PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPAXGUSDT	4,105.9	+0.0100	pay 0.0050% / 4h	16m 26s	$9.5M	$11.3M	50x	Long Bitget
SHORT	HibachiPAXG/USDT-P	4,105	+0.0488	get 0.0061% / 1h	16m 26s	$76K	$322K	20x	Short Hibachi

Price gap−0.022%

Funding gap+0.0388% /8h

Both sides work: funding pays +$12 a day on $10k, and the gap is 0.034% above its 7d average: +$3 more if it goes back.

If you open now and hold

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

Funding+$57+0.0388% /8h now · paid +0.569% over the last 7D

Price+$3spread −0.022% now, avg −0.055% → +0.034% if it goes back

Costs−$480.479% of $10k · taker + slippage, in and out

Result+$12+0.12%+ Points / potential airdropHibachi: points · farm board

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−0.022%

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 27 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size7.2 / 15.8 bp
At $10k entering Hibachi costs 15.8 bp, fee and slippage, 2.2× Bitget’s.
Note: Margin at max leverage$200 + $500
Bitget 50x, Hibachi 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: +$11.64Long Bitget: 6 payments, −$3.00; short Hibachi: 24 payments, +$14.64.
OK: Entry gap works for you−0.022% vs −0.055%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$76K vs $9.5M OI
Hibachi sets your exit cost. Check its book before closing.
OK: Points on a legHibachi points
Volume here counts toward the points program.
Watch: KYCBitget Yes · Hibachi 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+0.0271%/8h × 21 periods+$56.90

Price spread−0.022% → −0.055% (7d avg)+$3.36

Slippage, 4 orderslive order books−$26.94

Fee Bitget bp × 2 orders−$12.00

Fee Hibachi bp × 2 orders−$9.00

Net · 7 days · $10k+$12.32

Costs to cover0.479%Break-even5.5 days

Slippage: Bitget: live order book, 7 min ago; Hibachi: live order book, 58 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget0.017.2 bp−$714.7 bp−$147100.5 bp−$10.0Kdoesn’t fit

SELL · SHORTHibachi0.3315.8 bp−$1649.1 bp−$491doesn’t fitdoesn’t fit

Closing costs about the same again.

PAXG news

posts that mention PAXG, from every exchange

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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 ↗