Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.025%
Price spread now: HTX against Extended+0.166%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.166%, 7d avg +0.191%
=Together, before fees+0.015%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.191%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PAXG-USD | 4,309.5 | 0.0024 | pay 0.0003% / 1h | 9m 28s | $376K | $1.5M | 25x |
| Short | HTX PAXG-USDT | 4,316.7 | 0 | get 0.0000% / 4h | 9m 28s | $902K | $796K | 75x |
Extended PAXG-USD
HTX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Extended. 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
- −$5.04
- Price spread: +0.166% → +0.191%
- −$2.45
- Slippage, 4 orders
- −$22.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$46.53
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; HTX: live order book, 29 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 Extended live order book, 4 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell HTX live order book, 29 min ago | 1.02 bp | 13.1 bp −$13 | 15.9 bp −$159 | 19.1 bp −$1,908 | 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 | 4,308.3 | −0.028% | $1.4M | $504K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,313.1 | +0.084% | $42K | $171K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0116% | 4h | 4,313.5 | +0.093% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0055% | 1h | 4,313 | +0.082% | $1.2M | $1.7M | 20x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,313.4 | +0.090% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,312.2 | +0.063% | $15.5M | $3.8M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,309.4 | −0.003% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,317.4 | +0.183% | $7.9M | $594K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,316.7 | +0.166% | $902K | $796K | 75x | |
| Extended PAXG-USDlong | +0.0024% | 1h | 4,309.5 | long leg | $376K | $1.5M | 25x |
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUALShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0024% | 4h | 4,317.3 | +0.181% | $16.7M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | +0.0027% | 4h | 4,310.1 | +0.014% | $79.7M | $76.5M | 75x | as long as short |
| Aster PAXGUSDT | +0.0033% | 4h | 4,311.6 | +0.048% | $899K | $30K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.877% | $1K | $151K | 30x | as long as short |
| ApeX Omni PAXGUSDT | +0.0038% | 1h | 4,312.1 | +0.060% | $261K | $774K | 50x | as long as short |
| Bitget PAXGUSDT | +0.0046% | 4h | 4,309 | −0.011% | $9.4M | $16.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0096% | 8h | 4,310.6 | +0.025% | $85K | $3.9M | 50x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,309.9 | +0.008% | $20.7M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,312.4 | +0.068% | $1.0M | $302K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,309.8 | +0.008% | $14.9M | $4.0M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,311.4 | +0.043% | $28.6M | $5.3M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,311.9 | +0.055% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,312.8 | +0.078% | $1.3M | $834K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,312.6 | +0.072% | $12.2M | $218K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,313.3 | +0.088% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | +0.058% | $1.5M | $53K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,309.1 | −0.010% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0224% | 1h | 4,318.8 | +0.216% | $950K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0920% | 1h | 4,321.6 | +0.281% | $29K | $23K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
ApeX Omni PAXGUSDT
Bitget PAXGUSDT
Paradex PAXG-USD-PERP
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD