1.0M$339K10x
ShortBinance PAXGUSDT4,354.50.0100get 0.0050% / 4h26m 47s$80.0M$68.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.037% → −0.031%
−$0.55
Slippage, 4 orders
−$1.52
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.08
Costs to cover
0.195%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; Binance: live order book, 16 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, 2 min ago0.23 bp4.8 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.01 bp5.0 bp −$55.9 bp −$599.9 bp −$988doesn'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
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.202%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.051%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,357.2+0.025%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,350.6−0.126%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,357.6+0.035%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,360.7+0.105%$910K$639K75xas long as short
Lighter PAXG+0.0096%1h4,354.1−0.046%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,353.9−0.051%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,354.8−0.030%$20.4M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,355.3−0.017%$908K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXGlong+0.0100%1h4,356.1long leg$1.0M$339K10x
Binance PAXGUSDTshort+0.0100%4h4,354.5−0.037%$80.0M$68.8M75x
Bybit PAXGUSDT+0.0100%4h4,355.5−0.014%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,355.8−0.008%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,356.6+0.012%$27.3M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,355.1−0.022%$9.8M$14.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,355.5−0.014%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355.8−0.007%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,356.4+0.008%$12.5M$102Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355−0.026%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,356−0.003%$263K$795K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,354.6−0.034%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,352−0.094%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.7−0.056%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0160%1h4,357+0.020%$48K$141K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.5−0.036%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,355.6−0.011%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.4+0.123%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0984%1h4,366.2+0.232%$29K$23K10xas long as short