PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.008%

Price spread now: HTX against Orderly+0.039%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on HTX

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

The price spread pays, funding is against you. HTX is 0.039% dearer against Orderly than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PAXG_USDC_mythos	4,368	0.0100	pay 0.0050% / 4h	3h 54m	$560	—	10x
Short	HTX PAXG-USDT	4,369.7	0	get 0.0000% / 4h	3h 54m	$912K	$657K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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 OrderlybpFee HTXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$21
Price spread: +0.039% → 0.000%: $3.91
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$35.09
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 19 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell HTX live order book, 19 min ago	0.01 bp	11.5 bp −$12	13.2 bp −$132	16.5 bp −$1,655	doesn't fit

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
dYdX PAXG-USD	0.0000%	1h	4,367.1	−0.021%	$102K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,370.4	+0.055%	$15.8M	$3.4M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,362.9	−0.116%	$2K	$3.9M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,371.2	+0.072%	$8.0M	$871K	50x	as long as short
HTX PAXG-USDTshort	0.0000%	4h	4,369.7	+0.039%	$912K	$657K	75x
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	−0.474%	$1K	$151K	30x	as long as short
Lighter PAXG	+0.0096%	1h	4,366.6	−0.032%	$1.4M	$263K	25x	as long as short
Paradex PAXG-USD-PERP	+0.0100%	8h	4,366.9	−0.026%	$81K	$3.7M	50x	as long as short
Hyperliquid PAXG	+0.0100%	1h	4,367.9	−0.002%	$20.5M	$1.9M	10x	as long as short
Aster PAXGUSDT	+0.0100%	4h	4,367.6	−0.009%	$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	4,369	+0.022%	$1.0M	$365K	10x	as long as short
Binance PAXGUSDT	+0.0100%	4h	4,368.9	+0.020%	$80.3M	$70.7M	75x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,370.1	+0.049%	$15.2M	$3.7M	75x	as long as short
MEXC PAXG_USDT	+0.0100%	4h	4,367.3	−0.016%	$16.2M	$1.1M	100x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,369.6	+0.037%	$28.5M	$5.6M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,370	+0.047%	$9.7M	$15.3M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,368.8	+0.018%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,368.8	+0.018%	$1.4M	$973K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,369.4	+0.031%	$12.5M	$104K	—	as long as short
GRVT PAXG_USDT_Perp	+0.0100%	4h	4,369.6	+0.036%	$1.6M	$2.0M	10x	as long as short
ApeX Omni PAXGUSDT	+0.0100%	1h	4,367.7	−0.007%	$264K	$793K	50x	as long as short
Orderly PERP_PAXG_USDC_mythoslong	+0.0100%	4h	4,368	long leg	$560	—	10x
Phemex PAXGUSDT	+0.0100%	4h	4,364	−0.092%	$1.5M	$38K	50x	as long as short
Extended PAXG-USD	+0.0104%	1h	4,367.9	−0.001%	$379K	$1.2M	25x	as long as short
Hibachi PAXG/USDT-P	+0.0136%	1h	4,367.4	−0.014%	$42K	$155K	20x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,368.3	+0.007%	$21K	—	100x	as long as short
Kraken Futures PF_PAXGUSD	+0.0207%	1h	4,368.7	+0.016%	$1.3M	$1.5M	20x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0304%	1h	4,370.1	+0.048%	$977K	$1.1M	50x	as long as short
01 Exchange PAXGUSD	+0.1072%	1h	4,379.3	+0.259%	$29K	$23K	10x	as long as short