Funding you earn now, next payment 21:00 UTC+0.0320%/8h= +35.0% APRpaid last 24h +0.060%
Price spread now: Coinbase International against HTX+0.012%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.012%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.080% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,342.5 | 0 | get 0.0000% / 4h | 2h 31m | $907K | $658K | 75x |
| Short | Coinbase International PAXG-PERP-INTX | 4,343 | 0.0320 | get 0.0040% / 1h | 31m 29s | $998K | $1.1M | 50x |
HTX PAXG-USDT
Coinbase International PAXG-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $67.2
- Price spread: +0.012% → −0.068%
- $7.97
- Slippage, 4 orders
- −$26.09
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $27.08
- Costs to cover
- 0.481%
- Break-even
- 4.2 days
Slippage from HTX: live order book, 57 min ago; Coinbase International: live order book, 2 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, 57 min ago | 0.63 bp | 14.9 bp −$15 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 1.57 bp | 6.6 bp −$7 | 23.9 bp −$239 | 194.9 bp −$19.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.0101% | 1h | 4,337 | −0.126% | $1K | $121K | 30x | as long as short |
| Hibachi PAXG/USDT-P | −0.0032% | 1h | 4,337.6 | −0.112% | $41K | $156K | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,339.9 | −0.059% | $101K | $18K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,339.6 | −0.066% | $15.7M | $4.2M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,334.3 | −0.188% | $2K | $4.1M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,341.2 | −0.029% | $7.9M | $837K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,342.5 | long leg | $907K | $658K | 75x | |
| Lighter PAXG | +0.0096% | 1h | 4,335.9 | −0.151% | $1.4M | $520K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,336.7 | −0.133% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,337 | −0.126% | $20.3M | $1.9M | 10x | as long as short |
Injective PAXG/USDC PERP
Hibachi PAXG/USDT-P
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
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 | 4,337 | −0.126% | $906K | $76K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,338.1 | −0.099% | $1.0M | $352K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,337 | −0.126% | $79.9M | $70.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,337.3 | −0.119% | $14.8M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,338.2 | −0.098% | $15.9M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.5 | −0.069% | $26.7M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,338 | −0.102% | $9.2M | $14.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,338.1 | −0.101% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,338.2 | −0.098% | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336.4 | −0.140% | $12.4M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,337.1 | −0.124% | $1.5M | $2.1M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,336.7 | −0.133% | $262K | $796K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,337.2 | −0.121% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,333 | −0.218% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,336.3 | −0.143% | $377K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337.3 | −0.120% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0224% | 1h | 4,337.9 | −0.105% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTXshort | +0.0320% | 1h | 4,343 | +0.012% | $998K | $1.1M | 50x | |
| 01 Exchange PAXGUSD | +0.1408% | 1h | 4,354.8 | +0.284% | $29K | $21K | 10x | as long as short |
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
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
01 Exchange PAXGUSD