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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Variational Omni−0.012%7-day average +0.011% · 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)0.000%$0 on $10k
Price spread, last 7 days+0.017%+$2 · spread now −0.012%, 7d avg +0.011%
Together, before fees+0.017%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,334.70.0100pay 0.0050% / 4h2h 05m$12.4M$114K
ShortBingX PAXG-USDT4,334.20.0100get 0.0050% / 4h2h 05m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.012% → +0.011%
−$2.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$12.26
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BingX: live order book, 2 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, 4 min ago2.83 bpdoesn't fit8.9 bp −$89doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago0.13 bp5.4 bp −$57.8 bp −$7819.2 bp −$1,91967.6 bp −$33.8K

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
Injective PAXG/USDC PERP−0.0101%1h4,337+0.053%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0064%1h4,333.7−0.023%$41K$150K20xas long as short
dYdX PAXG-USD0.0000%1h4,336.4+0.039%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,336.1+0.033%$15.7M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,329.4−0.121%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.5+0.066%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,339+0.100%$907K$661K75xas long as short
Lighter PAXG+0.0096%1h4,332.4−0.054%$1.4M$521K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,333.3−0.031%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,333.9−0.018%$20.3M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDT+0.0100%4h4,333.6−0.024%$905K$75K50xas long as short
Pacifica PAXG+0.0100%1h4,334.5−0.004%$1.0M$371K10xas long as short
Binance PAXGUSDT+0.0100%4h4,333.5−0.026%$79.8M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,334.6−0.002%$15.1M$3.9M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,334.9+0.006%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,336.1+0.032%$26.7M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,333.9−0.018%$9.2M$14.3M50xas long as short
BingX PAXG-USDTshort+0.0100%4h4,334.2−0.012%$6.8M
Backpack PAXG_USDC_PERP+0.0100%1h4,335.3+0.013%$1.4M$1.3M50xas long as short
Variational Omni PAXGlong+0.0100%4h4,334.7long leg$12.4M$114K
GRVT PAXG_USDT_Perp+0.0100%4h4,334−0.016%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,332.4−0.053%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.1−0.013%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,331−0.085%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,333−0.040%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,334.1−0.014%$20K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,334.2−0.012%$1.3M$1.6M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,337.8+0.072%$1.0M$1.1M50xas long as short
01 Exchange PAXGUSD+0.1456%1h4,353.3+0.429%$29K$21K10xas long as short