Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Deribit−0.016%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.016%, 7d avg +0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.103% cheaper against Deribit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PAXG_USDC-PERPETUAL | 4,333.4 | 0 | get 0.0000% / 1h | 27m 19s | $7.9M | $180K | 50x |
| Short | HTX PAXG-USDT | 4,332.8 | 0 | get 0.0000% / 4h | 1h 27m | $912K | $818K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Deribit. 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
- $0
- Price spread: −0.016% → +0.087%
- −$10.28
- Slippage, 4 orders
- −$32.53
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$61.8
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 5 min ago; HTX: live order book, 19 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 Deribit live order book, 5 min ago | 4.79 bp | 8.3 bp −$8 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell HTX live order book, 19 min ago | 2.24 bp | 16.8 bp −$17 | 19.7 bp −$197 | 23.8 bp −$2,375 | doesn't fit |
PAXG on 29 exchanges
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 | −0.0362% | 1h | 4,329.2 | −0.097% | $116K | $16K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,330.8 | −0.061% | $15.7M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,326.3 | −0.165% | $2K | $2.7M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUALlong | 0.0000% | 1h | 4,333.4 | long leg | $7.9M | $180K | 50x | |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,332.8 | −0.016% | $912K | $818K | 75x | |
| Lighter PAXG | +0.0008% | 1h | 4,328.6 | −0.111% | $1.4M | $499K | 25x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.320% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,328.3 | −0.118% | $80K | $4.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,329.3 | −0.096% | $21.3M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,329.9 | −0.082% | $906K | $41K | 50x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,331.3 | −0.050% | $1.0M | $329K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,329 | −0.103% | $80.2M | $81.4M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,330 | −0.079% | $14.9M | $4.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,333.1 | −0.009% | $16.6M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,332.4 | −0.023% | $28.8M | $5.9M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,330.1 | −0.077% | $9.2M | $16.8M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,329.8 | −0.085% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,330.1 | −0.078% | $1.2M | $867K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,329.2 | −0.097% | $12.2M | $278K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,330 | −0.079% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,328.9 | −0.105% | $262K | $797K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,328.7 | −0.109% | $555 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,327 | −0.149% | $1.5M | $82K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,328.8 | −0.106% | $374K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0187% | 1h | 4,330.6 | −0.067% | $1.2M | $2.1M | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,328.3 | −0.119% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0264% | 1h | 4,337.6 | +0.096% | $928K | $1.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.0328% | 1h | 4,331.2 | −0.052% | $45K | $180K | 20x | as long as short |
| 01 Exchange PAXGUSD | +0.0968% | 1h | 4,340.5 | +0.163% | $29K | $23K | 10x | as long as short |
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
Gate PAXG_USDT
SunX PAXG-USDT
Lighter PAXG
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD