Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h −0.003%
Price spread now: GRVT against HTX−0.049%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.116%−$12 · spread now −0.049%, 7d avg −0.155%
=Together, before fees−0.069%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.105% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.155%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,363.2 | 0 | get 0.0000% / 4h | 3h 38m | $907K | $662K | 75x |
| Short | GRVT PAXG_USDT_Perp | 4,361 | 0.0100 | get 0.0050% / 4h | 3h 38m | $1.5M | $2.0M | 10x |
HTX PAXG-USDT
GRVT PAXG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.049% → −0.155%
- $10.52
- Slippage, 4 orders
- −$20.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$10.47
- Costs to cover
- 0.420%
- Break-even
- 10.5 days
Slippage from HTX: live order book, 35 min ago; GRVT: live order book, 5 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, 35 min ago | 0.01 bp | 20.4 bp −$20 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 0.01 bp | 4.6 bp −$5 | 5.7 bp −$57 | 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 | 4,359.2 | −0.091% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,358.3 | −0.112% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,352 | −0.256% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,360 | −0.073% | $7.9M | $871K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,363.2 | long leg | $907K | $662K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.364% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,355 | −0.187% | $1.4M | $270K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,355.7 | −0.172% | $80K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,356.1 | −0.162% | $20.8M | $2.1M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,357.8 | −0.123% | $909K | $30K | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Injective PAXG/USDC PERP
Lighter PAXG
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Aster PAXGUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,357.3 | −0.134% | $1.0M | $368K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,356.4 | −0.155% | $80.2M | $71.2M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,357.2 | −0.136% | $15.1M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,357.4 | −0.132% | $16.2M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,358.4 | −0.109% | $28.4M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,356.2 | −0.159% | $9.7M | $15.6M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,356.8 | −0.146% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,356.9 | −0.144% | $1.4M | $856K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,359.4 | −0.087% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perpshort | +0.0100% | 4h | 4,361 | −0.049% | $1.5M | $2.0M | 10x | |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,356.1 | −0.162% | $263K | $785K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,356.6 | −0.151% | $559 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,355 | −0.187% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,354.8 | −0.192% | $379K | $1.6M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0128% | 1h | 4,357.1 | −0.140% | $42K | $157K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,357.5 | −0.129% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0208% | 1h | 4,357 | −0.141% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,366.2 | +0.069% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1032% | 1h | 4,367.9 | +0.108% | $29K | $23K | 10x | as long as short |
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
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