PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.026%

Price spread now: Orderly against HTX−0.069%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.069% cheaper against HTX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PAXG-USDT	4,323.8	0	get 0.0000% / 4h	2h 18m	$902K	$736K	75x
Short	Orderly PERP_PAXG_USDC_mythos	4,320.8	0.0100	get 0.0050% / 4h	2h 18m	$554	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee OrderlybpOrdersPrice spread, now −0.069%Rate

Funding earned: $21
Price spread: −0.069% → 0.000%: −$6.87
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$3.87
Costs to cover: 0.180%
Break-even: 8.3 days

Slippage unknown: HTX: live order book, 30 min ago; Orderly: no order-book sample. Net counts fees only.

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, 30 min ago	1.64 bp	24.6 bp −$25	26.7 bp −$267	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-P	−0.0160%	1h	4,319.8	−0.093%	$40K	$165K	20x	as long as short
Lighter PAXG	−0.0144%	1h	4,319.3	−0.104%	$1.4M	$389K	25x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,321.5	−0.052%	$1.2M	$1.9M	20x	as long as short
ApeX Omni PAXGUSDT	−0.0039%	1h	4,315.7	−0.186%	$261K	$783K	50x	as long as short
GRVT PAXG_USDT_Perp	−0.0032%	4h	4,319.2	−0.106%	$1.5M	$1.9M	10x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,321.1	−0.062%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,322	−0.041%	$15.6M	$3.7M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,317.4	−0.148%	$2K	$3.5M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,324.3	+0.013%	$7.9M	$839K	50x	as long as short
HTX PAXG-USDTlong	0.0000%	4h	4,323.8	long leg	$902K	$736K	75x

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PAXGUSDT	+0.0021%	4h	4,321.5	−0.054%	$79.6M	$74.1M	75x	as long as short
MEXC PAXG_USDT	+0.0022%	4h	4,323.1	−0.016%	$16.4M	$1.1M	100x	as long as short
Extended PAXG-USD	+0.0024%	1h	4,319.9	−0.089%	$377K	$1.4M	25x	as long as short
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.544%	$1K	$151K	30x	as long as short
Aster PAXGUSDT	+0.0050%	4h	4,321	−0.064%	$902K	$27K	50x	as long as short
Hyperliquid PAXG	+0.0085%	1h	4,321.4	−0.056%	$20.7M	$2.4M	10x	as long as short
Paradex PAXG-USD-PERP	+0.0097%	8h	4,321.1	−0.062%	$81K	$3.3M	50x	as long as short
Orderly PERP_PAXG_USDC_mythosshort	+0.0100%	4h	4,320.8	−0.069%	$554	—	10x
Pacifica PAXG	+0.0100%	1h	4,322	−0.041%	$1.0M	$348K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,321.9	−0.043%	$14.9M	$4.0M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,323.2	−0.013%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,321	−0.065%	$9.3M	$16.0M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,321.1	−0.062%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,320.8	−0.069%	$1.3M	$814K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,317.2	−0.152%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,320	−0.087%	$1.5M	$45K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,321	−0.065%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,321.3	−0.056%	$950K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.0816%	1h	4,331.5	+0.179%	$29K	$24K	10x	as long as short