PAXG funding arbitrage: backpack vs bybit
Long PAXG_USDC_PERP on backpack against short PAXGUSDT on bybit.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | backpack | PAXG_USDC_PERP | -0.0006% / 1h | -5.21% | $565.0K | $1.16M |
| Short | bybit | PAXGUSDT | 0.0050% / 4h | +10.95% | $5.08M | $8.15M |
Funding spread +16.16% APR. Price spread +0.0178%.
Data generated at 2026-09-01T05:32:26Z. Live numbers load on this page automatically.