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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h −0.033%
Price spread now: ApeX Omni against Reya+0.106%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.106% dearer against Reya than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PAXGRUSDPERP4,323.50.0189pay 0.0024% / 1h57m 25s$20K100x
ShortApeX Omni PAXGUSDT4,328.10.0040get 0.0005% / 1h57m 25s$262K$805K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$31.44
Price spread: +0.106% → 0.000%
$10.61
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$36.83
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 36 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 Reya no order-book sample
Sell ApeX Omni live order book, 36 min ago2.51 bp7.8 bp −$867.6 bp −$676doesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0072%1h4,322.9−0.016%$1.4M$500K25xas long as short
GRVT PAXG_USDT_Perp−0.0056%4h4,328.1+0.106%$1.5M$2.0M10xas long as short
dYdX PAXG-USD0.0000%1h4,328.5+0.114%$115K$15K5xas long as short
Gate PAXG_USDT0.0000%8h4,326.3+0.064%$15.7M$3.9M100xas long as short
Hibachi PAXG/USDT-P0.0000%1h4,326.6+0.070%$41K$190K20xas long as short
SunX PAXG-USDT0.0000%4h4,320.8−0.065%$2K$3.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,329.2+0.130%$7.9M$428K50xas long as short
HTX PAXG-USDT0.0000%4h4,333.2+0.223%$910K$822K75xas long as short
Extended PAXG-USD+0.0024%1h4,323.2−0.008%$375K$1.5M25xas long as short
MEXC PAXG_USDT+0.0024%4h4,328.5+0.115%$16.6M$1.3M100xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PAXGUSDT+0.0024%4h4,324+0.012%$9.2M$16.3M50xas long as short
Binance PAXGUSDT+0.0027%4h4,324.8+0.028%$80.1M$82.2M75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3+0.549%$1K$151K30xas long as short
ApeX Omni PAXGUSDTshort+0.0040%1h4,328.1+0.106%$262K$805K50x
Aster PAXGUSDT+0.0044%4h4,325.8+0.053%$905K$38K50xas long as short
Kraken Futures PF_PAXGUSD+0.0085%1h4,325.6+0.047%$1.2M$2.1M20xas long as short
Paradex PAXG-USD-PERP+0.0087%8h4,323.3−0.006%$80K$4.4M50xas long as short
Hyperliquid PAXG+0.0100%1h4,324+0.011%$21.2M$2.6M10xas long as short
Pacifica PAXG+0.0100%1h4,326.4+0.066%$1.0M$309K10xas long as short
Bybit PAXGUSDT+0.0100%4h4,324.6+0.024%$15.0M$4.6M75xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,327.2+0.085%$28.8M$5.5M30xas long as short
BingX PAXG-USDT+0.0100%4h4,325.5+0.044%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,325.3+0.041%$1.2M$860K50xas long as short
Variational Omni PAXG+0.0100%4h4,326.8+0.076%$12.2M$291Kas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,324.9+0.031%$55510xas long as short
Phemex PAXGUSDT+0.0100%4h4,321−0.059%$1.5M$80K50xas long as short
Reya PAXGRUSDPERPlong+0.0189%1h4,323.5long leg$20K100x
Coinbase International PAXG-PERP-INTX+0.0232%1h4,330.6+0.164%$933K$1.0M50xas long as short
01 Exchange PAXGUSD+0.2816%1h4,335.5+0.277%$29K$24K10xas long as short