Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against HTX−0.110%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.475% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)−0.055%−$6 · spread now −0.110%, 7d avg −0.153%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.044% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,352.1 | 0 | get 0.0000% / 4h | 3h 17m | $904K | $645K | 75x |
| Short | Bitget PAXGUSDT | 4,347.4 | 0.0100 | get 0.0050% / 4h | 3h 17m | $9.6M | $15.1M | 50x |
HTX PAXG-USDT
Bitget PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.110% → −0.153%
- $4.38
- Slippage, 4 orders
- −$23.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.12
- Costs to cover
- 0.475%
- Break-even
- 14.4 days
Slippage from HTX: live order book, 56 min ago; Bitget: live order book, 1 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, 56 min ago | 0.01 bp | 20.4 bp −$20 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.01 bp | 8.3 bp −$8 | 10.7 bp −$107 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,347 | −0.119% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,348.9 | −0.074% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,341.2 | −0.250% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,350.1 | −0.047% | $7.9M | $875K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,352.1 | long leg | $904K | $645K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.111% | $1K | $151K | 30x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0052% | 4h | 4,351.1 | −0.024% | $1.5M | $2.0M | 10x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,345.8 | −0.147% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,346.3 | −0.134% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,348 | −0.095% | $20.7M | $2.1M | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Injective PAXG/USDC PERP
GRVT PAXG_USDT_Perp
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXGShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | +0.0100% | 4h | 4,347.5 | −0.107% | $907K | $29K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,348.4 | −0.086% | $1.0M | $366K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,347.7 | −0.103% | $80.2M | $71.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,348.2 | −0.091% | $15.1M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,349.7 | −0.057% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,348.8 | −0.076% | $28.4M | $5.5M | 30x | as long as short |
| Bitget PAXGUSDTshort | +0.0100% | 4h | 4,347.4 | −0.110% | $9.6M | $15.1M | 50x | |
| BingX PAXG-USDT | +0.0100% | 4h | 4,348.2 | −0.090% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,347.3 | −0.110% | $1.4M | $844K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,351.7 | −0.009% | $12.5M | $104K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,350.9 | −0.028% | $263K | $786K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,345.6 | −0.150% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,345 | −0.164% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,345.5 | −0.152% | $382K | $1.4M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0168% | 1h | 4,350.8 | −0.030% | $42K | $146K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,345.8 | −0.145% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0209% | 1h | 4,346.9 | −0.120% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,349.6 | −0.058% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0992% | 1h | 4,357.6 | +0.126% | $29K | $23K | 10x | as long as short |
Aster PAXGUSDT
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Hibachi PAXG/USDT-P
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD