PAXG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterPAXG	4,146.9	−0.0400	get 0.0050% / 1h	21m 13s	$1.6M	$570K	25x	Long Lighter7d free
SHORT	BulkPAXG-USD	4,146.5	−0.0053	pay 0.0007% / 1h	21m 13s	$874K	$2.2M	20x	Short Bulk

Price gap−0.009%

Funding gap+0.0347% /8h

Funding trade: +$10 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$15+0.0347% /8h now · paid +0.148% over the last 7D

Price+$1spread −0.009% now, avg −0.016% → +0.006% if it goes back

Costs−$120.120% of $10k · taker + slippage, in and out

Result+$3+0.03%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.148% in total, about +0.0076%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.009%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PAXG on 29 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

OK: Fits both order books0.3 / 4.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$400 + $500
Lighter 25x, Bulk 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$10.42Long Lighter: 24 payments, +$12.00; short Bulk: 24 payments, −$1.58.
Note: Gap at its usual level−0.009% vs −0.016%
The price leg adds little either way.
Watch: Short leg is thinner$874K vs $1.6M OI
Bulk sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legLighter No · Bulk No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0076%/8h × 21 periods+$15.86

Price spread−0.009% → −0.016% (7d avg)+$0.62

Slippage, 4 orderslive order books−$4.98

Fee Lighter bp × 2 orders$0.00

Fee Bulk bp × 2 orders−$7.00

Net · 7 days · $10k+$4.50

Costs to cover0.120%Break-even5.0 days

Slippage: Lighter: live order book, 7 min ago; Bulk: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.340.3 bp$03.1 bp−$3120.8 bp−$2,077doesn’t fit

SELL · SHORTBulk0.334.5 bp−$46.3 bp−$63doesn’t fitdoesn’t fit

Closing costs about the same again.

PAXG news

posts that mention PAXG, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	PAXGRUSDPERP no longer reported ($PAXG) seen by our collector
09-24 11:53	Bulk	Other	2/ A digital token backed by physical gold. Each $PAXG token represents one ounce of London Good Delivery gold, held in custody by Paxos Trust Company, N.A. Learn more: @bulktrade on X ↗
09-24 11:53	Bulk	Other	GOLD on BULK Trade $PAXG by @Paxos with up to 20x leverage now on @bulktrade on X ↗
09-17 15:05	Deribit	Product	🚨 Live on Deribit: Coinbase Exchange Liquidity for Spot Markets We’re excited to announce that the following spot markets on Deribit are now routed through Coinbase Exchange liquidity: BTC-USDC · ETH-USDC · XRP-USDC · BNB-USDC · SOL-USDC · PAXG-USDC Read more here: @DeribitOfficial on X ↗