Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against HTX−0.129%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.129%, 7d avg −0.130%
=The price spread sits at its 7-day average of −0.130%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,328.8 | 0 | get 0.0000% / 4h | 1h 59m | $902K | $747K | 75x |
| Short | BingX PAXG-USDT | 4,323.2 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $6.8M | — |
HTX PAXG-USDT
BingX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against HTX. 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
- $21
- Price spread: −0.129% → −0.130%
- $0.11
- Slippage, 4 orders
- −$25.89
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$26.79
- Costs to cover
- 0.479%
- Break-even
- 15.9 days
Slippage from HTX: live order book, 50 min ago; BingX: live order book, 8 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 HTX live order book, 50 min ago | 1.64 bp | 24.6 bp −$25 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.07 bp | 5.1 bp −$5 | 5.3 bp −$53 | 9.2 bp −$919 | 27.2 bp −$13.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0184% | 1h | 4,320.6 | −0.190% | $1.4M | $392K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0128% | 1h | 4,322.9 | −0.136% | $42K | $165K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0076% | 4h | 4,324.1 | −0.108% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,322.7 | −0.141% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0001% | 1h | 4,323.5 | −0.123% | $261K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,325.2 | −0.082% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,324 | −0.111% | $15.6M | $3.7M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,319 | −0.228% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,326.4 | −0.055% | $7.9M | $835K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,328.8 | long leg | $902K | $747K | 75x |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended PAXG-USD | +0.0008% | 1h | 4,320.4 | −0.194% | $376K | $1.4M | 25x | as long as short |
| Binance PAXGUSDT | +0.0009% | 4h | 4,321.9 | −0.158% | $79.7M | $74.3M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0010% | 4h | 4,324.7 | −0.095% | $16.5M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.427% | $1K | $151K | 30x | as long as short |
| Aster PAXGUSDT | +0.0034% | 4h | 4,324.6 | −0.096% | $902K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0092% | 1h | 4,322.5 | −0.146% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0098% | 8h | 4,322.5 | −0.146% | $81K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,322.2 | −0.152% | $555 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,324.5 | −0.099% | $1.0M | $320K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,323.1 | −0.132% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,324.9 | −0.091% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,321.4 | −0.170% | $9.3M | $16.1M | 50x | as long as short |
| BingX PAXG-USDTshort | +0.0100% | 4h | 4,323.2 | −0.129% | — | $6.8M | — | |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,322.4 | −0.147% | $1.3M | $810K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,323.7 | −0.119% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,319 | −0.226% | $1.5M | $46K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,322.1 | −0.154% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,333.5 | +0.107% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0776% | 1h | 4,333.1 | +0.099% | $29K | $24K | 10x | as long as short |
Extended PAXG-USD
Binance PAXGUSDT
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD