Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.002%
Price spread now: Injective against HTX+0.142%65s7-day average −0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.142%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.210% dearer against HTX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.068%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,341.1 | 0 | get 0.0000% / 4h | 3h 21m | $903K | $689K | 75x |
| Short | Injective PAXG/USDC PERP | 4,347.3 | 0.0033 | get 0.0004% / 1h | 21m 56s | $1K | $151K | 30x |
HTX PAXG-USDT
Injective PAXG/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against HTX. 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
- $7
- Price spread: +0.142% → −0.068%
- $21.02
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $16
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: HTX: live order book, 32 min ago; Injective: no order-book sample. 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 HTX live order book, 32 min ago | 0.74 bp | 13.7 bp −$14 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0160% | 1h | 4,334.7 | −0.149% | $42K | $154K | 20x | as long as short |
| Lighter PAXG | −0.0152% | 1h | 4,335.7 | −0.125% | $1.4M | $368K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0080% | 4h | 4,334.5 | −0.152% | $1.5M | $1.9M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.0068% | 1h | 4,334.5 | −0.153% | $262K | $786K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,334.8 | −0.146% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,338.8 | −0.053% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,332.3 | −0.204% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,340.3 | −0.018% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,341.1 | long leg | $903K | $689K | 75x | |
| Injective PAXG/USDC PERPshort | +0.0033% | 1h | 4,347.3 | +0.142% | $1K | $151K | 30x |
Hibachi PAXG/USDT-P
Lighter PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
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 | +0.0036% | 4h | 4,339 | −0.048% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0036% | 4h | 4,337.2 | −0.091% | $79.9M | $70.5M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,335.8 | −0.123% | $379K | $1.5M | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,337.6 | −0.081% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0093% | 4h | 4,336.9 | −0.096% | $905K | $27K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,336.9 | −0.098% | $81K | $3.6M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,336.1 | −0.116% | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,337.2 | −0.091% | $20.8M | $2.3M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,338.2 | −0.068% | $1.0M | $343K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,338.1 | −0.070% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,339.6 | −0.034% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,337.8 | −0.077% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,337.6 | −0.080% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,337.4 | −0.086% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,334 | −0.163% | $12.3M | $227K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,334 | −0.164% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,336.8 | −0.099% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | −0.047% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0920% | 1h | 4,347.4 | +0.145% | $29K | $24K | 10x | as long as short |
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Hyperliquid PAXG
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD