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 0.000%
Price spread now: Pacifica against Phemex+0.069%7-day average +0.067% · 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 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.069%, 7d avg +0.067%
Together, before fees−0.024%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex PAXGUSDT4,3530.0100pay 0.0050% / 4h1h 07m$1.5M$38K50x
ShortPacifica PAXG4,3560.0100get 0.0013% / 1h7m 46s$1.0M$344K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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: +0.069% → +0.067%
$0.15
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$19.85
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Pacifica: live order book, 1 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 Phemex live order book, 5 min ago5.75 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.12 bpdoesn't fitdoesn't fitdoesn'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+0.030%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.1+0.117%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,351.2−0.042%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,359.9+0.158%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,357.2+0.096%$911K$646K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.131%$1K$151K30xas long as short
Kraken Futures PF_PAXGUSD+0.0080%1h4,358.2+0.120%$1.3M$1.4M20xas long as short
Lighter PAXG+0.0096%1h4,355.2+0.051%$1.4M$273K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,355.1+0.047%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,356+0.069%$20.4M$1.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,356.7+0.085%$909K$27K50xas long as short
Pacifica PAXGshort+0.0100%1h4,356+0.069%$1.0M$344K10x
Binance PAXGUSDT+0.0100%4h4,356+0.070%$80.2M$67.3M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,356.8+0.088%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,352.4−0.014%$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,357.2+0.097%$26.9M$5.3M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,356.2+0.074%$9.2M$13.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,356.7+0.085%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,357+0.091%$1.4M$955K50xas long as short
Variational Omni PAXG+0.0100%4h4,352.6−0.010%$12.5M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,350.5−0.058%$1.6M$1.9M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,350−0.070%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,355.3+0.053%$55910xas long as short
Phemex PAXGUSDTlong+0.0100%4h4,353long leg$1.5M$38K50x
Extended PAXG-USD+0.0104%1h4,355.6+0.061%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0104%1h4,355+0.045%$48K$139K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,355.8+0.064%$21K100xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,357.4+0.100%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1288%1h4,366.5+0.310%$29K$22K10xas long as short