Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against GRVT+0.099%77s7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.099%, 7d avg +0.150%
=Together, before fees+0.008%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.050% cheaper against GRVT than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.150%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PAXG_USDT_Perp | 4,340.2 | 0.0004 | pay 0.0002% / 4h | 2h 51m | $1.5M | $1.9M | 10x |
| Short | HTX PAXG-USDT | 4,344.5 | 0 | get 0.0000% / 4h | 2h 51m | $905K | $691K | 75x |
GRVT PAXG_USDT_Perp
HTX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against GRVT. 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
- −$0.84
- Price spread: +0.099% → +0.150%
- −$5.02
- Slippage, 4 orders
- −$24.92
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$51.78
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; HTX: live order book, 62 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 GRVT live order book, 2 min ago | 0.01 bp | 5.9 bp −$6 | 8.7 bp −$87 | 1894.8 bp −$189.5K | doesn't fit |
| Sell HTX live order book, 62 min ago | 0.74 bp | 21.8 bp −$22 | 25.4 bp −$254 | 28.7 bp −$2,869 | doesn't fit |
PAXG on 29 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0200% | 1h | 4,340.6 | +0.009% | $46K | $158K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,344.1 | +0.090% | $1.3M | $1.5M | 20x | as long as short |
| Lighter PAXG | −0.0088% | 1h | 4,341.5 | +0.030% | $1.4M | $365K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0033% | 1h | 4,339.6 | −0.012% | $262K | $785K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,341.9 | +0.038% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,345.1 | +0.113% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,337.8 | −0.054% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.2 | +0.162% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,344.5 | +0.099% | $905K | $691K | 75x | |
| GRVT PAXG_USDT_Perplong | +0.0004% | 4h | 4,340.2 | long leg | $1.5M | $1.9M | 10x |
Hibachi PAXG/USDT-P
Kraken Futures PF_PAXGUSD
Lighter PAXG
ApeX Omni PAXGUSDT
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUALShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.164% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,344.5 | +0.099% | $16.2M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0037% | 4h | 4,343.2 | +0.069% | $80.2M | $70.4M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,342 | +0.042% | $379K | $1.4M | 25x | as long as short |
| Aster PAXGUSDT | +0.0076% | 4h | 4,342.9 | +0.062% | $906K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0092% | 1h | 4,343.2 | +0.069% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,343.3 | +0.071% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,342.9 | +0.063% | $557 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,344.7 | +0.104% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.5 | +0.099% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,346 | +0.133% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,343 | +0.066% | $9.8M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,343.5 | +0.077% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,343.8 | +0.083% | $1.3M | $793K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,340.8 | +0.014% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,339 | −0.027% | $1.5M | $39K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,341.7 | +0.034% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,342.3 | +0.049% | $955K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0760% | 1h | 4,351.4 | +0.258% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD