Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.027%
Price spread now: Extended against HTX−0.216%7-day average −0.192% · 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−$45as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.216%, 7d avg −0.192%
=Together, before fees+0.029%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.024% cheaper against HTX than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.192%). If the spread goes back, that is −$2 on $10k: about 2.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.030% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,331.7 | 0 | get 0.0000% / 4h | 2h 28m | $903K | $709K | 75x |
| Short | Extended PAXG-USD | 4,322.3 | 0.0040 | get 0.0005% / 1h | 28m 36s | $379K | $1.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $8.4
- Price spread: −0.216% → −0.192%
- −$2.44
- Slippage, 4 orders
- −$25.29
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.33
- Costs to cover
- 0.423%
- Break-even
- 37.3 days
Slippage from HTX: live order book, 20 min ago; Extended: live order book, 5 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, 20 min ago | 1.64 bp | 24.6 bp −$25 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,330.5 | −0.028% | $42K | $164K | 20x | as long as short |
| Lighter PAXG | −0.0144% | 1h | 4,322.8 | −0.205% | $1.4M | $386K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0102% | 1h | 4,327.5 | −0.096% | $1.3M | $1.6M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0033% | 1h | 4,325.9 | −0.134% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,329.2 | −0.058% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,326.3 | −0.124% | $15.6M | $3.5M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,323.4 | −0.191% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,330.8 | −0.021% | $7.9M | $839K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,331.7 | long leg | $903K | $709K | 75x | |
| GRVT PAXG_USDT_Perp | +0.0004% | 4h | 4,329.8 | −0.043% | $1.5M | $1.9M | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.361% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0035% | 4h | 4,324 | −0.178% | $79.6M | $72.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0036% | 4h | 4,326.4 | −0.122% | $16.1M | $1.0M | 100x | as long as short |
| Extended PAXG-USDshort | +0.0040% | 1h | 4,322.3 | −0.216% | $379K | $1.4M | 25x | |
| Aster PAXGUSDT | +0.0066% | 4h | 4,327.2 | −0.102% | $903K | $26K | 50x | as long as short |
| Hyperliquid PAXG | +0.0069% | 1h | 4,324.6 | −0.163% | $20.7M | $2.4M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,323.4 | −0.192% | $81K | $3.3M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,329.6 | −0.048% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,326.1 | −0.129% | $1.0M | $349K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,325.1 | −0.152% | $14.8M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,326.7 | −0.114% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,323 | −0.201% | $9.8M | $15.5M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,324.1 | −0.175% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,326.3 | −0.125% | $1.3M | $801K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,327.7 | −0.092% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,324 | −0.177% | $1.5M | $34K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,327.9 | −0.087% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,328.9 | −0.065% | $952K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0792% | 1h | 4,339.8 | +0.187% | $29K | $24K | 10x | as long as short |
HTX PAXG-USDT
Extended PAXG-USD
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
GRVT PAXG_USDT_Perp
Injective PAXG/USDC PERP
Binance PAXGUSDT
MEXC PAXG_USDT
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
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