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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Pacifica−0.037%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.037%, 7d avg −0.041%
Together, before fees−0.007%+ Points / potential airdropPacifica: Active · Paradex: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PAXG4,355.20.0100pay 0.0013% / 1h4m 03s$1.0M$368K10x
ShortParadex PAXG-USD-PERP4,353.60.0100get 0.0100% / 8h7h 04m$80K$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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% → −0.041%
$0.44
Slippage, 4 orders
−$6.01
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$17.57
Costs to cover
0.180%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; Paradex: live order book, just now.

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, 5 min ago0.12 bp5.0 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Paradex live order book, just now2.24 bp4.2 bp −$4104.2 bp −$1,042doesn'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%1h4,354.3−0.020%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,356.8+0.038%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,350.9−0.099%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,358.1+0.068%$7.9M$873K50xas long as short
HTX PAXG-USDT0.0000%4h4,356.5+0.032%$905K$642K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.180%$1K$151K30xas long as short
GRVT PAXG_USDT_Perp+0.0060%4h4,353.6−0.036%$1.5M$2.0M10xas long as short
Lighter PAXG+0.0096%1h4,353.5−0.039%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERPshort+0.0100%8h4,353.6−0.037%$80K$3.7M50x
Hyperliquid PAXG+0.0100%1h4,354.7−0.010%$20.7M$2.1M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,355−0.004%$908K$29K50xas long as short
Pacifica PAXGlong+0.0100%1h4,355.2long leg$1.0M$368K10x
Binance PAXGUSDT+0.0100%4h4,354.5−0.014%$80.3M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.2+0.024%$15.1M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,354.4−0.017%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,357.1+0.045%$28.4M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,354.9−0.005%$9.7M$15.1M50xas long as short
BingX PAXG-USDT+0.0100%4h4,355.2+0.001%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,355.4+0.005%$1.4M$831K50xas long as short
Variational Omni PAXG+0.0100%4h4,355.10.000%$12.5M$104Kas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,351.9−0.074%$263K$787K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,353.8−0.031%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,354−0.026%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,353.6−0.035%$379K$1.4M25xas long as short
Hibachi PAXG/USDT-P+0.0112%1h4,354−0.027%$42K$154K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,354.7−0.010%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,355.4+0.005%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,357.1+0.045%$973K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,364.6+0.217%$29K$23K10xas long as short