Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 81.360 | +0.0060 | pay 0.0008% / 1h | 55m 01s | $88K | $38K | 10x | Long Paragon | |
| SHORT | 81.520 | 0 | 0.0000% / 8h | 3h 55m | $7K | $149K | 20x | Short HTX |
Price gap+0.197%
Funding gap−0.0060% /8h
The gap pays +$20 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 11 days. At the last 7 days' pace that is about 30 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$110−0.0060% /8h now · paid −1.100% over the last 7D
Price—spread +0.197% now · no price history on both exchanges yet
Costsno datano order book for Paragon
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyEntry / 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+0.197%
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
/8hGDX on 10 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for Paragon: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $500Paragon 10x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.80Long Paragon: 24 payments, −$1.80; short HTX: 3 payments, $0.00.
- Note: No 7-day spread history+0.197%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$7K vs $88K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0524%/8h × 21 periods−$109.97
Price spread+0.197% → 0+$19.67
Slippage, 4 ordersno data for Paragon—
Fee Paragon bp × 2 orders−$1.80
Fee HTX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$104.11
Costs to cover0.138%Break-evenfrom the start
Slippage: Paragon: no order-book sample; HTX: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGParagon—————
SELL · SHORTHTX73.93doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Paragon: no data.
| 10-13 11:32 | Paragon | Listing | VanEck Gold Miners ($GDX) is now trading 24/7 on Hyperliquid. Up to 10x leverage. The largest global gold mining companies. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-13 10:50 | Paragon | Listing | new market para:GDX ($GDX) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market GDX/USD ($GDX) seen by our collector |


gTrade (Gains Network)