Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against HTX+0.198%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.368%−$37 · spread now +0.198%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.223% dearer against HTX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,312.5 | 0 | get 0.0000% / 4h | 3h 17m | $905K | $834K | 75x |
| Short | MEXC PAXG_USDT | 4,321.1 | 0.0004 | get 0.0002% / 4h | 3h 17m | $16.7M | $1.2M | 100x |
HTX PAXG-USDT
MEXC PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.84
- Price spread: +0.198% → −0.025%
- $22.31
- Slippage, 4 orders
- −$35.24
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$28.09
- Costs to cover
- 0.512%
- Break-even
- 241.1 days
Slippage from HTX: live order book, 16 min ago; MEXC: live order book, 1 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 HTX live order book, 16 min ago | 1.00 bp | 16.4 bp −$16 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.01 bp | 2.3 bp −$2 | 14.7 bp −$147 | 47.1 bp −$4,713 | 128.2 bp −$64.1K |
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 | −0.0235% | 1h | 4,318 | +0.128% | $114K | $14K | 5x | as long as short |
| Lighter PAXG | −0.0176% | 1h | 4,315.2 | +0.062% | $1.4M | $626K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,309.3 | −0.075% | $41K | $184K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0142% | 4h | 4,310.3 | −0.053% | $1.5M | $1.9M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0097% | 1h | 4,316.2 | +0.085% | $1.2M | $2.0M | 20x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,319.3 | +0.157% | $15.7M | $4.0M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,310.2 | −0.055% | $2K | $3.2M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,318.1 | +0.129% | $7.9M | $449K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,312.5 | long leg | $905K | $834K | 75x | |
| MEXC PAXG_USDTshort | +0.0004% | 4h | 4,321.1 | +0.198% | $16.7M | $1.2M | 100x |
dYdX PAXG-USD
Lighter PAXG
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | +0.0006% | 4h | 4,317.7 | +0.120% | $80.3M | $81.2M | 75x | as long as short |
| Extended PAXG-USD | +0.0008% | 1h | 4,316.1 | +0.082% | $373K | $1.5M | 25x | as long as short |
| Bitget PAXGUSDT | +0.0012% | 4h | 4,316.5 | +0.093% | $9.5M | $16.1M | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.0020% | 1h | 4,306.3 | −0.144% | $261K | $789K | 50x | as long as short |
| Aster PAXGUSDT | +0.0024% | 4h | 4,317.6 | +0.119% | $903K | $37K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.806% | $1K | $151K | 30x | as long as short |
| Hyperliquid PAXG | +0.0069% | 1h | 4,316.6 | +0.095% | $21.2M | $2.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0085% | 8h | 4,316.3 | +0.088% | $81K | $4.4M | 50x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,318.8 | +0.146% | $1.0M | $305K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,317.7 | +0.119% | $15.0M | $4.5M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,319.1 | +0.154% | $28.8M | $5.4M | 30x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,318.5 | +0.138% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,316.8 | +0.098% | $1.2M | $849K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,307.7 | −0.111% | $12.2M | $231K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,311.8 | −0.017% | $553 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,312 | −0.012% | $1.5M | $78K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,312 | −0.012% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,313.5 | +0.023% | $931K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0864% | 1h | 4,328.5 | +0.371% | $29K | $23K | 10x | as long as short |
Binance PAXGUSDT
Extended PAXG-USD
Bitget PAXGUSDT
ApeX Omni PAXGUSDT
Aster PAXGUSDT
Injective PAXG/USDC PERP
Hyperliquid PAXG
Paradex PAXG-USD-PERP
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