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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.003%
Price spread now: Aster against Paradex+0.022%7-day average +0.031% · you sell dearer than you buy
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−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.022%, 7d avg +0.031%
Together, before fees−0.001%+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,297.50.0094pay 0.0094% / 8h7h 28m$81K$4.4M50x
ShortAster PAXGUSDT4,298.50.0027get 0.0014% / 4h3h 28m$898K$37K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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
−$14.01
Price spread: +0.022% → +0.031%
−$0.91
Slippage, 4 orders
−$5.25
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$32.17
Costs to cover
0.172%
Break-even
never at this rate
Slippage from Paradex: live order book, 1 min ago; Aster: live order book, 5 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 Paradex live order book, 1 min ago2.27 bp4.3 bp −$4106.1 bp −$1,061doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago0.10 bp4.6 bp −$511.5 bp −$115doesn'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
Lighter PAXG−0.0184%1h4,297.5−0.002%$1.4M$620K25xas long as short
Hibachi PAXG/USDT-P−0.0176%1h4,299.4+0.042%$42K$175K20xas long as short
GRVT PAXG_USDT_Perp−0.0122%4h4,302.6+0.118%$1.5M$1.9M10xas long as short
Kraken Futures PF_PAXGUSD−0.0097%1h4,301.5+0.092%$1.2M$1.8M20xas long as short
dYdX PAXG-USD−0.0011%1h4,302.6+0.117%$100K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,298.3+0.018%$15.6M$3.9M100xas long as short
SunX PAXG-USDT0.0000%4h4,296.4−0.027%$2K$3.2M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,304.7+0.167%$7.9M$600K50xas long as short
HTX PAXG-USDT0.0000%4h4,307.2+0.224%$905K$822K75xas long as short
MEXC PAXG_USDT+0.0012%4h4,305.8+0.192%$16.7M$1.2M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PAXGUSDT+0.0012%4h4,295.6−0.046%$80.0M$80.6M75xas long as short
Extended PAXG-USD+0.0016%1h4,295.7−0.043%$373K$1.5M25xas long as short
Bitget PAXGUSDT+0.0026%4h4,296.2−0.032%$9.5M$16.0M50xas long as short
Aster PAXGUSDTshort+0.0027%4h4,298.5+0.022%$898K$37K50x
Injective PAXG/USDC PERP+0.0033%1h4,347.3+1.158%$1K$151K30xas long as short
ApeX Omni PAXGUSDT+0.0074%1h4,302.6+0.117%$261K$772K50xas long as short
Paradex PAXG-USD-PERPlong+0.0094%8h4,297.5long leg$81K$4.4M50x
Hyperliquid PAXG+0.0100%1h4,295.3−0.052%$21.0M$2.6M10xas long as short
Pacifica PAXG+0.0100%1h4,298.8+0.029%$1.0M$303K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,295.8−0.041%$14.8M$4.4M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,298.7+0.028%$28.6M$5.4M30xas long as short
BingX PAXG-USDT+0.0100%4h4,296.8−0.016%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,299.4+0.043%$1.2M$859K50xas long as short
Variational Omni PAXG+0.0100%4h4,301.7+0.098%$12.2M$230Kas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,295.9−0.038%$55110xas long as short
Phemex PAXGUSDT+0.0100%4h4,301+0.080%$1.5M$67K50xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,294.8−0.063%$20K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0232%1h4,309.3+0.273%$933K$1.0M50xas long as short
01 Exchange PAXGUSD+0.0840%1h4,307.2+0.225%$29K$23K10xas long as short