PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulkPAXG-USD	4,163.9	−0.0148	get 0.0019% / 1h	43m 22s	$879K	$2.1M	20x	Long Bulk
SHORT	LighterPAXG	4,165	−0.0232	pay 0.0029% / 1h	43m 22s	$1.6M	$572K	25x	Short Lighter7d free

Price gap+0.027%

Funding gap−0.0084% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

If you open now and hold

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

Funding−$15−0.0084% /8h now · paid −0.152% over the last 7D

Price+$1spread +0.027% now, avg +0.014% → +0.014% if it goes back

Costs−$140.140% of $10k · taker + slippage, in and out

Result−$28−0.28%+ Points / potential airdropLighter: Season 3 · farm boardWhat 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+0.027%

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 29 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

OK: Fits both order books5.5 / 2.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $400
Bulk 20x, Lighter 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$2.52Long Bulk: 24 payments, +$4.44; short Lighter: 24 payments, −$6.96.
Note: Gap at its usual level+0.027% vs +0.014%
The price leg adds little either way.
Watch: Long leg is thinner$879K vs $1.6M OI
Bulk sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legBulk No · Lighter No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0077%/8h × 21 periods−$16.25

Price spread+0.027% → +0.014% (7d avg)+$1.36

Slippage, 4 orderslive order books−$7.02

Fee Bulk bp × 2 orders−$7.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$28.91

Costs to cover0.140%Break-evennever at this rate

Slippage: Bulk: live order book, 2 min ago; Lighter: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBulk0.005.5 bp−$57.1 bp−$71doesn’t fitdoesn’t fit

SELL · SHORTLighter0.972.3 bp−$25.2 bp−$5223.5 bp−$2,346doesn’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 ↗