Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against HTX−0.063%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.063%, 7d avg −0.141%
=Together, before fees−0.047%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.077% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,354.9 | 0 | get 0.0000% / 4h | 2h 20m | $906K | $628K | 75x |
| Short | Aster PAXGUSDT | 4,352.1 | 0.0100 | get 0.0050% / 4h | 2h 20m | $908K | $30K | 50x |
HTX PAXG-USDT
Aster PAXGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $21
- Price spread: −0.063% → −0.141%
- $7.73
- Slippage, 4 orders
- −$23.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.86
- Costs to cover
- 0.436%
- Break-even
- 12.0 days
Slippage from HTX: live order book, 49 min ago; Aster: live order book, 48 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, 49 min ago | 0.84 bp | 23.7 bp −$24 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Aster live order book, 48 min ago | 0.01 bp | 5.0 bp −$5 | 8.5 bp −$85 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,351.5 | −0.077% | $102K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,353.6 | −0.029% | $15.7M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,347 | −0.181% | $2K | $3.8M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,354.7 | −0.004% | $7.9M | $873K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,354.9 | long leg | $906K | $628K | 75x | |
| Hibachi PAXG/USDT-P | +0.0016% | 1h | 4,352.4 | −0.058% | $42K | $160K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.174% | $1K | $151K | 30x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,351.6 | −0.076% | $1.4M | $305K | 25x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0098% | 4h | 4,352.8 | −0.048% | $1.5M | $2.0M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,351.7 | −0.073% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Hibachi PAXG/USDT-P
Injective PAXG/USDC PERP
Lighter PAXG
GRVT PAXG_USDT_Perp
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,351.5 | −0.077% | $20.7M | $2.1M | 10x | as long as short |
| Aster PAXGUSDTshort | +0.0100% | 4h | 4,352.1 | −0.063% | $908K | $30K | 50x | |
| Pacifica PAXG | +0.0100% | 1h | 4,352.4 | −0.058% | $1.0M | $364K | 10x | as long as short |
| Binance PAXGUSDT | +0.0100% | 4h | 4,352.1 | −0.063% | $80.2M | $70.8M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,353.4 | −0.033% | $15.2M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,352 | −0.067% | $16.2M | $1.1M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,353.7 | −0.026% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,352.5 | −0.054% | $9.6M | $15.1M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,352.5 | −0.054% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,352.4 | −0.057% | $1.4M | $803K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,353 | −0.042% | $12.5M | $109K | — | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,350.6 | −0.097% | $263K | $790K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,351.8 | −0.070% | $558 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,353 | −0.043% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,350.8 | −0.094% | $378K | $1.5M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,352.8 | −0.048% | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0247% | 1h | 4,352.1 | −0.063% | $1.3M | $1.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0312% | 1h | 4,356.3 | +0.033% | $972K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1008% | 1h | 4,362.4 | +0.173% | $29K | $23K | 10x | as long as short |
Hyperliquid PAXG
Pacifica PAXG
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Kraken Futures PF_PAXGUSD
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD