PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HibachiPAXG/USDT-P	4,103	+0.0464	pay 0.0058% / 1h	7m 52s	$84K	$330K	20x	Long Hibachi
SHORT	BitgetPAXGUSDT	4,107.3	+0.0100	get 0.0050% / 4h	7m 52s	$9.5M	$11.4M	50x	Short Bitget

Price gap+0.107%

Funding gap−0.0364% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $11 a day and eats that in about 11 hours.

If you open now and hold

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

Funding−$57−0.0364% /8h now · paid −0.569% over the last 7D

Price+$5spread +0.107% now, avg +0.055% → +0.051% if it goes back

Costs−$510.512% of $10k · taker + slippage, in and out

Result−$103−1.03%+ 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+0.107%

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 size16.7 / 6.5 bp
At $10k entering Hibachi costs 16.7 bp, fee and slippage, 2.6× Bitget’s.
Note: Margin at max leverage$500 + $200
Hibachi 20x, Bitget 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$10.92Long Hibachi: 24 payments, −$13.92; short Bitget: 6 payments, +$3.00.
OK: Entry gap works for you+0.107% vs +0.055%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$84K 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: KYCHibachi No · Bitget Yes
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+0.107% → +0.055% (7d avg)+$5.13

Slippage, 4 orderslive order books−$30.21

Fee Hibachi bp × 2 orders−$9.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$102.98

Costs to cover0.512%Break-evennever at this rate

Slippage: Hibachi: live order book, 2 min ago; Bitget: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHibachi0.1116.7 bp−$1750.5 bp−$505doesn’t fitdoesn’t fit

SELL · SHORTBitget0.016.5 bp−$714.9 bp−$14978.8 bp−$7,879157.3 bp−$78.6K

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 ↗