data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.056%
7d average0.000%if it closes, per $10,000$6funding while held, a day−$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAXG4,341.30.0100pay 0.0050% / 4h3h 02m$12.5M$85K
ShortLighter PAXG4,338.90.0096get 0.0012% / 1h2m 13s$1.4M$705K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$5.57
Funding while held
−$0.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.69
Spread needed to break even
0.000%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
$0.12
Average in range /8h

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, 3 min ago2.82 bpdoesn't fit7.4 bp −$74doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago1.14 bp1.5 bp −$24.8 bp −$4822.1 bp −$2,206doesn't fit

PAXG price on every exchange

against the cheapest. Click to use as the short leg.

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX PAXG-USDT−0.132%0.0000%4h$2K$4.2M20xas long as short
Phemex PAXGUSDT−0.099%+0.0100%4h$1.5M$36K50xas long as short
Injective PAXG/USDC PERP−0.066%+0.0033%1h$1K$97K30xas long as short
Lighter PAXGshort−0.056%+0.0096%1h$1.4M$705K25x
Extended PAXG-USD−0.047%+0.0104%1h$377K$1.2M25xas long as short
Hyperliquid PAXG−0.046%+0.0100%1h$20.3M$1.7M10xas long as short
Bitget PAXGUSDT−0.036%+0.0100%4h$9.2M$12.9M50xas long as short
Hibachi PAXG/USDT-P−0.030%−0.0240%1h$41K$144K20xas long as short
Binance PAXGUSDT−0.029%+0.0100%4h$79.4M$67.5M75xas long as short
Reya PAXGRUSDPERP−0.026%+0.0189%1h$21K100xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Paradex PAXG-USD-PERP−0.021%+0.0100%8h$84K$3.6M50xas long as short
Bybit PAXGUSDT−0.021%+0.0100%4h$15.0M$3.5M75xas long as short
BingX PAXG-USDT−0.015%+0.0100%4h$6.8Mas long as short
Orderly PERP_PAXG_USDC_mythos−0.013%+0.0100%4h$55710xas long as short
ApeX Omni PAXGUSDT−0.004%+0.0100%1h$263K$792K50xas long as short
Variational Omni PAXGlong0.000%+0.0100%4h$12.5M$85K
MEXC PAXG_USDT+0.002%+0.0100%4h$15.9M$1.4M100xas long as short
Pacifica PAXG+0.004%+0.0100%1h$1.0M$392K10xas long as short
KuCoin PAXGUSDTM+0.007%+0.0100%4h$26.7M$5.0M30xas long as short
Aster PAXGUSDT+0.011%+0.0100%4h$905K$71K50xas long as short
Gate PAXG_USDT+0.019%0.0000%8h$15.8M$4.4M100xas long as short
Backpack PAXG_USDC_PERP+0.021%+0.0100%1h$1.1M$1.1M50xas long as short
Kraken Futures PF_PAXGUSD+0.022%+0.0051%1h$1.3M$1.1M20xas long as short
dYdX PAXG-USD+0.050%0.0000%1h$101K$19K5xas long as short
Deribit PAXG_USDC-PERPETUAL+0.069%0.0000%1h$7.9M$832K50xas long as short
HTX PAXG-USDT+0.079%0.0000%4h$916K$631K75xas long as short
Coinbase International PAXG-PERP-INTX+0.118%+0.0256%1h$970K$1.1M50xas long as short
01 Exchange PAXGUSD+0.125%+0.0472%1h$15K$3K10xas long as short