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

PAXG

all PAXG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against SunX+0.119%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.119%, 7d avg +0.124%
Together, before fees+0.207%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.124%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAXG-USDT4,352.90get 0.0000% / 4h3h 34m$2K$3.9M20x
ShortPacifica PAXG4,3580.0100get 0.0013% / 1h34m 30s$1.0M$368K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SunX. 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
$21
Price spread: +0.119% → +0.124%
−$0.53
Slippage, 4 orders
−$57.3
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$52.83
Costs to cover
0.733%
Break-even
24.6 days
Slippage from SunX: live order book, 3 min ago; Pacifica: live order book, 4 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 SunX live order book, 3 min ago21.54 bp38.3 bp −$3867.5 bp −$675doesn't fitdoesn't fit
Sell Pacifica live order book, 4 min ago0.12 bp4.2 bp −$4doesn'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%1h4,359.2+0.146%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.4+0.127%$15.7M$3.5M100xas long as short
SunX PAXG-USDTlong0.0000%4h4,352.9long leg$2K$3.9M20x
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,360.8+0.183%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,363.6+0.246%$907K$659K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.128%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,356.2+0.076%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,356.9+0.092%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,357.5+0.106%$20.8M$2.1M10xas long as short
Aster PAXGUSDT+0.0100%4h4,357.3+0.102%$909K$29K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXGshort+0.0100%1h4,358+0.119%$1.0M$368K10x
Binance PAXGUSDT+0.0100%4h4,357.1+0.096%$80.1M$70.9M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,358.4+0.127%$15.1M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.4+0.104%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.6+0.154%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,357.6+0.108%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,357.9+0.114%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,358+0.119%$1.4M$853K50xas long as short
Variational Omni PAXG+0.0100%4h4,358.3+0.124%$12.5M$104Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,356.3+0.078%$1.6M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,355.5+0.059%$263K$785K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,357.5+0.106%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,355+0.049%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,356+0.072%$379K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,358.1+0.120%$42K$157K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.3+0.102%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,357.7+0.112%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,366.2+0.306%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1024%1h4,368.2+0.352%$29K$23K10xas long as short