Funding you earn now, next payment 07:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h +0.017%
Price spread now: Lighter against HTX−0.175%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.175%, 7d avg −0.161%
=Together, before fees+0.052%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PAXG-USDT | 4,321 | 0 | get 0.0000% / 4h | 1h 47m | $905K | $766K | 75x |
| Short | Lighter PAXG | 4,313.4 | −0.0184 | pay 0.0023% / 1h | 47m 31s | $1.4M | $465K | 25x |
HTX PAXG-USDT
Lighter PAXGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$38.64
- Price spread: −0.175% → −0.161%
- −$1.41
- Slippage, 4 orders
- −$29.39
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$81.44
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from HTX: live order book, 61 min ago; Lighter: live order book, 4 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, 61 min ago | 1.64 bp | 24.6 bp −$25 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.87 bp | 1.9 bp −$2 | 4.2 bp −$42 | 20.3 bp −$2,032 | 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 PAXGshort | −0.0184% | 1h | 4,313.4 | −0.175% | $1.4M | $465K | 25x | |
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,316.8 | −0.098% | $46K | $169K | 20x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0096% | 4h | 4,316 | −0.115% | $1.5M | $2.0M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0044% | 1h | 4,315.9 | −0.119% | $1.2M | $1.9M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0029% | 1h | 4,317.1 | −0.091% | $261K | $771K | 50x | as long as short |
| Binance PAXGUSDT | −0.0002% | 4h | 4,315.1 | −0.137% | $79.5M | $74.8M | 75x | as long as short |
| MEXC PAXG_USDT | −0.0002% | 4h | 4,322.2 | +0.027% | $16.5M | $1.0M | 100x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,317.9 | −0.072% | $101K | $12K | 5x | as long as short |
| Extended PAXG-USD | 0.0000% | 1h | 4,313.9 | −0.164% | $378K | $1.1M | 25x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,317.3 | −0.086% | $15.6M | $3.8M | 100x | as long as short |
Hibachi PAXG/USDT-P
GRVT PAXG_USDT_Perp
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
Binance PAXGUSDT
MEXC PAXG_USDT
dYdX PAXG-USD
Extended PAXG-USD
Gate PAXG_USDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | 0.0000% | 4h | 4,311.9 | −0.211% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,320.6 | −0.009% | $7.9M | $851K | 50x | as long as short |
| HTX PAXG-USDTlong | 0.0000% | 4h | 4,321 | long leg | $905K | $766K | 75x | |
| Aster PAXGUSDT | +0.0018% | 4h | 4,318 | −0.069% | $901K | $27K | 50x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.609% | $1K | $151K | 30x | as long as short |
| Paradex PAXG-USD-PERP | +0.0097% | 8h | 4,315.1 | −0.136% | $85K | $3.2M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,315.9 | −0.118% | $554 | — | 10x | as long as short |
| Hyperliquid PAXG | +0.0100% | 1h | 4,315.6 | −0.125% | $20.7M | $2.4M | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,317.3 | −0.086% | $1.0M | $317K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,315.6 | −0.124% | $14.9M | $4.1M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,317.6 | −0.078% | $28.6M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,314.7 | −0.146% | $9.4M | $16.5M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,316.5 | −0.103% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,316.1 | −0.113% | $1.3M | $813K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,315.3 | −0.131% | $12.2M | $221K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,316 | −0.116% | $1.5M | $52K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,315 | −0.139% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0232% | 1h | 4,319.3 | −0.039% | $975K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0800% | 1h | 4,326.3 | +0.123% | $29K | $23K | 10x | as long as short |
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Aster PAXGUSDT
Injective PAXG/USDC PERP
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