Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.018%
Price spread now: Hibachi against HTX−0.032%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.567%+$57 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.032%, 7d avg −0.150%
=Together, before fees+0.408%+ Points / potential airdropHibachi: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hibachi is 0.118% dearer against HTX than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.150%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.567%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,346.4 | 0 | get 0.0000% / 4h | 24m 37s | $906K | $680K | 75x |
| Short | Hibachi PAXG/USDT-P | 4,345 | −0.0128 | pay 0.0016% / 1h | 24m 37s | $42K | $155K | 20x |
HTX PAXG-USDT
Hibachi PAXG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi 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
- −$26.88
- Price spread: −0.032% → −0.150%
- $11.76
- Slippage, 4 orders
- −$42.21
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$78.33
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from HTX: live order book, 34 min ago; Hibachi: live order book, 34 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, 34 min ago | 3.35 bp | 18.4 bp −$18 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 34 min ago | 0.10 bp | 17.2 bp −$17 | 52.7 bp −$527 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-Pshort | −0.0128% | 1h | 4,345 | −0.032% | $42K | $155K | 20x | |
| dYdX PAXG-USD | 0.0000% | 1h | 4,345.5 | −0.021% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,346.7 | +0.007% | $15.6M | $3.3M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340.9 | −0.127% | $2K | $3.6M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,347.5 | +0.026% | $7.9M | $868K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,346.4 | long leg | $906K | $680K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.020% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0040% | 1h | 4,343.4 | −0.069% | $1.4M | $357K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0096% | 4h | 4,344.6 | −0.042% | $1.5M | $1.9M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,343.3 | −0.072% | $557 | — | 10x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Injective PAXG/USDC PERP
Lighter PAXG
GRVT PAXG_USDT_Perp
Orderly PERP_PAXG_USDC_mythosShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,344.1 | −0.054% | $81K | $3.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,345.3 | −0.026% | $20.8M | $2.4M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,345.1 | −0.031% | $906K | $30K | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,346 | −0.009% | $1.0M | $339K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,343.9 | −0.057% | $80.3M | $70.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,344.6 | −0.042% | $14.9M | $3.8M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,344.9 | −0.035% | $16.1M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,347.2 | +0.018% | $28.7M | $5.4M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,344.6 | −0.042% | $9.7M | $14.9M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,344.5 | −0.043% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,345.1 | −0.031% | $1.3M | $804K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,344.3 | −0.047% | $12.5M | $97K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,341.6 | −0.112% | $263K | $788K | 50x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,341 | −0.124% | $1.5M | $39K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,342.8 | −0.083% | $379K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,343.6 | −0.064% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0210% | 1h | 4,344.7 | −0.039% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,348.9 | +0.058% | $968K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0848% | 1h | 4,355.3 | +0.205% | $29K | $23K | 10x | as long as short |
Paradex PAXG-USD-PERP
Hyperliquid PAXG
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
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD