PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulkPAXG-USD	4,160.9	+0.0039	pay 0.0005% / 1h	0m 12s	$879K	$2.2M	20x	Long Bulk
SHORT	GatePAXG_USDT	4,166.7	0	0.0000% / 8h	0m 12s	$17.0M	$4.2M	100x	Short Gate

Price gap+0.140%

Funding gap−0.0039% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.0 days.

If you open now and hold

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

Funding−$11−0.0039% /8h now · paid −0.114% over the last 7D

Price+$5spread +0.140% now, avg +0.092% → +0.048% if it goes back

Costs−$310.305% of $10k · taker + slippage, in and out

Result−$37−0.37%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+0.140%

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

2 ok · 3 to watch

OK: Fits both order books4.6 / 10.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $100
Bulk 20x, Gate 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.18Long Bulk: 24 payments, −$1.18; short Gate: 3 payments, $0.00.
OK: Entry gap works for you+0.140% vs +0.092%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$879K vs $17.0M OI
Bulk sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBulk No · Gate Yes
KYC before the futures account opens; 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−0.0058%/8h × 21 periods−$12.23

Price spread+0.140% → +0.092% (7d avg)+$4.75

Slippage, 4 orderslive order books−$8.52

Fee Bulk bp × 2 orders−$7.00

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$38.00

Costs to cover0.305%Break-evennever at this rate

Slippage: Bulk: live order book, just now; Gate: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBulk0.004.6 bp−$56.3 bp−$63doesn’t fitdoesn’t fit

SELL · SHORTGate0.7210.2 bp−$1015.6 bp−$15625.2 bp−$2,52559.6 bp−$29.8K

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 ↗