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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against Variational Omni−0.028%7-day average −0.012% · you buy dearer than you sell
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 3 days (all we have)−0.017%−$2 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.028%, 7d avg −0.012%
Together, before fees+0.011%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,358.30.0100pay 0.0050% / 4h3h 34m$12.5M$104K
ShortBinance PAXGUSDT4,3570.0100get 0.0050% / 4h3h 34m$80.1M$71.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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: −0.028% → −0.012%
−$1.62
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.62
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 8 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 Variational Omni RFQ quote, 5 min ago2.83 bpdoesn't fit8.0 bp −$80doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.01 bp5.0 bp −$55.2 bp −$528.6 bp −$859doesn'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+0.022%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.4+0.003%$15.7M$3.5M100xas long as short
SunX PAXG-USDT0.0000%4h4,352.9−0.124%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,360.8+0.058%$7.9M$871K50xas long as short
HTX PAXG-USDT0.0000%4h4,363.6+0.121%$907K$659K75xas long as short
Injective PAXG/USDC PERP+0.0033%1h4,347.3−0.252%$1K$151K30xas long as short
Lighter PAXG+0.0096%1h4,356.2−0.048%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,356.9−0.032%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,357.5−0.018%$20.8M$2.1M10xas long as short
Aster PAXGUSDT+0.0100%4h4,357.3−0.023%$909K$29K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXG+0.0100%1h4,358−0.006%$1.0M$368K10xas long as short
Binance PAXGUSDTshort+0.0100%4h4,357−0.028%$80.1M$71.0M75x
Bybit PAXGUSDT+0.0100%4h4,358.4+0.003%$15.1M$3.7M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,357.4−0.020%$16.2M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,359.6+0.030%$28.4M$5.6M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,357.6−0.016%$9.7M$15.0M50xas long as short
BingX PAXG-USDT+0.0100%4h4,357.9−0.010%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,358−0.005%$1.4M$853K50xas long as short
Variational Omni PAXGlong+0.0100%4h4,358.3long leg$12.5M$104K
GRVT PAXG_USDT_Perp+0.0100%4h4,356.3−0.046%$1.6M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,355.5−0.065%$263K$785K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,357.5−0.018%$55910xas long as short
Phemex PAXGUSDT+0.0100%4h4,355−0.075%$1.5M$39K50xas long as short
Extended PAXG-USD+0.0104%1h4,356−0.052%$379K$1.6M25xas long as short
Hibachi PAXG/USDT-P+0.0136%1h4,358.1−0.004%$42K$157K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357.3−0.023%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0208%1h4,357.7−0.012%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0304%1h4,366.2+0.181%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.1024%1h4,368.2+0.228%$29K$23K10xas long as short