PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPAXGUSDT	4,198.5	+0.0100	pay 0.0050% / 4h	1h 45m	$9.9M	$13.8M	50x	Long Bitget
SHORT	BulkPAXG-USD	4,194	+0.0100	get 0.0013% / 1h	45m 06s	$846K	$2.0M	20x	Short Bulk

Price gap−0.108%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.047% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$70.0000% /8h now · paid −0.069% over the last 7D

Price−$5spread −0.108% now, avg −0.060% → −0.047% if it goes back

Costs−$240.245% of $10k · taker + slippage, in and out

Result−$36−0.36%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.108%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PAXG on 28 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

OK: Fits both order books7.4 / 4.6 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $500
Bitget 50x, Bulk 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 6 payments, −$3.00; short Bulk: 24 payments, +$3.00.
Watch: Gap narrower than usual−0.108% vs −0.060%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$846K vs $9.9M OI
Bulk sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · Bulk No
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0034%/8h × 21 periods−$7.14

Price spread−0.108% → −0.060% (7d avg)−$4.73

Slippage, 4 orderslive order books−$5.46

Fee Bitget bp × 2 orders−$12.00

Fee Bulk bp × 2 orders−$7.00

Net · 7 days · $10k−$36.33

Costs to cover0.245%Break-evennever at this rate

Slippage: Bitget: live order book, 10 min ago; Bulk: live order book, just now

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget0.017.4 bp−$77.9 bp−$7936.8 bp−$3,675doesn’t fit

SELL · SHORTBulk0.004.6 bp−$57.1 bp−$71doesn’t fitdoesn’t fit

Closing costs about the same again.

PAXG news

posts that mention PAXG, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	PAXGRUSDPERP no longer reported ($PAXG) seen by our collector
09-24 11:53	Bulk	Other	2/ A digital token backed by physical gold. Each $PAXG token represents one ounce of London Good Delivery gold, held in custody by Paxos Trust Company, N.A. Learn more: @bulktrade on X ↗
09-24 11:53	Bulk	Other	GOLD on BULK Trade $PAXG by @Paxos with up to 20x leverage now on @bulktrade on X ↗
09-17 15:05	Deribit	Product	🚨 Live on Deribit: Coinbase Exchange Liquidity for Spot Markets We’re excited to announce that the following spot markets on Deribit are now routed through Coinbase Exchange liquidity: BTC-USDC · ETH-USDC · XRP-USDC · BNB-USDC · SOL-USDC · PAXG-USDC Read more here: @DeribitOfficial on X ↗