Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.017%
Price spread now: HTX against Aster+0.101%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.101%, 7d avg +0.142%
=Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.041% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.142%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,352.2 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $908K | $29K | 50x |
| Short | HTX PAXG-USDT | 4,356.6 | 0 | get 0.0000% / 4h | 3h 09m | $905K | $644K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.101% → +0.142%
- −$4.08
- Slippage, 4 orders
- −$21.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$66.31
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Aster: live order book, 64 min ago; HTX: live order book, 64 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 64 min ago | 0.01 bp | 4.1 bp −$4 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell HTX live order book, 64 min ago | 0.01 bp | 11.5 bp −$12 | 13.2 bp −$132 | 16.5 bp −$1,655 | doesn't fit |
PAXG on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,350.8 | −0.033% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,353.7 | +0.034% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,348.1 | −0.094% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,355.7 | +0.079% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,356.6 | +0.101% | $905K | $644K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.113% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0046% | 4h | 4,350 | −0.052% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,351.3 | −0.021% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,350.8 | −0.032% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,352.1 | −0.003% | $20.7M | $2.1M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDTlong | +0.0100% | 4h | 4,352.2 | long leg | $908K | $29K | 50x | |
| Pacifica PAXG | +0.0100% | 1h | 4,352.5 | +0.007% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,352.1 | −0.004% | $80.3M | $70.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,353.8 | +0.036% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,351.7 | −0.013% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,354.3 | +0.047% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,353 | +0.017% | $9.7M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.7 | +0.010% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,352.3 | +0.001% | $1.4M | $833K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,351.6 | −0.014% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,349.3 | −0.067% | $263K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.4 | −0.019% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,350 | −0.051% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,351.1 | −0.027% | $379K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0128% | 1h | 4,351.3 | −0.022% | $42K | $148K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,352.7 | +0.010% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,353.2 | +0.022% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,356.6 | +0.101% | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0984% | 1h | 4,362.1 | +0.227% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
HTX PAXG-USDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD