Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.008%
Price spread now: Paradex against HTX−0.045%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4194.185% of the position
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now −0.045%, 7d avg −0.175%
=Together, before fees−0.157%+ Points / potential airdropParadex: Active · farm board−$16 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 Paradex is 0.130% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,370 | 0 | get 0.0000% / 4h | 3h 56m | $912K | $656K | 75x |
| Short | Paradex PAXG-USD-PERP | 4,368 | 0.0100 | get 0.0100% / 8h | 7h 56m | $81K | $3.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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: −0.045% → −0.175%
- $13.03
- Slippage, 4 orders
- −$402.53
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$384.51
- Costs to cover
- 4.185%
- Break-even
- 135.2 days
Slippage from HTX: live order book, 17 min ago; Paradex: live order book, 3 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, 17 min ago | 0.01 bp | 20.4 bp −$20 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 3 min ago | 191.15 bp | 193.4 bp −$193 | doesn't fit | 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 | 4,367.1 | −0.066% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,371 | +0.023% | $15.8M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,362.8 | −0.165% | $2K | $3.9M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,371.1 | +0.025% | $8.0M | $871K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,370 | long leg | $912K | $656K | 75x | |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.519% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,368 | −0.046% | $1.4M | $262K | 25x | as long as short |
| Paradex PAXG-USD-PERPshort | +0.0100% | 8h | 4,368 | −0.045% | $81K | $3.7M | 50x | |
| Hyperliquid PAXG | +0.0100% | 1h | 4,368.4 | −0.037% | $20.5M | $1.9M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,368.8 | −0.028% | $911K | $30K | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PAXG | +0.0100% | 1h | 4,370.5 | +0.011% | $1.0M | $365K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,367.1 | −0.067% | $80.3M | $70.6M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,369.6 | −0.010% | $15.2M | $3.7M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,365 | −0.115% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,369.3 | −0.016% | $28.5M | $5.6M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,368.9 | −0.025% | $9.6M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,368.5 | −0.035% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,369.6 | −0.010% | $1.4M | $973K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,365.6 | −0.102% | $12.5M | $104K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,365.9 | −0.095% | $1.5M | $2.1M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,364.1 | −0.134% | $264K | $792K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,366.3 | −0.085% | $560 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,364 | −0.137% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,368.5 | −0.035% | $379K | $1.2M | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.0136% | 1h | 4,364.8 | −0.119% | $42K | $155K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,368.6 | −0.032% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0207% | 1h | 4,369.1 | −0.020% | $1.3M | $1.5M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0304% | 1h | 4,370.1 | +0.002% | $977K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0944% | 1h | 4,379 | +0.206% | $29K | $23K | 10x | as long as short |
HTX PAXG-USDT
Paradex PAXG-USD-PERP
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Injective PAXG/USDC PERP
Lighter PAXG
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
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Phemex PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD