Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: HTX against Binance+0.072%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.072%, 7d avg +0.163%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.090% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,317.4 | 0.0000 | pay 0.0000% / 4h | 1h 52m | $79.6M | $74.4M | 75x |
| Short | HTX PAXG-USDT | 4,320.5 | 0 | get 0.0000% / 4h | 1h 52m | $906K | $761K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- −$0.08
- Price spread: +0.072% → +0.163%
- −$9.03
- Slippage, 4 orders
- −$25.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$56.37
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; HTX: live order book, 57 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 Binance live order book, 5 min ago | 0.01 bp | 5.0 bp −$5 | 5.2 bp −$52 | 9.0 bp −$899 | doesn't fit |
| Sell HTX live order book, 57 min ago | 1.64 bp | 12.3 bp −$12 | 14.3 bp −$143 | 17.5 bp −$1,754 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter PAXG | −0.0192% | 1h | 4,316.4 | −0.023% | $1.4M | $427K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,318.9 | +0.035% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0086% | 4h | 4,319.2 | +0.041% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0066% | 1h | 4,319.2 | +0.043% | $261K | $771K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,318.3 | +0.022% | $1.2M | $1.9M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | +0.012% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,315.8 | −0.035% | $378K | $1.5M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.6 | +0.052% | $15.6M | $3.7M | 100x | as long as short |
| MEXC PAXG_USDT | 0.0000% | 4h | 4,322.4 | +0.116% | $16.5M | $1.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,314.5 | −0.066% | $2K | $3.4M | 20x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,321.7 | +0.100% | $7.9M | $841K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,320.5 | +0.072% | $906K | $761K | 75x | |
| Binance PAXGUSDTlong | 0.0000% | 4h | 4,317.4 | long leg | $79.6M | $74.4M | 75x | |
| Aster PAXGUSDT | +0.0024% | 4h | 4,320 | +0.061% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.693% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,318.3 | +0.021% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,316 | −0.032% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,318.1 | +0.017% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,320.4 | +0.070% | $1.0M | $320K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,318.1 | +0.017% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,319.7 | +0.054% | $28.4M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,317.6 | +0.005% | $9.4M | $16.4M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,318.6 | +0.028% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,318.1 | +0.017% | $1.3M | $811K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,321.6 | +0.098% | $12.3M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,317 | −0.009% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,317.8 | +0.011% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,333.5 | +0.372% | $978K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0800% | 1h | 4,329.2 | +0.274% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
HTX PAXG-USDT
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Kraken Futures PF_PAXGUSD
Extended PAXG-USD
Gate PAXG_USDT
MEXC PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Aster PAXGUSDT
Injective PAXG/USDC PERP
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD