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

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1348%/8h= −147.6% APRpaid last 24h −0.212%
Price spread now: Aster against 01 Exchange−0.448%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Aster is 0.448% cheaper against 01 Exchange than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange PAXGUSD4,353.30.1448pay 0.0181% / 1h6m 07s$29K$21K10x
ShortAster PAXGUSDT4,333.80.0100get 0.0050% / 4h2h 06m$905K$75K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against 01 Exchange. 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
−$283.08
Price spread: −0.448% → 0.000%
−$44.85
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$342.93
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 17 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 01 Exchange no order-book sample
Sell Aster live order book, 17 min ago0.61 bp4.7 bp −$55.4 bp −$54doesn't fitdoesn't fit
01 Exchange: 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
Injective PAXG/USDC PERP−0.0101%1h4,337−0.374%$1K$121K30xas long as short
Hibachi PAXG/USDT-P−0.0064%1h4,333.7−0.450%$41K$150K20xas long as short
dYdX PAXG-USD0.0000%1h4,336.4−0.389%$101K$18K5xas long as short
Gate PAXG_USDT0.0000%8h4,336.1−0.395%$15.7M$4.3M100xas long as short
SunX PAXG-USDT0.0000%4h4,329.4−0.549%$2K$4.1M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,337.5−0.362%$7.9M$865K50xas long as short
HTX PAXG-USDT0.0000%4h4,339−0.328%$907K$661K75xas long as short
Lighter PAXG+0.0096%1h4,332.4−0.481%$1.4M$521K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,333.3−0.459%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,333.9−0.446%$20.2M$1.9M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAXGUSDTshort+0.0100%4h4,333.8−0.448%$905K$75K50x
Pacifica PAXG+0.0100%1h4,334.5−0.432%$1.0M$371K10xas long as short
Binance PAXGUSDT+0.0100%4h4,333.5−0.454%$79.8M$70.7M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,334.7−0.428%$15.1M$3.9M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,334.8−0.425%$15.9M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,336.1−0.396%$26.7M$5.5M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,333.6−0.452%$9.2M$14.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,334.2−0.439%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,335.3−0.415%$1.4M$1.3M50xas long as short
Variational Omni PAXG+0.0100%4h4,334.7−0.428%$12.4M$114Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,334−0.443%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,332.5−0.478%$262K$798K50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.0100%4h4,334.1−0.441%$55610xas long as short
Phemex PAXGUSDT+0.0100%4h4,331−0.512%$1.5M$40K50xas long as short
Extended PAXG-USD+0.0104%1h4,333−0.467%$377K$1.2M25xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,333.8−0.447%$20K100xas long as short
Kraken Futures PF_PAXGUSD+0.0224%1h4,334.2−0.439%$1.3M$1.6M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0320%1h4,337.8−0.356%$1.0M$1.1M50xas long as short
01 Exchange PAXGUSDlong+0.1448%1h4,353.3long leg$29K$21K10x